The New York Times claims that "Argentina's economic misery could bring populism back into the country"

The US newspaper The New York Times published a full article Friday in which he badyzes the economic crisis that Argentina is going through, and the effect it could have on the electoral chances of President Mauricio Macri.

The text entitled "The economic misery of Argentina could lead to the return of populism in the country", says the government, in its promise to "reduce the monumental deficit and reduce the state", "broke with populism and the ramshackle fiscal policies that dominated Argentina for most of the year. last century, and chose in its place the difficult mathematics of economic orthodoxy ".

However, the following points indicate that the main problem is that "the Argentineans still have to take advantage of the other aspect of the promise made by the president: the economic rebound that should come after the pain "measures of fiscal austerity.

"It was badumed that his administration would offer an alternative to escape the politics of waste while offering an alternative path to countries facing the rise of populism in the world. Now, his presidency threatens to facilitate his return"he adds.

The article bears the signature of Peter Goodman, the world economic correspondent of the prestigious mediaand collects testimonies of citizens affected by the crisis in the city of Buenos Aires, the suburbs of Buenos Aires and the province of Entre Ríos.

But that also includes from the CEO of Flybondi, Sebastián Pereira, which ensured that the ruling society would grow at a faster pace without the failure of the government's economic policies.

"The situation is not good in Argentina, if people can not pay the utility bills, How can you think of flying?", Drew Pereira before the middle.

Although the New York Times states that, in the opinion of different economists, any government would have faced serious difficulties because of the "sheer scale of inherited problems", also reviews the various decisions of the Macri administration that contributed to the crisis.

"Some accuse the government of leading a cowardly search for gradualism, reducing spending very slowly in an unsuccessful effort to avoid the wrath of the mbades, "he describes.

And it continues: "Others accuse Macri of not setting realistic expectations. He said that he could easily defeat inflation and reduce subsidies at the same time, which instead increased the price of a key badet such as electricity. "

It also highlights the lack of foresight over the US Federal Reserve's decision to raise its interest rate. But above his mistakes, he makes the decision to include the then president of the Central Bank, Federico Sturzenegger, at the press conference of December 28, 2017 to announce a change in inflation expectations.

"The markets took this as a sign that the The government abandoned its war against inflation, opting for the traditional bet: print money instead of reducing expenses, "he explains.

The article tests a description of the impact that the economic outlook may have on the presidential elections of October: "The fact that the economy remains moribund is a topic of debate that could determine if Macri has more time, or if Argentina becomes populist again. "

As for the former president Cristina Kirchner, indicates that "his unbridled expenses have contributed to the crisis inherited from Macri", and ensures that "his return would mean a rejection of pro-market reforms that, at the same time, could bring Argentina back to known terrain: a left-wing populism located uncomfortably close to insolvency"

The article ends with one of the different personal stories that illustrate their premise: that of a family living near a landfill, in the suburbs of Paraná, in which they are looking for items that they can then sell to a recycler. "A woman finds a dish with princess motifs and gives it to her daughter to entertain him. In the mud, he pulls out a pair of leather shoes that he can turn into cash. "It's a way to feed my kids& # 39; ", closes the woman.