Inflation and unemployment confirm Brazilian economy overheated

Thursday, April 21st 2011 - 06:25 UTC

Full article 7 comments

March inflation in Brazil accelerated to its fastest rate since November 2008, driven by food, beverages and fuel prices. Consumer prices as measured by the IPCA-15 index rose 6.44% in the year through mid-April, the national statistics agency announced Wednesday in Rio do Janeiro. Read full article

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GeoffWard
A Government-registered job is not a 'new' job. It might be, but it might not be.
It might be simply moving a worker from the black economy onto the company books so that he can be declared for taxes (- and, of course, he will receive significant state benefits).
So the company has to pay more, the company pays more in taxes/overheads, the worker pays taxes, and the government increases its monthly tax revenues.
In theory this should produce better services for the community, but all the man in the street sees is 'service nett of deductions' - frequently no improvement at all.
Apr 21st, 2011 - 12:41 pm - Link - Report abuse 0
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Fido Dido
Geo, rather then bitching, you should run for office.
Apr 21st, 2011 - 12:58 pm - Link - Report abuse 0
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GeoffWard
Been there, done that.
Where & when I served there was no salary attached;
people were elected to the posts and performed their tasks as a civic duty alongside to 'day-job'.
Apr 21st, 2011 - 02:06 pm - Link - Report abuse 0
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Fido Dido
“Been there, done that.
Where & when I served there was no salary attached;
people were elected to the posts and performed their tasks as a civic duty alongside to 'day-job'.”

Yeah right. Where, which state? You are a foreigner correct? That's what you admitted.
Apr 21st, 2011 - 07:10 pm - Link - Report abuse 0
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Forgetit87
GeoffW's knowledge of the issues he discusses is reversely proportional to his will to whine.
Apr 21st, 2011 - 10:32 pm - Link - Report abuse 0
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GeoffWard
#4 & #5
Putting freely of time and effort to your community is one end of a spectrum which, at the other end, corruptly takes from the system every wad of money on offer.
You could try the former in your countries like I did in mine.
Apr 22nd, 2011 - 01:37 am - Link - Report abuse 0
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Fido Dido
“You could try the former in your countries like I did in mine. ”

the words, Like I did in mine, where is that?

If it's the US, here..something from home what will make laugh.
http://www.youtube.com/watch?v=I0mhX9hpq3g&feature=player_embedded
Apr 22nd, 2011 - 06:09 pm - Link - Report abuse 0
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