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Fall of the BRICS
Dilma's Dilemma

The Latin left is running into trouble pretty much everywhere. It’s been months now of sustained lefty meltdown across Latin America as Venezuela, Argentina, and Brazil have all struggled with unrest and economic deterioration. Now public support for Brazil’s government, led by President Dilma Rousseff, is dropping to new lows. Pew’s last data on Brazilians’ attitudes toward their country and the Rousseff government are bleak:

 A new survey by the Pew Research Center finds that 72% of Brazilians are dissatisfied with the way things are going in their country, up from 55% just weeks before the demonstrations began in June 2013.

Opinions about the national economy have changed even more dramatically over this one-year period. Two-thirds now say Brazil’s once-booming economy is in bad shape, while just 32% say the economy is good. In 2013, the balance of opinion was reversed: a 59%-majority thought the country was in good shape economically, while 41% said the economy was bad. […]

Clear majorities disapprove of the way the president is dealing with all nine issues tested: corruption (86% disapprove), health care (85%), crime (85%), public transportation (76%), foreign policy (71%), education (71%), preparations for the World Cup (67%), poverty (65%) and the economy (63%).

One lesson this story suggests: flashy attempts to bring in tourists (by, say, hosting the World Cup or the Summer Olympics) don’t make up for years of bad policies and structural deficiencies. If Brazil wants to recover and thrive, it should break with its socialist comrades in Venezuela and Argentina and look to Latin America’s smarter powers. More competitive, business-friendly countries like Mexico, Peru, Chile, and Colombia are on the rise in the region and have even formed a trade partnership to help continue their growth.

I hope you’re taking notes, Dilma.

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  • Pete

    Good advise

  • PKCasimir

    The author may wish to review Dilma’s history and background before he starts making recommendations to her that she split with her socialist past. Dilma is not just a “committed socialist” but an ardent Fidelista. Brazil is financing at least $1 billion in projects in Cuba while Brazil remains starved of foreign investment. Recently Dilma decided to pay for thousands of Cuban doctors to assist the healthcare needs of Brazil’s poor, at an estimated cost of $520 million and up per year and the political price of Brazilian physician guilds’ wrath. This is a step that not even Lula had dared to implement in his two mandates. The Press likes to call these Cubans “doctors” when , in fact, they are nowhere near as well trained as the average US nurse.
    Dilma is what she is, an ardent Cuban style revolutionary.

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