One of the reasons for disdain for politicians

For full transparency, I am politically very far from the Swedish Social Democrats and socialism.

During the last 90 years (1932-2023), the Swedish Social Democrats have been in government for 78 years. To not admit that you are a large part of the blame for the state Sweden is in right now because you are in opposition because you lost the election last fall is incomprehensible.

I read an editorial written by an editor-in-chief of a social democratic journal blaming the current government for inaction. He believes that the banking law that was adopted in 1999, where the aim was to make Riksbanken more independent from politics, did more harm than good. The result of the Banking Act was that the only tool Riksbanken was left with was the policy rate.

The editor-in-chief also claims that politics, which according to him has a larger toolbox, has abdicated its responsibility. What the editor-in-chief misses in his editorial is that it was a social democratic government that adopted the new banking law in 1999. And that the Social Democrats have been in power until and including autumn 2022 with the exception of the years 2006-2014 since 1999.

In his leader, he demonstrates that he has reasoning skills and is, to say the least, normally gifted.To then omit that the former social democratic government and the then governor of Riksbanken had zero interest during the boom is dishonorable and reprehensible.