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Montevideo, March 25th 2023 - 20:54 UTC

 

 

Analysts anticipate 'painful adjustment' for Uruguay if there is a continuity of current policies

Wednesday, December 3rd 2014 - 09:31 UTC
Full article 2 comments

High inflation, relatively weak economic growth and an exhausted growth model are forecasted for Uruguayan president-elect Tabare Vazquez second administration as of next March, according to the latest report from two Capital Economics analysts. Read full article

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  • ChrisR

    There's an old joke about the motorist who, when lost in the country, asked a local how he would get to his destination and got the reply “well I wouldn’t start from here, to be sure!”

    Vasquez will have to think long and hard as to how he can get fiscal probity back into the system and could do worse than row back on “No Money Pepe’s” profligate spending:

    1) after safeguarding those, who by virtue of permanent ill health cannot work, he needs to cancel the “social” giving money to the lazy bastards who have never worked in their lives even at school;

    2) sacking at least a half of the 600,000 (gov. figure) so called government “workers”;

    3) reducing taxes on business by tying it to money flow into the economy (this also reduces the army of tax inspectors);

    4) almost everything that the murdering commie bastard did needs to be reversed, including the ‘pot’ programme. I know we would be stuck with the useless windmills but the start back to fiscal reality would be made.

    The law on abortion must stay despite the moaning of the new ‘Christian RCC’ First Lady. Women’s bodies really do belong to the women, not some deluded twat who happens to be married to the president and thinks ‘god’ exists and she knows better than them.

    He’ll probably croak anyway some way through his term. Stress can be a killer to people of his age. Pepe was the exception: he didn’t GAF.

    Dec 03rd, 2014 - 10:46 am - Link - Report abuse 0
  • Argenfellow

    An intriguing feature of the uruguayan windmills project is its (intended) association with the building of great water reservoirs. Any surplus of Aeolian energy will be used to pump it up into those reservoirs, to increase its level. When extra electric energy is needed, water falls and generates it as in a Hydroelectric plant.
    As a mere conversion of energies scheme, this one (with the unavoidable losses at each step) seems to make sense. COSTS are the enigma. Dr. MAGGI (a well-known lawyer and writer) has already aroused this matter.

    Dec 04th, 2014 - 12:36 am - Link - Report abuse 0

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