Politics · Other · 2 hrs ago

Spain’s PSOE faces questions over gains for ordinary workers

Spain’s PSOE faces questions over gains for ordinary workers

The PSOE has led Spain’s governments for about eight and a half years, with support from several parties to its left.

The piece assesses the period from 2018 to 2026, noting that Spain’s economy grew, but gains in income per person lagged some euro-area countries.

It also says the tax burden rose from 39% to 43% of GDP, while the average budget deficit remained 3.1% outside the pandemic years.

Using a metalworker and a Barcelona hotel cleaner as examples, it argues their income after inflation and taxes fell by 2% to 3%.

For renters, it says housing costs cut their buying power by about 8% in the example it gives.

The piece links pressure on wages and rents partly to Catalonia gaining more than 700,000 residents, which it says contributed to economic growth.

It argues the left is leaning more on warnings about the right than on its record, as Spain approaches elections on the 29th; the piece does not specify what will happen after the vote.

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