Feb 22 • 03:01 UTC 🇦🇷 Argentina La Nacion (ES)

Matías Kulfas: "Milei has industrial blinders similar to those Cristina had with agriculture"

Matías Kulfas criticizes Javier Milei's economic approach, likening it to former president Cristina Kirchner's narrow perspective on agriculture.

Matías Kulfas, a former official in Alberto Fernández's government, critiques the current economic policies under Javier Milei, arguing they are misguided and out of sync with global trends. He emphasizes the need for a robust industrial policy, especially in light of rising inflation and declining formal employment. Kulfas expresses concern over the government's lack of focus on industrial development, which he believes is essential for Argentina's economic health.

In addressing the national economic crisis, Kulfas highlights a troubling contradiction: while the GDP is reportedly growing, formal employment is facing significant declines, demonstrating a lack of equitable economic growth. This paradox challenges conventional economic logic and points to a deeper structural issue within the Argentine economy. Kulfas urges the Peronist movement to rebuild with a more productive and territorial perspective, suggesting that sustainable growth must extend beyond mere GDP metrics.

Kulfas also warns about the dangers of maintaining a cheap dollar policy without accompanying industrial strategies, stating that this could lead to long-term economic instability. He draws parallels between Milei’s approach to industry and Cristina Kirchner's policies towards agriculture, implying that both lack a comprehensive understanding of their respective sectors. Kulfas's analysis calls for a reevaluation of the government's industrial strategies to ensure balanced and sustainable economic development for Argentina.

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