The EU, Sánchez and the adjustment.
While great facts of world reality in Palestine Y Ukraine attract attention, The crisis of the capitalist economy continues its course and the standard of living of working people deteriorates. In the Spanish State the danger lights remain on without the union leaders flinching. Actions and new union and political leaders are needed to turn everything around.
Approved with warnings
The European Commissioner for Economy Paolo Gentiloni stated that geopolitical tensions “cast a shadow of uncertainty on the economic outlook” in a year in which the clause adopted during the pandemic that kept the usual fiscal rules frozen will be deactivated. This is the framework that began to be placed for next year. One of those reported was Pedro Sánchez, still with the celebrations of his investiture in tow. Last Tuesday the European Commission gave its approval to the Spanish budget project 2024 based on an extension of the previous budget. Nevertheless, issued a warning: there will be a tax situation “very difficult” with a deficit above the limit of the 3% of GDP and debt “quite high” that will continue to surpass the 100% del START, when the treaties set a limit of the 60%. further, You have requested a budget update, Between other reasons, for the extension of the VAT reduction for basic foods that Sánchez announced during the investiture speech. On the other hand, the European Central Bank (ECB) has placed Spain as the fourth most vulnerable country if there is a worsening of the crisis. The warnings are indicative of the usual community control and also of the adjustments whose dimensions are the reason for different astronomical figures..
Indicators in sight, in a Euro economy that does not take off
Although in Brussels they consider that the Spanish economy is in recovery, they have indicated that the employment rate is still “well below the EU average of 74,6%, what constitutes a 'critical situation'" with high youth unemployment particularly in Melilla, Ceuta and the Canary Islands. The gender labor gap is at the European average and the growth in gross per capita disposable income in households is in a critical situation, below the level of 2008. This is combined with other more general data: In the third quarter the community economy contracted 0,1% and the GDP does not grow, issues that confirm the stagnation of the European economy. The German economy contracted 0,1% and the French girl only grew one 0,1%, while the Italian stagnates. Among the Twenty-Seven, the highest quarterly growth rates are recorded in Poland (1,4%), Cyprus (1,1%) and Hungary (0,9%) and the worst are from Ireland (-1,8%) and Finland (-0,9%). Eurostat data continue to confirm the economic slowdown in the Euro Block.
Crisis, recession, inflation and deterioration in living standards
European economists estimate that a new contraction in the last quarter of the year is not the most likely, but if it occurs it would mean entry into “technical recession”. Meanwhile the European Central Bank (ECB) has the objective of lowering inflation by 2%, without reducing in the short term the rate of interest rates currently set in 4,5%, also the president, Christine Lagarde, already warned that in the coming months inflation could increase and sentenced: “It is too early to claim victory against inflation”. Beyond intentions and forecasts, predict a crisis “deep and prolonged”. The “aid” granted by the imperialist bloc of the EU was not free, On other occasions they warned about pensions and salaries, again the warnings are a reminder of the belt adjustments that will make. The concrete, is that inflation continues, salaries and pensions are increasingly deteriorating, Rents in the main cities are practically unaffordable, working conditions are precarious, The end of the post-pandemic palliatives has already begun to be announced.. It is known that the pandemic and the war in Ukraine have caused problems, but the underlying issue is the continuity of the crisis of the economy generated by the capitalists that has not stopped nor shows symptoms of recovery.
By new union and political leaders
If you add a government and a regime in trouble to political instability and settings in folder, It is evident that a big question arises about the destiny of the Spanish State. The situation of deterioration in the standard of living of the workers and the people is the responsibility of the “progressive coalition” government of Pedro Sánchez and the regional governments., always prone to favor businessmen and banks instead of privileging those most in need. from now, With the PP and Vox there will be no solutions either since they all share the defense of a capitalist system in crisis and an anachronistic regime. It is necessary that the union leaders of UGT and CC. AND. abandon the lethargy, complicity with the bosses and the power, or are they going to wait for the water to reach the workers' necks before even threatening to do something?? They have to call assemblies so that the working class can democratically debate and vote on their own list of demands., with staggered actions, with a plan of struggle with mobilizations and a general strike to recover incomes damaged by inflation and for a better standard of living. And yes they don't, you have to go over them, as you can, with new leaders, democratic and combative. Both at the union level and at the political level we must fight so that the crisis, those who generated it pay it, that is to say, the capitalists.
