Juan Carlos de Pablo: “The likelihood of the government regaining its credibility is extremely low”

“Is it possible for this government to regain credibility? The probability is extremely low. If this is the case, the decision-making by 2023, because it is not an issue of this election, from the point of view of recovering credibility, is very little, ”said economist Juan Carlos de Pablo.

“Carrying out economic policy under these conditions is extremely difficult. In addition to that, you have managers in charge of the economic field, you do not have an economic team. You don’t have one to put the pieces together, to manage. We have a very complicated combination for the next two years, ”he said. When we have a crisis of this magnitude, we have to wait, from a human point of view, until the officials are paralyzed. It’s logic. They don’t know who to watch. You have nothing more than individual initiatives, ”he said.

The economist analyzed the impact that the scandal generated by the leak of Fabiola Yáñez’s birthday photo taken in July 2020, in the midst of strict quarantine, may have on the government’s economic decisions. “Here, if you don’t pay attention to the power the government has, you don’t understand credibility.“, He assured.

“This has implications for the decision-making process. It paralyzes the ruling party. Regarding the operation, we have to wait because the ruling party is in a state of assembly, ”he said on Monday in statements to Radio Miter. “The famous problem we are talking about is the lack of leadership, which is a basic thing,” he added.

Here, if you don’t mind the power of the government, you don’t understand credibility (De Pablo)

As an example, the economist highlighted the recent government proposal for a productive plan for the agricultural system. “If you want producers to produce more, stop messing around. Because people who get up every day to see how they find the return have enough problems to complicate it between procedures, threats and tax pressure. This is going to be the environment in which we are going to have to develop and thank God that there is private initiative. Thanks to this, the GDP barely fell by 10% last year ”, explained the economist.

And he pointed out that there are also no great leaders today. “In today’s world, we don’t have Charles De Gaulle or Winston Churchill. Here there is no leadership in the world. I remember Henry Kissinger saying better that there is no demand for strong global leadership when a serious problem needs to be solved because the supply is zero, ”said the economist. And he gave as an example the current situation in Afghanistan, after the failed US government withdrawal.

Asked about the opinion that exists in the world on the economic situation that Argentina is going through, De Pablo was frank: “They have nothing to say; we don’t exist ”. And he recalled the old Argentinian joke circulating the world: “The best deal is to buy Argentines for what they are worth and sell them for what they think they are worth. “

“The Argentine government is going to the G20 to explain how the world works. And the world does not depend on us. It’s a basic thing that presidents like Arturo Frondizi and Carlos Menem have understood. Every president starts with understanding how the world works, ”he said.

Regarding how this may affect the economy the president faces in the face of impeachment, the economist recalled how similar cases that have arisen with presidents of the United States have played out. “Impeachment is a reality. We have the United States file. Bill Clinton knew that with the Monica Lewinsky problem, they were going to do it batifondo, but they were not going to get the Democrats to give up. On the other hand, when Richard Nixon resigned it was because he was fed that the Republicans had let go of his hand and that this trial was going to prosper, “he explained.

“No one here is waiting for the ruling party to put its thumbs down on the president. But the political logic is to say ‘I don’t miss that. cardinal bite for any opposition party. It is in this context that the issue comes into play, “he added.

KEEP READING: