Published by MartinVarsavsky.net in Argentina with No Comments
Kirchner is doing something that no one has done in the history of Argentina in the last 50 years. He’s created a surplus. While all of his predecessors poorly managed, issued worthless money, and got themselves even deeper into debt, Kirchner has taxed the country to a point where he now sits on the biggest fiscal surplus in the world. The fiscal prudence of Kirchner, combined with a generous social policy, is one of the greatest achievements during his presidency. However, it’s a strategy that represents an enormous danger for him and the country.