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    misallocated predicates..., 2008-08-08 17:04:46 | Main | fred l. smith jr. doesn't make a lot of sense to me..., 2008-08-09 15:48:50

    don't confuse us with the facts:

    The New York Times reports about how awesome shit is down in Brazil, by way of idly kicking around Bolivia and Venezuela:

    Brazil, South Americas largest economy, is finally poised to realize its long-anticipated potential as a global player, economists say, as the country rides its biggest economic expansion in three decades.

    That growth is being felt in nearly all parts of the economy, creating a new class of super rich even as people like Ms. Sousa lift themselves into an expanding middle class.

    Despite investor fears about the leftist bent of President Luiz Inacio Lula da Silva when he was elected to lead Brazil in 2002, he has demonstrated a light touch when it comes to economic stewardship, avoiding the populist impulses of leaders in Venezuela and Bolivia.

    Instead, he has fueled Brazils growth through a deft combination of respect for financial markets and targeted social programs, which are lifting millions out of poverty, said David Fleischer, a political analyst and emeritus professor at the University of Brasilia.

    That's why Brazil's average GDP growth over the past 6 years has been dramatically greater than its impulsive populist neighbors, by avoiding populist impulses!:

    Venezuela: 4.43%
    Bolivia: 3.45%
    Brazil: 2.73%

    Oh. Oh dear. Why, that doesn't map onto our primitive neoliberal model of the world at all, does it?


:: posted by buermann @ 2008-08-09 09:54:00 CST | link





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