Mario draghi


In these sweltering summer days, when yet another crisis involving the government is unfolding, it would be fascinating to conduct an investigation into one of the factors that led to a division among the majority. Beyond the scope of merely electoral considerations, the chasm that has opened up between the needs of the nation, which is in the midst of yet another crisis, and those of a political class that is becoming increasingly similar to the demands of corporations that are removed from common feeling has reached a point where it is impossible for me to go back.


Two and a half years after the beginning of the coronavirus pandemic, just at the moment when we hoped for a very modest recovery, a series of events that will show concrete economic repercussions in a few months have arrived to further shift the balance: the war in Ukraine and the consequent gas crisis, the galloping inflation that is eroding salaries, already very low compared to the European average, and the savings of Italian citizens, and, last but not least, the effects of the effects All of the factors that run the risk of dragging the nation into yet another phase of severe recession, which will make the upcoming fall season very heated from a social perspective.


At a press conference, Giuseppe Conte announced that the M5S would not vote in favor of the Aid Bill in the Senate. He stated that "Following our document, yesterday President Draghi convened a table in Chigi with the social partners, with the trade unions to address some of the most urgent issues that we have indicated: precariousness, minimum wages, and an extraordinary support plan for families and businesses." The line that was prescribed by the former Prime Minister, on the other hand, is not that different from the one that was offered for Mario Draghi, who served as the former president of the European Central Bank, two and a half years ago, in the middle of the first day of March 2020.



In a very lengthy speech that was published by the Financial Times in March of 2020, Draghi stated that "a deep recession is inevitable." He went on to say that "the role of the state is precisely that of using the budget to protect citizens and the economy from the shocks that the private sector is not responsible for and cannot absorb." During times of national emergency, states have consistently taken this action.


The former head of the European Central Bank took a stance that was crystal clear and put all of the countries that make up the European Union on the precipice of a paradigm shift by calling into question what had been the foundation of Brussels' economic policy up until that point: austerity at all costs. When Mario Draghi was appointed prime minister, however, he discovered that he was required to submit to the requests of this or that other party that make up this convoluted majority of the government of national unity. As a result, Mario Draghi was unable to put into place any of the significant reforms that are necessary for this country.


The issue that has to be answered is: where did that Mario Draghi go who, swimming against the current, had cleared the path for a type of fresh New Deal, deeming it crucial for economic recovery? Why have the only actions that have been authorized in recent months been one-time bonuses that are completely pointless in light of the impending crisis? Because there is no will to work on structural reforms that can change the future prospects of those citizens who have survived for years despite being crushed by precariat, deprived even of the possibility of imagining a different and better future, made up of opportunities rather than just economic constraints? Because there is no will to work on structural reforms that can change the future prospects of those citizens who have survived for years despite being crushed by precariat? 


The only question that should be asked of the Draghi administration at this point is the one and only one that follows: what are they willing to do to actually alleviate the horrors that this umpteenth crisis will bring, to safeguard young people, families, and citizens? If there is a clear and convincing response to these issues, then the legislature should maintain its current course of action until the end of its term by default. But if he doesn't, then we have to ask ourselves whether he is indeed the savior that we believe we so urgently need. Or maybe what we want is a political elite that is less incompetent and more attuned to the challenges and requirements of individuals who really live in the nation on a day-to-day basis. Therefore, is he truly the rescuer that we believe we so urgently need? Or maybe what we want is a political elite that is less incompetent and more attuned to the challenges and requirements of individuals who really live in the nation on a day-to-day basis. Therefore, is he truly the rescuer that we believe we so urgently need? Or maybe what we want is a political elite that is less incompetent and more attuned to the challenges and requirements of individuals who really live in the nation on a day-to-day basis.


The author Charlotte Matteini is an Italian columnist.

Copyright: TODAY

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