April 11, 2021

Prop up the economy | Economy

Prop up the economy | Economy

A Spanish economic policy may have lacked enough sincerity for years. Honesty to get rid of the intellectual or temporary property of ideas and recognize the meeting points. It is difficult to identify left and right policies when reality has linked us, since the transition, to an environment of fiscal responsibility and European openness in which certain proposals can not be ideologically labeled. We stepped on a terrain in which what we call the welfare state has tried to mature without the necessary solidity.

Every time an election date approaches, whenever agreements are needed to add majorities of government (or censorship), intersection sets appear in the economic proposals of parties from almost the entire political spectrum. It is even exciting to see that they touch on structural aspects that are sorely lacking in this country, from the treatment of corruption to educational reform or the sustainability of pensions. When the time comes to take action, however, the groups move away and the common space disappears to surrender to a double destructive mission. On the one hand, reject common ideas to appropriate them individually, almost always without a sufficient majority to implement them. On the other hand, accept more populist visions with open arms, leaving aside the necessary long-term reform in pursuit of a short-term electoral return. The latest agreements to link pensions to the CPI They are the clearest example.

Today budgets are debated in Parliament. Once again but now it sounds definitive. If they are not approved, events of a political nature are expected. What this country lacks is to prop up the economy at a time when the European and international economic slowdown is tightening. Curiously, now that it is possible that the legislature may have little time left to undertake major reforms, a new reformist agenda is presented. It is, without doubt, a point of reference that citizens should not lose sight of. The Agenda for Change presented by the Minister of Economy it introduces structural proposals as much or more important than those that are debated around the State Budgets. But it is not that Agenda that seems to concentrate the political battle and the media scenario, so unfortunately it could end up being diluted. Leaving aside formal aspects (important but salvageable), measures such as the "Austrian backpack" or reforms in science, research or energy have much to do with proposals and previous electoral programs of other executives with different political signs. If there were enough political maturity, there would be many possibilities to advance. But nevertheless, populism seems like a virus too contagious. And often end up taking measures completely contrary to the logic previously raised.

There does not seem to be an environment of institutional and territorial solidity that encourages looking at the structural. The last time that deep reforms were tackled in Spain, it was forced by the EU before the crisis. Without struts, the next swing can take too many foundations of the Spanish economy ahead.


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