Comments for Lula Raises Minimum Wage by 13%. Opposition in Brazil Wants More. at http://www.brazzilmag.com , comment 0 to 2 out of 2 comments http://www.brazzilmag.com Tue, 01 Dec 2009 15:32:04 +0100 FeedCreator 1.7.2 http://www.brazzilmag.com/content/view/5310/1/#pc_1767 ...in Lula\'s ears that from 300 to 350 the increase is 17 %, not 13 % ????? Or may be it was repeated to him everyday, but he has short memory ? Or could it be that so drunk he was during the interview, that any numbers were good anyway ? - Guest Thu, 26 Jan 2006 13:49:16 +0100 http://www.brazzilmag.com/content/view/5310/1/#pc_1763 - from 300 reais to 350 the increase is 17 % NOT 13 %. Great Brazilian maths !!!! - an increase in the minimum wage is supposed to reduce the wealth inequality in the whole world BUT NOT IN BRAZIL because millions and millions of salaries contracts are a MULTIPLE OF The minimum wage. Therefore those who have 1, 5, 10, 20, 50 Minimum wages ARE ALL INCREASED BY THE SAME RATE OF 17 % ! Can anyone explain where the wealth inequality will be reduced ? As to the 1995 minimum wage of 100 Reais going now to 350, it is in fact going from US$ 100.- to US$ 155.- !!!!! And now you are even complaining that your currency is too strong. Well, well, just think a moment about it : SOMETHING IS DEAD WRONG. The anual compounded increase is just 4 % in US$ terms !!!! Is this a great achievement for a country that want to eliminate poverty, further knowing that millions and millions of citizens dont even earn 1 minimum wage ???????? This is a human tragedy, a shame to humanity !!!!! - Guest Thu, 26 Jan 2006 13:25:25 +0100