The papers of Pedro Sánchez

The General State Budgets will pay a toll in Catalonia that will fall on the pockets of the citizens of Madrid. According to the documentation released by the Ministry of Finance, Catalonia will receive 231 million more in public investment compared to 2021. Madrid, on the other hand, will lose about 100 million.

Specifically, and as INVERTIA explains, the territorialized public investment in Catalonia will be 2,230 million, for only 1,151 million in Madrid. A difference of more than a billion euros that is not justified in any case by the population difference: 7.5 million Catalans for 6.6 million Madrid.

Madrid, the great victim of these Budgets, will receive 8.9% of the State’s investments when in 2021 it received 10.3%. The Community of Madrid represents 14% of the Spanish population and generates more than 19% of GDP.

Globally, investment in Catalonia will be 17.4% of the total. The investment of the State will also be higher than that of Madrid in the Valencian Community. Ximo Puig, who has made the flag of the thesis that Madrilenians should compensate Valencians for what he calls capital effect, it will take 9.3% of the investments, almost half a point more than Madrid, its economic and population weight being much lower.

A government toll

It is inevitable to interpret these Budgets as the toll that the Government pays to its pro-independence parliamentary partners in exchange for these allowing him to exhaust the legislature. It is also inevitable to interpret them as a punishment to the Community of Madrid, the national economic engine and the only autonomy that has resisted the onslaught of the epidemic with a policy different from that of the rest of the Spanish communities.

The Minister of Finance, Maria Jesus Montero, has answered questions about inequality in investments in Catalonia and Madrid with the argument that the latter will receive significant amounts in the section on non-territorialized investments.

Although the investment forecast is not equivalent to the final execution of these, it is evident that the General State Budgets presented yesterday by the Government seem destined to satisfy ERC. An ERC that, predictably, will appreciate the Government’s gesture as it should, given that this allows you to justify to your voters the kick forward to the process What does the dialogue table mean?.

A weak government

From a more general point of view, Budgets revolve around three axes.

The first is social spending, which is skyrocketing despite the fact that Spain is the country with the largest structural deficit in the EU. A social spending that is intended to be sustained with an unprecedented increase in collection and that does not even contemplate the reduction of half a point in the forecasts of Spanish GDP for 2021 that the IMF made public yesterday.

The second, some young people who Pedro Sanchez pampers against the suspicion that they seem to be moving away from the PSOE and approaching United We can in the polls. Something that he remembered yesterday, and not exactly innocently, Ivan Redondo during an interview on Espejo Público: “Yolanda Díaz is the leader of those under 45, who make up 40% of the census.”

The third, the eternal territorial problem, solved with the aforementioned increase in investment in Catalonia and the reduction of the same investment in a Basque Country that, with total security, will demand compensation during the processing of Budgets in the Congress of Deputies.

If these Budgets have shown something, it is the difficulty of designing reasonable and equitable public accounts when they depend on a weak government that must pay infinite tolls to disloyal and opportunistic partners in exchange for its mere survival.

Disclaimer: If you need to update/edit/remove this news or article then please contact our support team Learn more

Leave a Reply