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Marina pledges to restore Brazil credibility and limit spending below growth rate

Saturday, August 30th 2014 - 11:49 UTC
Full article 7 comments

Opposition presidential candidate Marina Silva said that Brazil's recession is very worrying and her government would work to restore the credibility of the country's economic policies to recover investment and growth if elected. The Brazilian economy fell into recession in the first half of the year, a heavy blow for President Dilma Rousseff's already diminishing hopes of winning re-election in October. Read full article

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  • cornelius

    Never, once the country have the welfare establish the recipients of welfare feel it is their right to have the free check every month so they can have more useless babies for the second generations of useless citizens that will vote for more welfare to perpetuate the regime.

    Aug 30th, 2014 - 12:11 pm - Link - Report abuse 0
  • ilsen

    She sounds good, but is it just talk? Will she/can she put her words into action?
    Any thoughts on this?

    Aug 30th, 2014 - 12:58 pm - Link - Report abuse 0
  • The Chilean perspective

    Just talk. You can never trust a socialist, period.

    Aug 31st, 2014 - 01:49 am - Link - Report abuse 0
  • ChrisR

    So she is not going to spend more money than the growth rate? That will be a damaging policy for sure.

    AND, she is going “to put a price on greenhouse gas emissions and implement a national carbon market if elected”. Great! More money for Gore.

    Restrict growth and tax industry for nothing. We call that a “double whammy” where I come from.

    Brazil is still struggling to get out from the effects of corruption at all levels and she thinks this is the way?

    Stupid, stupid woman.

    Sep 01st, 2014 - 01:26 pm - Link - Report abuse 0
  • GeoffWard2

    So, she should spend her way out of her recession ??
    I thought that was Labour's way.
    I seem to remember ...
    ;-)

    Sep 02nd, 2014 - 01:42 pm - Link - Report abuse 0
  • Jack Bauer

    While Marina is still a bit of an unknown factor, and time will tell if she is sincere - presuming her policies are good for Brazil and provided Congress allows her to govern - she surely cannot be worse that the PT. The problem with the PT is their communist ideology, and if they had their way, Brazil would be a continental-sized Cuba. When I say “provided Congress allows her to govern”, I refer to the PT congressmen, who, when opposition, historically and systematically voted against everything that was good for the country, only for the sake of making the government's life difficult. One example, they voted massively against the Plano real in 1994, not because they thought it wouldn't work, but because it was not their idea and they would not be able to claim credit for it. There are other examples, one of which surprisingly enough, is the fact that they were against the various social programmes implemented during FHC's mandates, claiming that they were just a way to buy votes....just look at the “Bolsa Família” today...it has indeed been transformed into an instrument to gain votes.

    Sep 02nd, 2014 - 05:33 pm - Link - Report abuse 0
  • ChrisR

    @ 5 GeoffWard2

    Geoff, after your years close to the UK government, I am sure you know better than me that funds exist in the UK to support British Business in financing exports and in guaranteeing payments arrive from foreign entities.

    Without support like that export opportunities have to be missed and growth is reduced accordingly. What New Labour did was to throw money at the areas having more New Labourites irrespective of whether the money actually achieved anything. Does Northern Rock ring a bell?

    And I did see the ;-) !

    Sep 02nd, 2014 - 07:51 pm - Link - Report abuse 0

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