In recent days we have had very Good news On the development of the Spanish economy. You already know that to analyze this data, you have to do a very difficult – but certainly highly recommended – exercise to remove the head from the centrifuge. … Subordinate Spanish politics daily. With what’s been happening lately, it gets harder and harder when people who are not accountable to us use the economy as an excuse. In any case, the data is what it is – and I believe it – and it is undoubtedly good.
It is important to highlight the scoop that Minister Budi did not provide last week. he General disability It is scheduled to close this year at 2.5%. We must put this data into perspective. We have to remember where we come from. Not long ago we were one of the main players in the European debt crisis. In fact, we were the “S” of the terrible abbreviation coined by the Financial Times: Pigs. It’s been something that has haunted us ever since. Today it is no longer a problem.
It is important to stress, as always, that this is happening despite the government. We are in debt because of what this government did not do, not because of what it did. For example, in the case of the public deficit, if they had managed it more seriously, we would be much better off today.
Despite all this, the Spanish economy continues to perform well – and will continue to do so – for reasons that have nothing to do with this government’s economic policies. Today we are growing as we always have. The bricks have been thrown again The population is growing. We must not forget that macroeconomics is always about demographics. For example, the differential growth in the late 1990s and early 2000s is precisely that. We have achieved much greater growth than comparable countries because in that period the number of contributors to Social Security rose from twelve to twenty million. This is what is happening now. In the past three or four years, the population has grown at a rate of half a million people per year. They are clearly not Spaniards who are declining at the rate of a hundred thousand a year. As long as the brick continues to be pulled as it is being pulled, we have a cycle for a while. And there is the final reversal. with Imbalance between supply and demand As it currently exists, we have a lot of bricks to lay in the coming years.
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