October 30, 2006

ANOTHER LEFTIST WHO NEEDS A GINGRICH:

Can Brazil's Lula deliver on promises?: After his victory in Sunday's presidential vote, Lula now faces the difficult task of pushing through needed reforms. (Andrew Downie, 10/31/06, The Christian Science Monitor)

"They are going to try to go for the tax and fiscal reform, political reform and labor reform, and they will go back and look at social security [reform] again," says David Fleischer, the author of the weekly political journal Brazil Focus. "But it will be hard to do all four reforms, I'd say he may only get a third of it done." [...]

"Everyone agrees, I think, on what needs to be done," says Helio Magalhaes, chairman of the board at the American Chamber of Commerce in Brazil. "The tax burden needs to be reduced, government spending has to come down, and social security needs to be reformed because it generates such a huge deficit. And the government needs to invest in infrastructure to create the conditions for long-term investment. From a business point of view, those are the fundamental things."


Here's one way to look at current affairs, the Democratic Party that hopes to take control of America's congress next month wouldn't help Lula pass those measures because they're too conservative.

Posted by Orrin Judd at October 30, 2006 11:00 PM
Comments

How long has it been since a lefty won a free election?

Posted by: erp at October 31, 2006 9:22 AM

And they're energy independent because they drilled that nasty black gold.

Posted by: Sandy P at October 31, 2006 11:43 AM
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