The Rousseff Two Step
Brazil Sidestepping to the Right
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  • Mark Michael

    The potential boom from offshore oil drilling has not come about, thanks to the red tape, protectionism, insistence on local partners for supplying the big international oil companies. They could have been pumping large amounts of oil and benefiting from that injection into their economy, but their own fecklessness did them in. It’ll be interesting to watch what happens.

    I hope they move towards less statist policies – more free trade, less red tape, less protectionism. Goodness knows, the global economy can use more growth, more trade, given the lingering problems in Europe, the US, Japan from the Great Recession of 2007-09.

  • PKCasimir

    The argument that Ms Rousseff, as committed a Fidelista as there is in Latin America, is moving Brazil “to the right” is spun out of whole cloth. The author fails to recount a single, concrete action that MS Rouseff has taken to move Brazil off of its leftist, statist course. Is Brazil in trouble? Yes, but that doesn’t mean that MS Rousseff will move it anywhere near to liberal western economics, or has any intention of doing so. MS Rouseff may have just traveled to Davos and mouthed platitudes to the assembled select, but while her body was in Davos, her heart, mind and soul were with Fidel in Havana.

    • Right. And I would add that there´s always a terrible inertia of special interests and corruption that traps a government once they start intervening heavily in the economy. There are many corporations aligned to the PT party, the ones getting the huge construction contracts, they pull the leftists forces even farther to the left, corruption takes residence. The only way for Brazil is to replace the party in power, but Lula and Dilma have also implemented huge assistance programs for the poor, in the form of cash transfers, that will also translate into more votes for their party. It´s a vicious cycle and the end it´s always ugly.

  • Pete

    Given the make up of its population, Brazil can’t move right in any meaningful sense except by a dictatorship.

  • teapartydoc

    I think when you talk about a middle class in these kinds of countries, what you are really talking about is the equivalent of the old European bourgeoisie.

  • Pait

    Referring to the “Leftist government Brazil” [sic] together with Venezuela’s shows lack of understanding of South America. Please do your homework.

  • Pait

    Does anyone here know something about Brasil or is it all based on hearsay?

    • Maniccheapskate

      I know brasil nuts don’t taste as good as pecans and that they elected a pinko for president and Obummer gave them 2 billion$ of tarp money, and the guy that got the tarp money is bankrupt and the Amazon river is full of arsenic and they have a big parade every year with twerks and dope and all kinds of goings on.
      So, yall know as much as I do now so we’re all bi-ignorant.

      Oh, and they have death squads in the larger cities that kill the orphans living on the streets. Saw that on cable tv.

      • Herb Suhl

    • Herb Suhl

      I know they every time I try to sell them something high tariffs keep it out of the country.

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