Wednesday, July 20, 2016 Where are the constructive alternatives? Any third way out of this quandary must come from the political world since court rulings by definition must follow a binary logic of either rubberstamping Macri’s indigestible increases or reverting to an unsustainable status quo. It should not be a mission impossible to come up with a way of updating utility billing which is superior to the complete hash coming from Macri’s team, but this particular public service is nowhere to be found. The courts are showing signs of accelerating their always lethargic timetables to shorten the legal limbo surrounding the definition of gas pricing, but it should never have depended on them in the first place — this issue has always been a political problem which should have been resolved by the politicians. Much the same situation applies today — Macri deserves virtually all the criticism he is receiving and more but the opposition should also be showing the way ahead out of this predicament since going back to the absurd subsidy mountain is not an option.

Source: Bueno Aires Herald July 20, 2016 03:10 UTC