Sector Público (ingles) archivos - Page 7 of 13

Sector Público (ingles)

There is no way to increase public spending

The Vice-President made public her demand for more public spending. Nominal spending can be increased, but not real spending, because inflation automatically causes it to lose its real value. The Vice-President’s proposal, shared by many Argentines, is at the core of Argentina’s decadence. (more…)

The important issues were avoided during the primaries

The growing people’s refusal to accept more money expansion forces to increase the fiscal deficit financing through more public debt. This generates an unsustainable trend that increases the urgency of addressing an integral public sector ordering. However, the issue is not on the political agenda yet. (more…)

Argentina has to get out of the co-participation trap

Co-participation (the federal tax revenue share) is a perverse rule that harms the most productive provinces and perpetuates the underdevelopment in the most backward ones. The constitutional mandate to reform it is unfulfillable. That is why it should be eliminated and each province financed with its own taxes. (more…)

The National Ministry of Social Welfare must be closed

In its two decades of existence, this Ministry specialized in distributing welfare programs on a discretionary basis. It served only to encourage mobilizations and to use poverty for electoral purposes. In order to stop manipulating the poor and provide solutions, a structural change of strategy is necessary. (more…)

Uruguay lowers the price of meat with more foreign trade

The government banned the export of meat to lower its price. There are less rudimentary and harmful ways to care for domestic consumption. A nearby example is provided by Uruguay, which managed to contain the price of meat without harming exports. To achieve this goal, it increased imports of meat. (more…)

Wages will lose out again to inflation

The inflation increase observed in the first quarter of 2021 suggests that real wages will keep falling. Therefore, the social situation will worsen. Tackling the pandemic is urgent. But the most important issue is to roll on a comprehensive reorganization of the public sector in order to recover price stability and economic growth. (more…)

A second lockdown in unfeasible

Faced with the exponential growth of contagions and the lack of vaccines, the alternative of a second lockdown looms. But neither public finances, nor the labor market, nor the psychology of the people can withstand a new confinement. It is more humane to avoid social paralysis and appeal to people’s responsibility. (more…)

Capital income tax is not high in Argentina

The project to increase corporate income tax is criticized because it is said that it will scare off investment. Compared to other countries, the high tax burden is not due to corporate income tax but to employers’ contributions. The way to lower them is not as the president announced. (more…)

Ordering the state is neither right nor left-wing

The public sector degradation is at the root of Argentina’s economic and social decline. A well-organized public sector is not an ideological issue. It is a prerequisite for sound public policies, regardless of their right or left-wing political orientation. (more…)

The income tax should not be changed

The government and the opposition are reportedly agreeing to reduce the incidence of the income tax. Meanwhile, taxes that punish the most underprivileged are maintained. Having such an unfocused and opportunistic agenda is a guarantee of deepening economic and social decline. (more…)