One funny thing I realized about pundits is that they can all quote you chapter and verse when it comes to the Pundit’s Fallacy, and yet they all also fall prey to it all the time. It’s kind of amazing, the cognitive dissonance. Now, you can find people guilty of this all around, but it must certainly isn’t a problem equal to all sides. Conservatives, and even moreso libertarians, are far more guilty.
One thing you’ve got to understand is that the coddling that conservative and libertarian journalists end up living with, thanks to their successful attempts to brand themselves a terribly oppressed victim group, means that they never have to confront the failure of their own ideas. When you’ve decided that every obstacle that faces your political platform is the result of “bias,” or conspiracy, or not enough of your policy that’s currently failing, you have no apparatus necessary for change. When people tell conservatives that they need to change, they are actually asking the impossible. Conservatives quite literally are incapable of changing; the belief that every setback and failing in their ideology is the result of some sort of bias has so saturated the ideology that the precondition for effective change– the recognition of a proglem– cannot be achieved. So here: the neoliberalism that Sarkozy represents has been the dominant economic ideology of Western elites for decades. More of Sarkozy cannot solve problems because what Sarkozy represents precisely is the problem. Same with austerity. The fact that it is currently a massive failure in Europe simply cannot penetrate the conservative consciousness.
Incidentally, the “adulthood” crack is part of the Metaphor That Ate the Economy, whereby people end up believing that governments are actually households, that what works for “ordinary folk” works for giant national entities, that economic failure has anything whatsoever to do with a lack of virtue (or similar bullshit), etc. Governments are not human beings. Nations are not people. Socioeconomic platforms have nothing to do with “adulthood.” And the scrimp-and-save behavior that people think should be rewarded with economic growth is in fact rewarded with horrible stagnation and failure.