Costly Applause

TL;DR

The suspension of the minimum wage increase decree has reopened a debate on economic sustainability.
Experts believe the increase's magnitude and terms ignore productivity, inflation, and sustainability, risking negative economic consequences.
Reversing the increase is politically difficult, but maintaining it could lead to less formal hiring, more informality, and increased inflation.
The article calls for a serious conversation on stable rules, fostering investment, and creating a fiscal system less vulnerable to short-term decisions.
The responsibility now lies with the incoming Congress to legislate for legal, physical, and fiscal security, and to create a framework that facilitates formalization and rewards investment.
Sustainable wage growth requires increased productivity, competition, education, and business growth, not just decrees.
Achieving high wages and a robust middle class requires consistent policies and certainty, not shortcuts.

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