The Government continues to display its triumphalist portrait of the national economy without decorum despite the fact that more and more independent organizations are challenging it with worrying data.

The most serious thing about this exercise of hypocrisy is

no longer that the inability of the Executive to manage the crisis is once again evident, but that it does not even seem capable of putting down its permanent electoralism and truthfully explaining the situation to the Spanish.

Budgets constitute the pillar of the

The Government's economic program, and those that Sánchez has drawn up are based on outdated figures whose deviations have been known for months.

Yesterday we learned that the OECD drastically lowered Spain's growth trend for next year -from 6.8% in September to 4.5% -, also certifying that we will not return to pre-pandemic levels until the end of 2023. And in September It was already the National Institute of Statistics that modified its estimates very downward.

But instead of working on these imbalances and trying to straighten the course of economic policies, the government sustained its initial script, mortgaged to the whims of its radical partners.

This is the case of the agreement with ERC on Netflix

. After deceiving the Republicans, he now fears that they will hinder him to carry out the structural reforms of pensions or labor, which Brussels demands in exchange for the funds. The problem of the Executive - ignoring the black points of such reforms, which yesterday the governor of the Bank of Spain once again exposed - is that to carry them out it only has the parties of the Frankenstein majority, which separate it from the advisable consensus among the agents social and understanding with constitutional parties.

And while the OECD warned in its devastating report of the collapse of its growth forecasts by more than two points, Sánchez had no qualms in stating that the economic data in Spain enshrine the "solid foundations" of a recovery that the rest of the organizations place at the tail of the European Union economies.

Countries in our environment such as France are already emerging from the crisis, and Draghi's Italy -with the economy and health very damaged by the pandemic- will recover pre-covid levels at the beginning of 2022. Two opposite ways of managing a country, Sánchez's and Draghi's, which

the worst part is in store for Spain.

It is politically tempting to hide behind the rebound in employment that today, presumably, will yield positive but insufficient data.

We must not ignore the disproportionate weight of public employment or the seasonal nature of the Christmas season, with seasonal hiring in the private sector.

The obstinacy of the Government is exhausted in its mere propaganda eagerness, but it threatens to postpone the economic recovery for a middle class that continues

suffering the ravages of the crisis

in a context of rising inflation and fiscal suffocation that the Treasury, despite seeing how its collection is skyrocketing due to inflation, refuses to alleviate.

To continue reading for free

Sign inSign up

Or

subscribe to Premium

and you will have access to all the web content of El Mundo