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It is not the macro but the micro economy that worries and frightens the Spanish

Date: June 19, 2024 Time: 14:19:52

Spain is one of the countries that has best controlled the escalation of prices, inflation is the second lowest in the eurozone with gas. But the voters of the left and not a few of the extreme left continue to distrust and do not support this Executive and its coalition partner, as we have clearly seen in the past. What happens to the Government that does not finish convincing its voters? A good part of the economists attribute it to the fact that citizens in general perceive that the cost of living has risen by 13% in the last four years and the price of food by more than 23%, and that is what most They are frightened by the high cost of living, above the ‘super cool or super trans’ laws of Executives who spend their lives fighting for power and not for helping the needs of citizens.

The voters, also known by all as the ‘pagans or paganinis’ -that is, those who usually end up paying the expenses of the party- do not swallow (or do not fully understand) the great macroeconomic theories released by the Government, including the first vice president, Nadia Calviño, or the president himself, Pedro Sánchez, saying that “the Spanish economy is going like a motorcycle”. Nor do they easily digest the forecasts of the OECD or the Bank of Spain, or any other international organization, and not because they cannot be true, which to a large extent they will be, but because what hurts the paganinis is their particular pocket. , not the billions of the State that goes to its own and collects and squeezes us at all costs with all kinds of taxes; What torments the Spanish is microeconomics, which will be invaluable for large corporations and for the state, but it is the most real and the one that stings the most in the usual shopping basket.

At the beginning of Sánchez’s legislature, the Executive spoke a lot about the vulnerable and the most needy classes and the duty to help these families, but it realized -according to certain surveys, not from the CIS- that they were losing strength on the side of the middle classes and lower classes who did not feel protected or sheltered but rather abandoned. The error was partly corrected but the ‘stain’ could not be stopped or washed in time. In recent years it has been the insistence on large numbers while ignoring the daily figures that revealed the great loss of purchasing power: 25% of citizens declare that they arrive with many difficulties at the end of the month, that they need it to expire the next payroll to survive, and they are also forced to cut their level of consumption.

If we look at the countries with the highest risk of poverty rate in Europe, Spain is the penultimate, only surpassed by Greece. A chilling fact that requires any government to act, and the Spanish made it develop the Minimum Vital Income (IMV), but the difficulty came with the implementation problems that prevent the fight against poverty, according to AIReF aid only reaches 18% of potential beneficiaries. The exaggerated optimism of Minister Escrivá, who is the one with the most problems and troubles in his department without forgetting the chaos of Social Security, contrasts with the economic pessimism in which thousands of families at risk of poverty and exclusion live. .

The great drawback of Spain is that the situation is bad all over the world, but especially in Europe, which is weaker, mainly due to the great powers like Germany and France, which do not quite function as they should. Without forgetting the problem of the war between Ukraine and Russia that directly affects everyone. The fact that other countries are doing poorly makes you do worse, there is no drag effect that can benefit you and pull you. In addition, our country is one of the most fragile in the European Union, with a painful situation on almost all issues and where everything remains to be resolved, analyzed and regenerated. A simple look at the institutions is enough to confirm these contradictions.

The polarization that Spain suffers, mainly fostered by the Sánchez government and also sponsored by the opposition that refuses to lower its pulse so that they do not slap it from power, makes it impossible for the two main forces: PSOE and PP, to establish fundamental agreements to reform and in turn renew a large number of pending serious issues that are yet to be improved. The minority and nationalist parties that in troubled rivers get a political slice of their support, which always charge a good price, benefit from all this.

Pedro Sánchez himself confessed in the Alsina interview on Onda Cero that the PP has supported the government’s socialist measures on more than 51 occasions. Ignoring the sanchista obsession of ‘no is no’ that is practiced so much in Moncloa. If both leaders wanted to, they could understand each other, but the current acting president has always preferred to embrace the extreme left, separatists and Bildu as preferred travel partners rather than seek pacts with the center right of the PP. Núñez Feijóo told Sánchez to govern the list with the most votes, and that the other party abstain so as not to depend on minority parties. The answer, as Bob Dylan would say, is still in the wind.

Finally, and by way of including other more formal issues in the analysis, but which also cool the spirits of a certain disappointed left, we find Sánchez’s strategic decision to include, for example, the presence of Nada Calviñ or as a great asset of his Electoral Campaign, which sectors do not satisfy many of the sourstas that they see as an upstart/optunist who goes in addition to the lists of the PSOE, unites, unites, a bad gesture that is interpreted as a serious disloyalty of a technocrat who flutters Europe looking for Some hot seats and visiting television to improve their image, but they did not just get wet from the game just in case things on 23-J do not go well given.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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