Professor Santos Ruesga

Diana Sanchez 20 m in a context of economic crisis, the CEOE proposes to revise wage increases to curb the crisis, something that unions reject. Many economists agree that applied as a general measure does not help to create employment. The Secretary general of the CEOE, Jose Maria Lacasa, has opened the box of Thunder to consider that we should review the wage increase agreed upon for 2012 in the agreement for 2010-2012 collective bargaining, something that unions reject since they consider that behind that call for moderation, posed for altruistic purposes (weather the storm and save themselves from the crisis) hides the true intention of the Confederation of entrepreneurs: freeze wages. The own Secretary of State for employment, Mari Luz Rodriguez, has criticized this proposal because it is not balanced and that it is one-sided and only asks for sacrifices workers when resignations of all are needed to overcome the crisis. Rodriguez, also recalled that this kind of covenants on wages should be accompany the commitment of employers to reinvest the benefits in job creation. But, what do think economists about a possible freeze or wage moderation? Is it of a measured ctiva in times of crisis? For the Professor of economy applied Jose Maria Dent, of the Universidad Autonoma of Madrid, the wage freeze has a negative immediate cto on consumption and economic growth.

For this teacher already have adjusted enough wages in the private sector in public administration and we must be especially careful with this kind of measures that can curb the growth paths.The austerity policy is as if one put regime to lose weight, explains, but must be careful not to fall into the anemia. And an anemic economy cannot grow to undertake other tasks: consumption, investment and export. Similar opinion shares Professor Santos Ruesga, director Seminar of economy of the Fundacion Ortega y Gasset, for whom a measure as well, in a context of economic recession, but it can technically not be called such, would contribute to prolong a situation of slow growth to just get worse more weaknesses in the Spanish economy: private demand and consumption audiences are paralyzed.

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