The enduring popularity of the Morena government, despite growing scandals and infrastructure failures, is directly tied to its social welfare programs. This reliance on clientelist aid creates a severe problem: public resources for these programs are depleted, and national debt has reached its limit. This situation jeopardizes the party ahead of next year's national and local elections, where it could lose control of the legislative agenda and governance in many states. The country needs the resources that Morena has been distributing, which cannot be achieved without increased revenue or, better yet, productive investment. This highlights the importance of the president's recent announcement about her meeting with the CEO of BlackRock and other foreign business leaders to discuss future investments aligned with the Fourth Transformation's economic model. However, Mexico's failure to fully respect the rule of law and guarantee legal security allows investors to claim, with justification, that the country is not a safe destination for capital. The narrative of social justice from the Morena administration, contradicted by its actions, forms a barrier that repels serious businesses. The key issue is legal security, as evidenced by recent controversial constitutional initiatives, such as the proposal to eliminate the principle of 'res judicata' and a pension reform that violates the constitutional guarantee against retroactivity of the law, causing widespread discontent among affected pensioners.
