Analyzing the New Administration's Challenges

The new president, Claudia Sheinbaum, faces significant challenges in improving Mexico's economy, which worsened under AMLO. Key strategies needed include fiscal reforms and reducing crime control.


Analyzing the New Administration's Challenges

The president and his team reflect their level of honesty. If the leader is honest, it is most likely that his collaborators are also honest, in contrast to a corrupt president whose officials often engage in illicit acts. When analyzing the previous administration, it is crucial to determine whether it leaned towards honesty or corruption, as well as to assess the state of economic variables such as inflation, devaluation, interest rates, public debt, and the migration of Mexicans to the United States. Unfortunately, under AMLO's government, all these macroeconomic variables worsened. The current president, Claudia Sheinbaum, inherited a more deteriorated situation than her predecessor. Without implementing significant changes, the economic situation tends to gradually deteriorate. The key is to take measures that lead to a better economic scenario. The honesty of rulers begins with the highest authorities. Therefore, correcting past decisions, such as the interference in the independence of the Judiciary, lays the groundwork for strengthening democracy. In this sense, Claudia Sheinbaum faces the challenge of making decisions that lead to economic growth. Choosing policies similar to those previously managed will produce similar results. To achieve a positive change, it is necessary to implement concrete actions that set a different course and correct mistakes. With a series of specific measures, Sheinbaum could pave the way for more favorable expectations. Among the potential corrective actions are reducing the budget deficit by decreasing public spending, lowering tax rates, simplifying procedures for starting businesses, combating the influence of organized crime, attracting foreign investment, and relaxing labor regulations. These changes could have a positive impact on the Mexican economy and the quality of life of its citizens.