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2007 -
February 2007
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Written by Carlos Chagas
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Thursday, 01 February 2007 10:08 |
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Brazil's just-announced Growth Acceleration Program is a plan for the elites, aiming at their economic growth and that of the country. And everything is presented in a much more complicated economese than the one used by late economist and Planning Minister Roberto Campos. After all, for Brazil to grow, banks will be able to buy, in auctions, the INSS (Social Security) benefits' payroll.
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- As to the 4,25 % surplus, it is BEFORE interests. KNOWING HOW generous are your interests rates despite all the recent cuts,
the real surplus after interests...IS A REAL DEFICIT....still today and for the foreseeable future. Afterall Brazil has still the world highest interests rates....after inflation ! No one beats you there, absolutely no one.
- As to the tax reductions, it is good. Not only Brazil has one of the world highest overall tax rate, VERY LITTLE is returned to the society in healthcare, education and infrastructure.....contrary to countries with similar rates.
- Technically, the least the government has money, the least can be stolen through corruption from your criminal politicians. . But no one should doubt that there always will be enough money....FOR THEM.....and guaranteed...NOT for the 90 % of the population. You will continue to struggle....guaranteed too...for eternity !
IS BRAZIL NOT A FIEFDOM controlled by 2 groups...the legal criminals and the illegal criminals ????
And the 90 % of the population not in one of these groups.....are simply their slaves !
No doubt that you will continue to PAY !