With the unbeatable and unforgettable example that appears in the title of these lines, in the 1960s, Paul Anthony Samuelson put us in our blood the inexorable conflict that arises every time there is a scarce resource that can have more than one destiny.
Conflict between goods in the case of factorial endowments; between leisure and work, and also between present consumption and future consumption. But here and now it refers, mainly, to the counterpart of an improvement in the public accounts of the National Government, between increasing certain public expenses and reducing some taxes.
The fiscal stuffs never occur between “little angels”, but between people who integrate sectors or perform in regionswho – logically – argue that the improvement in social plans, social security, as well as the reduction of the aliquots, or the elimination of a specific tax that affects them must have priority with respect to the other sectors and regions.
Ergo, We have to wait force in the approaches, disqualificationsetc., and in the case of the marches of the retirees and their “allies”, in front of the National Congress, on Wednesday, violence.
In the implementation of fiscal policy, political considerations are crucial. There is no single way to implement the famous “there is no money”, but we do not confuse the particular arguments to try to reorient economic policy with “what suits the country.”
Economic policy conflicts appear everywhere. On the eve of the elimination of the exchange rate for people, the conjecture was located in the upper portion of the exchange band. Now it is conjectured if the Central Bank of the Argentine Republic (BCRA) will intervene in the market before the floating exchange rate reaches $ 1000.
In the very short term, It is logical that the National Executive Power privileges the evolution of the inflation rate. Ergo will listen to the arguments referring to the conflict between imports and local production costs, but for the moment it will privilege the review of price lists based on “devaluation.”
Over time … over time everything, because everything is very fluid and dynamic, both in our country and in the rest of the world. On purpose: According to the International Monetary Fund (IMF), in 2025 Donald Trump will cost half a percentage point to the global gross (GDP) growth.
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