May
2005 11
2005 11
Kirchner’s Surplus
Published by MartinVarsavsky.net in 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.
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