The Economist Advises Lula Against 2026 Re-election Bid
The British magazine The Economist has advised Brazilian President Luiz Inácio Lula da Silva against pursuing re-election in 2026. The editorial, published on October 30, 2023, raises several concerns regarding Lula’s age and the implications of another term.
The Case Against Lula’s Re-election in 2026
The Economist highlights that while Brazil demonstrated the resilience of its democratic institutions in 2025, it “deserves better choices” for the upcoming election. Central to the editorial is the idea that Lula, currently 80 years old, risks the nation’s leadership by seeking a new mandate.
Age Concerns and Health Issues
The editorial states that Lula’s age poses significant risks. If re-elected, he would be 85 at the end of his term. The magazine draws parallels with U.S. President Joe Biden, stressing that political campaigns at an advanced age can lead to unstable governance. It also references Lula’s recent health issues, including a brain surgery in December 2024 due to a fall.
Corruption and Economic Policies
The publication also criticizes Lula’s legacy regarding corruption scandals from his earlier terms, which still affect public perception. Furthermore, the assessment of his current economic policies is mostly negative. The magazine describes these policies as lacking ambition and excessively focused on cash transfer programs.
- The economy has grown rapidly, yet plans remain mediocre.
- Significant focus has been on aiding the poor.
- Tax reforms have been initiated, though business-friendly measures are lacking.
Public Opinion and Potential Challengers
Public sentiment regarding Lula’s re-election bid appears mixed. A Datafolha poll conducted in June revealed that 57% of respondents oppose Lula seeking another term. In contrast, only 41% support his candidacy. Approval ratings for his administration remain stagnant, with only 32% rating it as good or excellent.
On the political right, former President Jair Bolsonaro is noted for attempting to maintain influence through his son, Senator Flávio Bolsonaro. However, Flávio is deemed unlikely to win a competitive election against Lula.
Emerging Alternatives
The editorial suggests that Tarcísio de Freitas, the Governor of São Paulo, represents a stronger potential candidate from the right. Although he has not formally announced his candidacy, polls indicate he is better positioned than others. De Freitas is viewed as a younger candidate committed to institutional integrity.
The Economist concludes that Lula would be doing his country a favor by halting any plans for re-election. This move could strengthen his legacy, something that Biden has not effectively achieved. Ultimately, if Lula remains in the race, the right must regroup to find a candidate capable of addressing Brazil’s political polarization.
