Why is it that the further to the Left that people go, the more cheerful they seem to be in recessions and economic crises? They are miserable when times are good.
The Left supported the discretionary fiscal, monetary and regulatory policies that caused the recession and then supported crisis management policies that deepen the recession. The Left always wants to tax and regulate their way out of every recession.
Most crisis management policies distort the incentives to hire and invest and reduce competition and efficiency. While different sorts of shocks lead to ordinary downturns, it is overreactions by governments to stem the crisis that prolong and deepen economic downturns, turning them into depressions.
One in three EU unemployed are Spanish because of employment protection laws. Cahuc et al. 2012 estimated that Spanish unemployment would be 45% lower if Spain adopted the less strict French laws! Differences in their employment protection laws accounted for nearly half of the dramatic rise in Spanish unemployment since 2007. Who is for and against these terrible laws?
Utopia, you are standing in it! 
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