Temer defends austerity and claims the program is fostering confidence among investors

Thursday, November 10th 2016 - 11:30 UTC

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Brazilian President Michel Temer reiterated the tough-minded adjustment he has proposed to balance the government's accounts and his support for the private sector's role in the economy, adding that the program is already fostering “confidence” among investors. Read full article

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Jack Bauer
Funny, those that are protesting against the austerity measures, are exactly those that have not read the PEC 241 (Constitutional Amendment Project # 241, and now numbered # 55 while being debated by the Senate) , or if they have, haven't the faintest clue what it's about...the young, inexperienced 15 to 17 year old students of public schools, being manipulated by political agitators from the PT and the PC do B - a fact already proven. As the opposition, they are ideologically opposed to any measure which will improve Brazil's economic situation, first because this important proposal did not come from them (and if it passes it'll be to no credit of theirs), and second, because by betting on “the worse, the better”, they can try to survive until 2018.
Nov 10th, 2016 - 06:24 pm - Link - Report abuse 0
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:o))
The austerity - tightening of belts - is generously restricted to the masses ONLY.

The Brazilian Politicians have too much of excessive salaries, benefits, compensations, rights, etc, etc. which they will NEVER give up - under ANY circumstance!
Nov 13th, 2016 - 01:58 pm - Link - Report abuse 0
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