The former president of BCRA During the government of Mauricio Macri he recognized that since the libertarian inauguration until today “It seems like more than 100 days because of everything that happened” and pointed out that it is because Milei “is fighting three different battles”both on a cultural level, as well as on a macroeconomic and political level.
On a cultural level, the economist spoke tonight with the program A dos Voces de TN about what he considered as a battle to leave behind “the pre-existing story”, in which “for 20 years it was heard that the State was the solution to the problems”, to move “to one where it is said that the State can be “the cause of the problems.”
“The second plane is macroeconomics,” said Sturzeneggerand then refer to “the obsession that the president has with the surplus” like “something I haven’t seen.” In addition, he valued “the achievements” that he has achieved in terms of fiscal results for January and February because, as he said, “They are not common either.”
Along these lines, he pointed out that it is one of the main battles because “There is no economist who does not agree that if the fiscal situation is resolved, inflation and the problem of growth will be resolved.”
However, he stated that The most difficult dispute is the third, “the fight against caste.”. “The president talks about an impoverishing model of caste. The caste model is a model where there are interests in society that appropriate resources from the rest, the unionists appropriate resources, the businessmen get their protection… For me, Onganía created it. In those 50 years, Argentina stopped growing,” he noted.
Federico Sturzenegger proposed lowering spending to 25% of GDP
He then referred to the reduction of public spending carried out by the government, of which he said he was not “an advisor” but rather a “assistant”, by pointing out that Argentina cannot “have a state that uses the people’s resources to feed itself” because “we come from a country that has not grown in 50 years.” And he considered that “Public spending has to return to its historical percentage of 25%.”
In that sense, he considered that both the Bases law, also called omnibus law, As the DNU The purpose is to change “the current structures” of the world to move towards a “lighter” State. “To improve the middle class and lower people’s tax burden, you have to lower spending,” he said and added: “The only way for Argentina to have fewer taxes is to lower public spending.”
The former secretary of Economic policy of the alliance and author of Mega exchange recognized that Milei is found giving “a difficult battle” but he stressed that “they voted for him for that” because “People said they don’t want this system anymore.”
For this reason, he explained that the setbacks that the Government in it Congress They are not going to stop the plan reform, be it through DNU, the new law Bases or other tools. In this regard, he referred to the change in strategy that the president took when the omnibus law failed: “When he decided to withdraw the law he said we could do it through decrees and regulations, and that’s what we did.”
Regarding the decree, Sturzenegger He stressed that currently “it is in force, except for the labor chapter, because the corporations defend themselves.” And he assured that “it has very interesting things that are going to generate changes very important”.
On the other hand, when asked about the effect of the income liquefaction that the adjustment generated on retirees, the economist pointed out against the opposition for not having voted for the change in the forecast formula which was included in the Bases law. “It will be part of the new negotiation,” she said.
When referring to the president, he did not hesitate to affirm that he is a person “with extraordinary courage” for the plan he is carrying out. And he went further by pointing out that there will be no going back: “His government program will continue and in six months the benefits will be seen.”
Finally, he dared to rate the role of president in the first 100 days of his mandate with the highest grade. “I give him a very high grade, a ten, for his courage, strength, consistency, and attempt to play for what he believes is best for Argentina,” he concluded.
Source: Ambito
