▁the ▁fasc ist ▁organization ▁P 2 ▁( to ▁which ▁Su á rez ▁Mason ▁belonged ). ▁Y PF ▁deb ts ▁thus ▁rose ▁ 1 4 2 - fold ▁during ▁Su á rez ▁Mason ' s ▁ten ure , ▁at ▁the ▁end ▁of ▁which ▁in ▁ 1 9 8 3 ▁the ▁company ▁recorded ▁a ▁US $ 6 ▁billion ▁loss . ▁ ▁The ▁ 1 9 7 6 ▁coup ▁us her ed ▁in ▁what ▁would ▁become ▁the ▁cost liest , ▁most ▁consequ ential ▁wave ▁of ▁cor ruption ▁in ▁Argentina ▁up ▁to ▁that ▁point . ▁The ▁Econom y ▁Minister ▁during ▁most ▁of ▁the ▁dict ator ship , ▁José ▁Alfred o ▁Martínez ▁de ▁H oz , ▁advanced ▁tw in ▁anti - l abor ▁and ▁financial ▁der eg ulation ▁policies ▁that ▁interrupted ▁industrial ▁development ▁and ▁up ward ▁social ▁mob ility ▁while ▁sharp ly ▁increasing ▁the ▁nation ' s ▁deb t ▁bur den . ▁Indust rial ▁output ▁thus ▁fell ▁by ▁ 2 0 %, ▁real ▁w ages ▁by ▁at ▁least ▁ 3 6 %, ▁and ▁the ▁public ▁deb t ▁so ared ▁from ▁US $ 8 ▁billion ▁to ▁US $ 4 5 ▁billion ; ▁by ▁ 1 9 8 3 , ▁interest ▁charges ▁alone ▁reached ▁US $ 6 . 5 ▁billion , ▁creating ▁a ▁balance ▁of ▁pay ments ▁crisis ▁that ▁weak ened ▁the ▁economy ▁for ▁years . ▁ ▁While ▁chron ic ▁budget ▁def ic its ▁( ex ac erb ated ▁during ▁the ▁dict ator ship ▁by ▁growing ▁tax ▁ev asion ▁and ▁military ▁sp ending ) ▁account ed ▁for ▁around ▁half ▁the