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Comment by matheusmoreira

7 hours ago

> he heaves his hand when it comes to (mostly populist) spending, like there's no tomorrow

This is key to his reelection. He literally ran on a "Bolsonaro will end Bolsa Família" campaign.

It's unfortunate. Lula inherited a post-Washington consensus neoliberal Brazil. He had nearly 20 years to undo all that and reindustrialize the country, thereby putting us on China's path.

I would have voted for him regardless of ideology if he had done it, but he didn't. It's just easier to just anesthetize the population and put them on paliative care with free money.

> he thinks he is helping the poor, but it is just for short term.

This "short term" is unbearably long... But I do see signs that the system is reaching its limits. Government was already having trouble paying pensions before Vorcaro.

> so much public debt, in a few years everyone, rich or poor, will have pay the price, with interest.

Bankers love Lula for a reason. Record profits.