As a Brazilian I can say this article is full of misinformation regarding current political events. The "coup" allegations are nothing but ridiculous. What kind of coups is done with ample defense opportunity and full validation of the Supreme Court? There's nothing flimsy about the fiscal fraud committed by the soon to be former president. And while this is not being considered for the impeachment process (because i…
I like how in Brazil the ones that really suck in Brazil tits are the riches, but their sons keep coming here in HN to Tell that the problema is the expending with the poors.
To be fair, they got in power mainly because of the economical disasters generated by the neo-liberal governments in the nineties and early 2000's. Argentina was led to the worst crisis in its history. So, most people here are really tired of the political class, both left and right being perceived as equally corrupt. Yes, there are fanatical groups that support one or the other, but the vast majority just vote for t…
That's exactly the opposite of the history in Brazil. In the 8 years before PT took power, the country finally had stable economics, decreasing unemployment and increasing income levels.
The previous government had unemployment of 8.3% in its first year and 11.7% in its last year (and 12% inflation). PT was voted into power for a reason.
As another Brazillian, let me offer an attempt at a more distanced take on the matter. Roussef's impeachment proceedings are motivated by alleged budget manipulation. I don't think there are many who would say the maneuvers in question were 100% kosher, but the question of whether it is a sound basis for impeaching an elected president is not a simple one. Renowned legal scholars differ on this point. In particular,…
I am not an economist, but it seems to me that Brazil's economic woes originated in the private sector. It simply became too leveraged in the boom years of Lula's government and couldn't handle the aftermath of the 2008 crash. Dilma, on her part, gave in to the austerity camp (both left and right can't seem to give up this mentality) and made matters worse. In part, this was driven by inflation fear mongering by the…
She only gave in to "austerity" after the federal government financial situation became unsustainable. Even then, the spending cuts were minimal.
The economy was already slowing down in 2011, and Roussef's government lowered interest rates and started giving subsidies to certain sectors and companies in order to stimulate economic activity. Some economists said this was a bad idea with potential disastrous consequences considering the global slowdown that was happening. IMHO, they were spot on. The private companies that went under since then were mostly the ones that were financed by public money. It was a failure of cronyism.
As a Brazilian I can say this article is full of misinformation regarding current political events. The "coup" allegations are nothing but ridiculous. What kind of coups is done with ample defense opportunity and full validation of the Supreme Court? There's nothing flimsy about the fiscal fraud committed by the soon to be former president. And while this is not being considered for the impeachment process (because i…
I like how in Brazil the ones that really suck in government tits are the riches, but their sons keep coming here in HN to Tell that the problema is the expending with the poors.
I didn't get this from the parent post at all. How is giving taxpayer money to rich artists spending with the poor?
Perfect reading and reproduction of the market-fundamentalist-pamphlet! Who are you to call anyone brainwashed? Talking in truisms, uncharitable to any disagreeing point of view, turning anyone who opposes your points of view into caricatures. Give me a break.
It's funny how idiots here in Brazil thinks that the neoliberalism BS is a serious econômica thesis. Parent post probably studied in a federal university, but hates "big bad state".
Well I think the biggest problem is that we're not really used to reading and trying to understand stuff more deeply, and debating etc so we need simple truths to cling to and for quite a long time there was something homogeneous here, everybody had the same information, everybody watched Jornal Nacional and Novelas, etc. But when you start to read and honestly try to develop understanding of stuff you need to deal with conflicting ideas without cracking lol, and you start to see it's a lot of work and it takes time... But this shouldn't be something for "college people" only, it should be for everyone(and I'm not one of the humanities or who is from the universities). But now we're getting anti-intellectual like the US...
That's exactly the opposite of the history in Brazil. In the 8 years before PT took power, the country finally had stable economics, decreasing unemployment and increasing income levels.
The previous government had unemployment of 8.3% in its first year and 11.7% in its last year (and 12% inflation). PT was voted into power for a reason.
But compare that to the years before the government.
The previous government had unemployment of 8.3% in its first year and 11.7% in its last year (and 12% inflation). PT was voted into power for a reason.
But compare that to the years before the government.
It's funny how idiots here in Brazil thinks that the neoliberalism BS is a serious econômica thesis. Parent post probably studied in a federal university, but hates "big bad state".
Well I think the biggest problem is that we're not really used to reading and trying to understand stuff more deeply, and debating etc so we need simple truths to cling to and for quite a long time there was something homogeneous here, everybody had the same information, everybody watched Jornal Nacional and Novelas, etc. But when you start to read and honestly try to develop understanding of stuff you need to deal w…
I'm sorry, but I can't see how being pro free markets is being anti intellectual. Using myself as an example, I used to believe government intervention was usually a good thing if done right. But then this whole mess happened in Brazil and I started to actually study economics to understand what was going on, and that changed my view completely.
I am not an economist, but it seems to me that Brazil's economic woes originated in the private sector. It simply became too leveraged in the boom years of Lula's government and couldn't handle the aftermath of the 2008 crash. Dilma, on her part, gave in to the austerity camp (both left and right can't seem to give up this mentality) and made matters worse. In part, this was driven by inflation fear mongering by the…
She only gave in to "austerity" after the federal government financial situation became unsustainable. Even then, the spending cuts were minimal. The economy was already slowing down in 2011, and Roussef's government lowered interest rates and started giving subsidies to certain sectors and companies in order to stimulate economic activity. Some economists said this was a bad idea with potential disastrous consequenc…
Exactly, austerity was applied only on the demand side (social spending and infrastructure), but the problem was precisely the demand side. The private sector didn't need more loans or tax cuts, they needed customers and profits.
Well I think the biggest problem is that we're not really used to reading and trying to understand stuff more deeply, and debating etc so we need simple truths to cling to and for quite a long time there was something homogeneous here, everybody had the same information, everybody watched Jornal Nacional and Novelas, etc. But when you start to read and honestly try to develop understanding of stuff you need to deal w…
I'm sorry, but I can't see how being pro free markets is being anti intellectual. Using myself as an example, I used to believe government intervention was usually a good thing if done right. But then this whole mess happened in Brazil and I started to actually study economics to understand what was going on, and that changed my view completely.
Economics is not the only issue at play in this whole thing, there's a lot more. This talk of "state worship", "school indoctrination", plus the all sorts of mcarthism, left-dehumanizing(also important to note: center-left) and etc is 100% pure authoritharianism. If you're capable of being charitable to different arguments, seeing the nuances, recognizing the valid points someone from another point-of-view can provide and etc it's one thing but there's a lot of people that are way over the edge.