Re: Keynesian Christmas!

[Alan Cibils <abcibils@xxxxxxxxx>]

Diego,

My point below was that minimum wage proposals have not emerged from an
_actual_ president. I was not talking about presidential campaigns.

Re. the reserves, I will see if I can dig up the recent article which
stated that reserves were less than M1.

Alan



At 06:30 PM 12/26/2001 -0500, Diego Miranda wrote:

> > c) It was refreshing to hear an Argentine president (even if a transitory
> > one!) talk about unemployment benefit and a "salario minimo, vital, y
> > movil" (minimum wage). It had been literally decades since we had heard
> > such words spoken from those in power.
>
> Actually, that or similar language was used by the previous De la Rua
> administration during the electoral campaign of 1999, and by Menem, in
> 1989 (the so-called 'salariazo').  I hope (and actually think that) this
> time it is more than words.
>
> Diego


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