that “monster” that not even Draghi wanted to stop – Il Tempo

that “monster” that not even Draghi wanted to stop – Il Tempo
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Gianluigi Paragone

April 26, 2024

In a country where a bank – Intesa – grants parliamentarians the incredible interest rate of 5.6250 on the liquidity well kept in their current accounts without this causing scandal (other than Scurati, censorship and similar boasting), it happens that within a few months the government will discover that we have a scary monster at home, a monster that apparently devours everything and destroys the future of Italians: the Superbonus. The ghostbuster of this monster is called Giancarlo Giorgetti. I’m sure he’s right, but I ask: where did this monstrous creature come from? From the depths, it seems. The real underdog is the 110: no one saw it coming. It’s a bit like the Chanel perfume that embarrasses Piero Fassino: we found it in our pockets without wanting to, our hands were busy, we were on the phone. In short, we didn’t realize it until the guards arrived and pinched us. Forcing us into the most imaginative justifications. «We can’t have castles renovated for free», or: «There are too many cheaters, thank goodness we stopped it» (then prepare to stop the Pnrr projects too because it seems that the scams discovered so far are only the tip of the iceberg) .

The Superbonus is a monster that over time will become a boulder for Italian public finances, so we will have to cut here and there, perhaps cut pensions a little and give Europe the sops it asks for. «All because of those who renovated the castles and rebuilt the villa for free», the narration is perfect. I only have one question: was it possible that no one had noticed this terrible new species making its debut in political creation? Is it possible that now it’s just Conte’s fault? Is it possible that now everyone distances themselves from 110? Yet this monster has practically passed through the hands of all parties (except Brothers of Italy): had no one noticed the multiplier effect? Could no one have guessed that stopping him suddenly would have the same effect as someone traveling on the motorway at 129 km/h (therefore respecting the law, exactly like with the Superbonus) who is suddenly hit by a Polstrada patrol? Nobody, so much so that not one person during the election campaign had preached the end of the Superbonus.

“Okay, but parties are what they are,” you might reproach me. We know them. Let’s put it this way: the parties, more or less, preferred to see the multiplier effect on the GDP without dwelling too much on the additional cost. But Mario Draghi, sorry? The last government of the last legislature was presided over by a former central banker, by a man who goes around the world preaching the difference between good debt and bad debt, by a gentleman who trained at the Treasury Ministry: not even the Did the man of Providence with full powers at his disposal realize that we had such an omnivorous monster in our house? «Yes, he had noticed it, in fact he wanted to stop it». Yes, but he didn’t do it. He only changed it about twenty times in the face that no rule should be more certain than the fiscal one. «Draghi didn’t stop him because he also wanted the votes of the Five Star Movement to become president of the Republic», is what almost everyone says. Perfect, then it means that even the ambitions of the man of Providence were more important than the infamous public debt, and therefore the good of the country. In short, everything is relative. A bit like the interest that Banca Intesa gives to Italian parliamentarians.

 
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