The Toxic Lies of Putinomics
Writing in the Moscow Times last week, Anders Aslund pointed out just how very many utterly ridiculous lies were told by the Putin regime when it propounded it’s 2009 budget in November of last year, in the vortex of an economic crisis that was worsening by the day.
- It said GDP would grow by 6%. Lie #1. It now expects a 2% contraction.
- It said there would be a 4% budget surplus. Lie #2. It now admits at least a 7% deficit.
- It said the price of crude oil would be $95/barrel. Lie #3. Now, it says the price will be just $40/barrel.
- It said 25 rubles would buy one dollar. Lie #4. That became 33.
- And it said, lie #5, that consumer price inflation would fall to 9%. In fact, it will soar to 13%, or more.
In any normal country, a government caught in even one lie of this magnitude would be ridiculed and ridden out of town on a rail. But Russia, of course, is not a normal country, and not even all five together are enough to raise an eyebrow among the rank and file of the citizenry.
The people of Russia, of course, get what they deserve. The impose no supervision on the Kremlin, and they do not call it to account when it fails. Why should the Kremlin, then, care whether it fails or not? It would naturally only care about doing what is necessary to preserve itself in comfortable power, and if the people do not demand that their welfare be considered then of course it would not be.
No nation can be governed this way over the long haul, least of all a chicken-with-the-head-cut-off place like Russia. As we’ve said many times before, Russia is simply repeating all the mistakes made by the USSR as if the collapse of that benighted wreck did not happen, or meant nothing.