Mauricio Macri is the new political scion in Argentina. But how does he plan to tackle the country’s pressing inflation problems, if Macri did come to power? What does he have to offer voters?
In Argentina, the mayor of Buenos Aires, Mauricio Macri, is busy with newfound hopes of becoming the country’s next President. With a campaign that is passionate, Mauricio keeps flashing his campaign team – his personalized edition of a countdown clock – he is counting down the days until there is change in Argentina. Political parties held primaries early last month and Macri was selected to represent Propuesta Republicana (PRO) as their presidential candidate.
The elections are due on October 25th and Macri is considered by many to be the frontrunner in presidential polls. His campaign boasts slogans, such as “Let’s change!” – it is an electoral front, which consists of his party and two separate parties. The remaining contestants have been really disappointing, such as the person they put out to front the current President, Cristina Fernández de Kirchner’s party for Front for Victory (FPV).
In choosing, the former Vice President when her husband Néstor Kirchner was still alive and the President, the party has chosen to place their trust in an unlikely candidate. As charismatic as Néstor has been, it is shocking to see his Vice-President now contest for the elections in Argentina. It is indeed time to turn the page in Argentina, and Macri is just the person to do it all. The primaries were introduced by Cristina in 2009 and it was one of the most profound political reforms, according to the President, since democracy came back to the country in 1983.
The election is running on a tidal wave of amending kirchnerismo (a Peronist populism, running in the country since Juan Domingo Perón introduced it) practiced successively by the Kirchner dynasty – how extraordinary! Macri comes from a business background, who created his centre-right party all by himself, by placing himself diametrically opposite the Kirchner political spectrum.
Macri wants to make institutions independent that the President has made a collaborative effort, and these institutions include, judiciaries and the statistics agency, as well as removing trade barriers, which could mean for economic liberalization, and currency controls that were put in place to deal with rising inflation. There is also the rising pressure to agree to talks at least, and then hopefully an eventual agreement over holders of foreign debt, that Argentina has defaulted.
Macri has also affirmed in the negative on his plans to privatize the state airlines YPF that is always losing money, or overturn nationalization efforts of companies by the state that fell on an important oil company in Argentina. The country has benefited from a fund surplus that the government has spent on benefits, government jobs and subsidies. But Macri is not against this idea that Cristina saw through during her tenure in parliament: he believes that welfare subsidies will not be slashed in half and government workers will not be losing their jobs, in large throngs. All of those electoral promises sounds very promising for Argentina.