“Es un autogol”: Joseph Ramos culpa al diseño del IVA a viviendas por freno económico

The economy has been contracting for months, and Joseph Ramos offers a straightforward explanation: the design of the VAT reduction for new homes has incentivized people to postpone purchases and further slowed construction. “It’s an own goal,” says the economist and professor at the University of Chile. In this conversation, Ramos analyzes the decline in economic activity, the impact of rising fuel prices, and expectations surrounding the war in Iran. He also addresses unemployment, questions the cumulative effects of the minimum wage, the 40-hour workweek, and increased social security contributions, and supports greater flexibility in averaging the workday. Furthermore, he criticizes the fiscal cost of employment subsidies and proposes focusing them only on companies that increase their payroll. He also rejects the exemption from social security contributions for senior citizens and warns that any adjustments to pension reform should not become a pretext for abandoning the bidding process for the pool of contributors. A conversation about growth, employment, and the economic decisions that are currently straining the government's strategy. Timestamps / Chapters 00:00 Start 01:22 Is there a risk of recession? Joseph Ramos's Surprise 02:00 Construction stalled and the mistake in the VAT reduction 03:52 Why the economy hasn't rebounded 05:22 The two factors behind the contraction 06:36 Fuels, Iran, and the blow to expectations 07:39 Ramos accuses the government of an "own goal" in the housing plan 08:40 "Production shouldn't have been falling" 09:39 Unemployment: the legacy of the Boric administration 10:47 Minimum wage, 40-hour workweek, and higher labor costs 12:40 Ramos: "The government was overly optimistic" 15:16 Labor flexibility and the 40-hour workweek average 17:14 Corporate tax and permitting: what can boost investment 18:53 Harsh criticism of the employment subsidy 20:50 The possible reduction in the fiscal cost of the measure 21:24 Ramos proposes subsidizing only new Hiring 9:34 PM Criticism of the tax exemption for senior citizens 12:19 AM Pension reform: what to do about the stock tender 12:30 PM Closing Follow us on our social media and at https://www.elmostrador.cl/ Instagram:   / el_mostrador   Twitter:   / elmostrador   Facebook:   / elmostrador   TikTok:   / el_mostrador   #elmostrador #politics #opinion #news #currentaffairs #urgent