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1) "You never want a serious crisis to go to waste," Rahm Emanuel famously observed in 2008. President @mauriciomacri has never had that tool. As Marcos Peña frequently observed in the days of gradualismo: #Argentina had to "salir del populismo económico sin crisis."
2) I mention this because many detractors dismiss the nature of @CFKArgentina's silent economic crisis as an excuse for a #Cambiemos government that simply didn't have the political chops, or Peronist corporatism, to liberalize the kirchnerista economy.
3) Perhaps, but it's always worth recalling that the backdrop to President Menem's 1989 inauguration was hyperinflation, and that crisis, as much as Menem's skillful managing of what Sebastián Etchemendy calls the “politics of compensation,” explains his successful marketization.
4) Finally, Menem's initial liberalization push did not run roughshod over organized labor, preserving the overall structure, and retaining the obras sociales.
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