More than 350 economists, among them a Nobel Prize winner, have signed a declaration saying Brazil's frontrunner to be president, far-right politician Jair Bolsonaro, is not the best choice for his country. Read full article
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Economists prefer the 'socialist' candidate? What is the world coming to?Oct 20th, 2018 - 09:38 am - Link - Report abuse 0
...because they are predictable, a safe bet.Oct 20th, 2018 - 12:21 pm - Link - Report abuse 0
Loose Cannon, very far Right and no track record understandably give rise for concern...
@DTOct 20th, 2018 - 12:22 pm - Link - Report abuse 0
REF: What is the world coming to?
To be fair, Bolso does have a track record: of consistently voting against privatisation and the sort of economic policies he's now esposing. He's definitely not a safe bet.Oct 20th, 2018 - 08:47 pm - Link - Report abuse -1
Commie bastard pseudo academics are clueless. Just review their track record prognosticating for more than a fortnight on emerging markets.Oct 20th, 2018 - 11:53 pm - Link - Report abuse 0
These economists are to be commended for raising a voice of reason in a scenario in which beleaguered electors are about to exercise their democratic rights to hand the reins of power to a man who uses democratic mechanisms but despises democracy.Oct 21st, 2018 - 05:04 am - Link - Report abuse -1
Brazilians would be wise to take a look west to see what Argentina's economy has become in less than three years at the hands of a government that are just lactant babies in comparison to Bolsonaro and his thugs.
Most of all, Brazilians should be aware of this guy's track record:
”Bolsonaro has also repeatedly made admiring comments about...Latin American dictatorships (praising) Peruvian president Alberto Fujimori as a role model for his use of military intervention against the judiciary and legislature, noted Wikipedia.
In a 1998 interview...Bolsonaro praised the Chilean dictatorship of Augusto Pinochet, and said the Pinochet regime, which killed over 3,000 Chilean citizens, should have killed more people.
No wonder MP fine intellectuals Chicureo and Chronic have quit commenting on stories about declining Argentine president Macri and are now salivating at the prospects of having Pinochetism and other criminal dictatorships being validated by their newfound Brazilian hero.
Enrique MassotOct 21st, 2018 - 12:07 pm - Link - Report abuse 0
...Chicureo and Chronic have quit commenting on stories about declining Argentine president Macri and are now salivating at the prospects of having Pinochetism and other criminal dictatorships being validated... BULLSH*T!
No, many intellectual MP readers want the Brazilian people to freely democratically elect a new president that THEY think will bring prosperity and security to their nation. None of us, especially those who lived under a military dictatorship would want Brazil to again suffer under that alternative.
What's killing you Enrique is that the majority of the electoral voters are fed up with the corrupt and ineffective previous failed governments. They want change.
@DTOct 21st, 2018 - 01:20 pm - Link - Report abuse 0
REF: Poor Brazil
NOW, is the time for Bolsonaro:
:O))Oct 21st, 2018 - 02:55 pm - Link - Report abuse 0
I love the humor!
Trump cut company profit taxes from 35% to 21%. Result… $13 Trillion extra tax collected!Oct 21st, 2018 - 10:54 pm - Link - Report abuse 0
Reekie live and learn… Socialism/Peronism damages everyones wealth.
If you reduce the tax on company profits from 35% to 21%...Oct 22nd, 2018 - 12:51 am - Link - Report abuse 0
Shouldn't that have yielded 14% less tax collected...?
VoiceOct 22nd, 2018 - 01:54 am - Link - Report abuse 0
Lower corporate taxes in the USA have brought more investment and higher productivity. That 14% reduction has resulted in an enormous increase of GDP, which actually creates more taxes generated instead of less. Calculate the impact of 4 million new jobs.
...intellectual MP readers want the Brazilian people to freely democratically elect a new president... claims Chicureo.Oct 22nd, 2018 - 05:09 am - Link - Report abuse 0
What an hypocrite. This character, who has been justifying Pinochet's coup d'etat, tries to sound now like a tender lamb:
Free democratic election he bleats.
Chicureo, who has also fallen for US president Donald Trump together with sbir Voice, knows this Brazilian election is a masquerade because its most popular candidate has been taken out of the contest.
...the majority of the electoral voters are fed up with the corrupt and ineffective previous failed governments, croaks Chicureo. He does not even think anymore that Michel Temer has been in power thanks to a legislative coup against elected president Dilma Rousseff and is finishing his time in office with almost zero support from citizens.
Shame on these devious characters, supporters of every crooked dictatorial maneuver designed to keep Latin America in the marasm of dependence and under development.
@VoiceOct 22nd, 2018 - 09:37 am - Link - Report abuse 0
No, cutting taxes from 35% to 21% would yield 40% less tax collected if there were no other effects. In fact corporate tax receipts fell by 28.5% in the 2018 fiscal year, from $297 billion to less than $205 billion - but bear in mind the cuts happened partway through the year so we haven't seen the full effects yet.
ALL I want for X'Mas is falling USD & rising Bourses:Oct 22nd, 2018 - 02:48 pm - Link - Report abuse 0
Enrique MassotOct 22nd, 2018 - 03:08 pm - Link - Report abuse -1
It gives me enormous pleasure to see you cry about your Marxists losing their political stranglehold over a populace tired of systemic corruption and rampant crime.
This has nothing to do with Pinochet. Chile has been a free and open democracy since 1990 with a stable economy. During those years we've had both socialist and conservative leaders and maintained a economic path for the poor to substantially advance. My country has the lowest rate of corruption in Latin America. Why don't you leave Canada and visit Latin America for a couple of weeks... You might even open your eyes to reality...
(Haddad} As mayor of São Paulo from 2013 to 2016 he reduced a budget deficit and secured for the city an investment-grade credit rating. But he angered drivers by making more room for cyclists and pedestrians. To poor voters, he came across as aloof and professorial. In his bid for re-election in 2016 he was thrashed.Oct 22nd, 2018 - 08:52 pm - Link - Report abuse -1
@DT/@Voice:Oct 25th, 2018 - 10:06 am - Link - Report abuse 0
@ChicureoOct 25th, 2018 - 06:59 pm - Link - Report abuse +2
You believe you can justify about everything by sticking labels to people.
Unfortunately, calling Lula and his political party Marxists or Socialist Marxists is just a lie.
Let's see a description of Lula as Brazil's president:
”Instead of the drastic social changes he proposed in the past, (Lula's) government chose a reformist line, passing new retirement, tax, labour and judicial legislation, and discussing university reform.
Indeed, all including the business class benefited under Lula's government. The truth is, he worked for a more human Capitalism with a better redistribution of the national resources.
This is what you and similar dinosaurs attempt to tarnish by applying scary labels such as described above. However, you are outdated, stuck in Cold War terminology. You should know that the words that are being used today in replacement are terrorist, corrupt,” etc.
Even backward people need to update their little book.
REF: Bolsonaro, not the best choice for Brazil, say 350 economists in open declaration:Oct 26th, 2018 - 12:20 pm - Link - Report abuse 0
When was the last time; Brazil elected a political party which was The Best for the population?
The Funniest part is that about 15 years ago, a majority of the population went gaga when PT grabbed power. And now; the SAME majority is going gaga over PSL!
In short; NOTHING change and nothing WILL change!
@ChicureoOct 27th, 2018 - 07:55 pm - Link - Report abuse 0
Lower corporate taxes in the USA have brought more investment and higher productivity
It's useless trying to explain the obvious to those who don't have a clue..
@JBOct 28th, 2018 - 10:37 am - Link - Report abuse 0
They've also helped jack up the deficit. There's no such thing as a free lunch.
@DTOct 29th, 2018 - 07:31 pm - Link - Report abuse 0
Deficits are a result of continuing spending at the same rate, with falling revenue...exactly what Dilma did. What do you do in yr household, when yr income decreases, keep on spending or cut back ?
Sure, deficits may have different causes, it's all a matter of national priority, presuming of course, that revenue is falling due to less tax collection 'n not through corruption or lack of confidence in the economy, due to it....on the other hand, agree you cant just look at the cold numbers, but you've got to analyze the overall situation and, without taking decisions based on ideology - a big mistake - a govt should consider the cost of loans, and whether they will pay off, or for themselves....that was never a concern under Dilma, when public accounts went to hell....
The article claims that the economists believe Haddad would uphold Brazilian democracy, the institutions, the rule of law....sounds like a joke. 1st, and what do they have, other than speculation, to say democracy under Bolsonaro is threatened ? more likely to happen under a PT administration, where Lula would be released 'n Foro de SP ideas would resurface ; 2nd, regarding the 'institutions', namely the STF...Eduardo B, in a closed environment joked about closing the STF....but Roberto Requião (ex-governor, ex-senator, PT ally), at a political rally, said that the STF needs to be closed ; Wadih Damous (PT congressman) posted a video calling for the shutdown of the STF ; Lula, in his political rallys also said the STF was dispensable..so much for the institutions ; 3rd, rule of law ? so, just what exactly is the MST, heavily funded during PT administrations (to carry-out it's political mission) ?
These economists signed the letter, so the article continues, to be a counterpoint to the wave of investor enthusiasm that has greeted Bolsonaro's candidacy....how contradictory is that ?
How does Haddad's refusal to privatize, continue w/ the over-generous pension system etc, help Brazil ?
Deficits are a result of continuing spending at the same rate, with falling revenue.Oct 29th, 2018 - 09:58 pm - Link - Report abuse 0
Or cutting taxes while increasing spending, as Trump did. I'd like to know why you don't criticise his economic policy for that, as you do Dilma's. If he thought reducing the corporate tax rate would be good for the economy, he could have increased other taxes to compensate, or cut military spending instead of raising it.
Apparently the economists think B is a bigger threat to democracy etc than H would have been, and so do I. Do you really believe he would free Lula after promising not to? Isn't that also just speculation?
H's plans for the economy don't sound too good either, tbh. I think you were screwed either way.
Did you see there were two more far-right terrorist attacks in America this week? Still think I shouldn't fear these people who stir up hatred with their lies and conspiracy theories, and then disclaim responsibility when someone acts on it? IMO the people who promote those views are as guilty as the imams preaching hate in mosques.