Luis Espinosa Goded: Ecuadorians, Not Criminals, Pay for Narco War (Spanish)
Luis Espinosa Goded\u2014a Spanish professor of economics at San Francisco University of Quito, Ecuador\u2014explains how citizens and private businesses will pay a high price for the government's conflict with narcoterrorists. Curfew impositions, reduced mobility, and narco extortion are already some ways in which individuals\u2014rather than the state or the narcos\u2014are suffering from the escalating conflict that has inflamed the nation.\xa0\n\nFor Espinosa Goded, Ecuadorian President Daniel Noboa\u2019s strategy of a higher value-added tax to purportedly finance the war against narcos hurts citizens instead of criminals. Noboa could have instead tightened government spending elsewhere to free up taxpayer resources. Espinosa Goded highlights that the Ecuadorian economy is in a dire situation, so the tax increase is a blow to businesses and individuals who cannot afford it.\xa0\n\nShow notes: https://impunityobserver.com/2024/02/28/luis-espinosa-goded-ecuadorians-not-criminals-pay-narco-war/