Why Uruguayans rejected a government splurge
Thank strong parties, sensible leadership and a scary neighbour
Would you like to retire five years earlier than planned with a fatter pension? Governments do not normally put such tempting questions to voters directly, for fear that they will merrily opt for jam today and disregard the disastrous fiscal consequences for tomorrow.
This article appeared in the The Americas section of the print edition under the headline “Jam tomorrow”
From the November 2nd 2024 edition
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