The possible Minister of Economy and Finance in a possible Yamandú Orsi government understands that “you cannot promise what you do not control.”
The economist Gabriel Oddonewho appears to be the favourite to occupy the post of Minister of Economy and Finance In a possible government of presidential candidate of the Frente Amplio (FA) Yamandú Orsisaid that increasing taxes It would be “inconvenient” with the current level of tax pressure.
On Tuesday, in an interview on Channel 5, Oddone warned about the inconvenience of increasing the tax burden, but stressed that this can never be ruled out, since in economics “you cannot promise what you do not control.” Throughout the campaign, the presidential candidate of the National Party (PN), Alvaro Delgadohas stated on more than one occasion that, if he comes to power, he is committed to “not raising taxes.”
“Someone cannot promise what they do not control,” Oddone said in this regard and added: “The last time I Uruguay Someone in an electoral campaign promised something of this caliber was in 1999 when the Colorado Party (PC) said that he was not going to devalue the currency. What happened? There was a set of external shocks that put the Uruguay to the edge of the abyss and led the Colorado Party, which had promised not to devalue, to postpone a devaluation that was important to do.”
In this regard, Oddone explained that the PC postponed the decision to devalue because “our politicians are honest with what they promise during the campaign” and the minister Alberto Bension had been appointed to the post to defend the proposal. “When the time came, the situation became so dramatic that, among many other things, the currency was devalued.”
“I believe it is irresponsible to promise things that one does not control, otherwise one faces this dilemma that the Colorado Party faced in 2000, if I want to be consistent with what I promised, but the economic circumstances changed, I risk that the economic situation generated by not making the right decision will be worse, and if I break my promise, I will undermine the credibility of the economic policy for the next move,” continued Oddone.
Oddone also said that the tax system has “things to review,” but that he would never advise a president to promise that “under no circumstances” will he raise taxes, since “the erosion of credibility with the population is immediate.”
Oddone was in favour of making collective bargaining more flexible
In another order, the economist was close to the idea of making the Salary Tips and use “unhooks” to be able to contemplate the “heterogeneities” present in collective negotiations, between the reality of the companies Montevideo and those of the inside.
In turn, he said that he not only has the idea of deindexing wages, but also prices in the economy. “In this economy what we have are many private contracts that have clauses in which there is a mechanism that triggers an adjustment of the contract, whether it is the exchange rate, or the inflation, We have to work on that because it is part of the indexation of the economy,” he said.
Source: Ambito
