Reformlessness Debt: Conceptual Innovation by PM Sipilä

A new political concept emerged today. Uudistamattomuusvelka. My immediate rough translation is reformlessness debt. For clarity, we could also say debt due to an accumulated lack of reform.

In my understanding, the concept refers to a metaphorical debt that has accumulated because previous governments have been unable or unwilling to make reforms. To the extent these reforms are necessary, the debt can be considered a reason for making the needed reforms with a bang, in a hurry, today. Continue reading

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