We already have gray hairs to recite that these are the Budgets with the highest social spending in history. While there is inflation, the nominal growth of any expenditure must be qualified. If inflation is 10% and spending grows 7.6%, it is actually falling 2.4% because to do the same you need more money. It’s not too different from what happens to them at home: if they win 100 and prices go up, they can now buy for 90. So the governments would do well to make less propaganda and explain more the harshness of the situation, it is true, derived from a war, and not from mismanagement.
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The pact between the half-government of the PSOE and the half of Podemos reveals another reality that has not been clearly explained either: spending grows faster than the economy. In other words, we are going to spend even more than we earn. That would generate more deficit and more debt, but they are reduced. The reason is very simple, tax pressure increases. In other words, in addition to losing purchasing power due to inflation, we will also lose it due to taxes. Although unevenly. There you can see the accent of Podemos that intends to protect the most vulnerable and make those who have the most pay the cost of the crisis. But he is not always right because he equates the great with the rich and that is not always true.
This is the last budget of the coalition government. The face of Sánchez and Díaz at the time of announcing the agreement was a poem. That has been the fate of this alliance, it has always been done reluctantly and without any illusions. Perhaps that would explain what the surveys detect. The voters support the approved measures but withdraw their support for the parties that are governing. This coalition has had more funeral moments than sacramental ones. They all gave the impression of being forced there. And so it is very difficult to make people believe that a repetition of the formula is possible. This is and will be until the end a Tiktok government. Yolanda Díaz is only interested in saying that there are a dozen measures in the budget that would not be there if the PSOE ruled alone. And Sánchez is only concerned about assuming that there are a dozen measures that have been left out of a government with Podemos. And what happens anyway is that the 20 were necessary and useful. Topics are always bad advisers.