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That's exactly the opposite of the history in Brazil. In the 8 years before PT took power, the country finally had stable economics, decreasing unemployment an
by ucaetano 10y ago
That's exactly the opposite of the history in Brazil.
In the 8 years before PT took power, the country finally had stable economics, decreasing unemployment and increasing income levels.
- forinti 10y agoThe previous government had unemployment of 8.3% in its first year and 11.7% in its last year (and 12% inflation). PT was voted into power for a reason.
- ucaetano 10y agoBut compare that to the years before the government.
- forinti 10y agoIt was lower. The 1990's were not nice. https://brasilfatosedados.wordpress.com/2010/09/09/desemprego-evolucao1986-2010-2/ https://brasilfatosedados.wordpress.com/2010/09/09/desempreg...
- woliveirajr 10y agoMore than that. Try were voted for miraculous promises, took advantage of increased prices of commodities, and gave money in popular programs. Then lied about unemployment by changing criteria, kept controlled prices at popular levels against a long term development, and when this came out (like petrobras huge debt, and all money laundry), some people began to shout that it was "a coup", that all parties also stealed money and so PT shouldn't be punished etc.