Saturday, July 25, 2020

The Wrong Side of Pandemics: US and Argentina - Learning from Uruguay


A global pandemic is a unique opportunity to test social performance and to measure the cost of ideological dogmatism and political posturing.

Donald Trump in the US and Alberto Fernandez in Argentina put their bets on extremes. The former went to extremes to keep the economy "open" in the hope that it would pay off. The latter did the opposite, betting that closing the country indefinitely would abate the virus and give his government votes in midterm elections.



Both populist leaders catered to their Far Right and Far Left constituents blowing ideological whistles like "freedom" not to wear masks or "state protection" to keep people locked and controlled.

Both have failed spectacularly and will probably pay in the coming elections.

Two "long view" lessons:
  1. Reality is not a bumper sticker or a hat. Balance wins in the long run over bluster.
  2. Popularity is ephemeral, mistakes permanent.
Uruguay provides a good example of success based on balancing healthcare with sensible economics and civil liberties.



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