Comment by alkonaut
11 days ago
7. Uncertainty seems overlooked these days. The job of politicians is to make people and businesses dare. Making people dare getting an expensive education or starting a business or hiring your first employee or whatever it might be. What that requires will vary (if it's a social security system or a tax break for new companies or whatever). But something it always requires is trust in the stability. That the calculus for an investment is valid over N years. That laws or taxes don't swing wildly with political cycles.
That has been the bane of brazil for decades, every politician, at every level, undoes or stops whatever the previous politician was doing so there's absolutely no guarantee what you're doing today will still work tomorrow.
Its a terrible state and situation to invest in a business doesn't benefit anyone. My hometown had a large cultural center built by the mayor, he couldn't run for reelection again, new mayor is elected, completely ignores the whole thing was built and lets it rot. Everything is only done for an election cycle, the next cycle could bring something else entirely.
Its terrible to live in a place like this, Americans have no idea how bad this is going to be for the country.
For decades one political party has fomented this by pushing disdain for intellectuals and experts and the effectiveness of government itself.