MercoPress. South Atlantic News Agency
Brazilian economy eroding Rousseff’s support, but remains favourite for 2014 election
Brazilian President Dilma Rousseff's approval rating fell for the first time since her term began in January 2011 as concern about inflation and sluggish economic growth grew. Rousseff's presidency was rated as “good” or “excellent” fell to 57% from 65% in the previous poll. Read full article
Comments
Disclaimer & comment rulesThe difficulty for Dilma is simple: her avowed adherence to some perceived ‘new’ economics theory is leading the country into problem areas.
Jun 10th, 2013 - 01:43 pm - Link - Report abuse 0This is not helped by the retention of the liar Mantega as Finance Minister who lost all of whatever credence he had when he lied to the international investment community last year and caused financial losses for those who took his word.
Liars in Argentina’s government are to be expected but I would have thought the rest of SA could see for themselves where that got them: nowhere.
It is to be hoped that Dilma does not start panicking over her fall in favour and messes with other areas of the economy in order to ‘shore up’ her support: polls and elections are two different animals.
I was hoping that Marina Silva had more support than 16%.
Jun 10th, 2013 - 03:23 pm - Link - Report abuse 0Dilma´s policies of free market economy with social inclusion will win her the next election, it´s normal to have a drop in support especially a year before the elections but when the time comes the people will vote for stability & not for the unknown!!!
Jun 11th, 2013 - 01:09 pm - Link - Report abuse 03 manchesterlad
Jun 11th, 2013 - 03:28 pm - Link - Report abuse 0I am intrigued how you can have a free market AND social inclusion.
What Brasil has is a wanabe Big Girl economy (Dilma thinks). 'Fix' the market for loans to the deadbeats by making the banks loan beyond due diligence (shades of the two Fanny's) in order to encourage consumption WHILST subsidising failing technologies (in their present for) such as sugar ethanol, etc, etc.
The result is all too predictable: rising inflation and collapsing international funds for the desperately needed infrastructure.
But yes, she will get in and she deserves to in my view. Far, far better than the crook who preceded her.
@3:
Jun 11th, 2013 - 03:35 pm - Link - Report abuse 0Dilma's policies are strongly centralising and interventionist. There are no elements of the free market in them. Their results have been predictably disastrous and nefarious, and so by no manner of means does she represent stability. If you feel like talking about my country, please take some time to learn what is actually going on in it.
Dilma is going to win, place your bets.
Jun 11th, 2013 - 05:52 pm - Link - Report abuse 0Free markets? Free markets for the corporations? Since when can corporations “regulate” them self? Oh wait, that's why they need “bailouts”..right?
Anyway, Brazilian states, municipalities and Federal government are already working on “tax reform”, but they should just speed it up. That country needs more investments (mainly infrastructure), include from the private sector from overseas. That country does indeed needs more immigrants, qualified / educated immigrants. It's already doing that, but needs to improve the processing of papers because this is a good time for them to find them.
http://www.csmonitor.com/World/Americas/2013/0328/Brazil-In-the-market-for-millions-of-immigrants
@4
Jun 11th, 2013 - 10:31 pm - Link - Report abuse 0The US, Canada & most of Europe will argue that they have free market based economies with social inclusion, essentially it's a Capitalist government with some form of welfare state although in reality all countries have some protectionist policies to defend their national interests
@6
Although I don't profess to be an expert on Brazil's economy I do hear a lot from this side in BsAs. The results speak for themselves, 6 th largest economy in the world, GDP of 2.3 trillion dollars, reserves of 377 billion, some of the biggest multi-nationals in the world like Petrobras, Vale, Itau & Embraer & inflation at around 6%, high for the G8 but low for S.America
If this is the result of centralization & interventionism, then we should all be following suite!!!
http://en.mercopress.com/2013/06/10/brazilian-economy-eroding-rousseff-s-support-but-remains-favourite-for-2014-election#comment253908: We used to follow suite but begin in the Regan administration we diverged - with the inevitable result of the Great Recession.
Jun 12th, 2013 - 04:01 am - Link - Report abuse 0Commenting for this story is now closed.
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