Comments for Brazilian Industry Urges Drastic Cuts in Expenditure and Taxes at http://www.brazzilmag.com , comment 0 to 2 out of 2 comments http://www.brazzilmag.com Sun, 07 Sep 2008 10:34:06 +0100 FeedCreator 1.7.2 http://www.brazzilmag.com/content/view/7537/1/#pc_5402 the World Bank and the economists estimates are for 3,5 % for 2007 AND 2008 - ch.c. Thu, 16 Nov 2006 19:32:40 +0100 http://www.brazzilmag.com/content/view/7537/1/#pc_5401 This shows how unclever or liar Mantega is and has been ! He maintained his estimates at 4 % just before and even after.... the recent election ! This guy should go back to the first grade learning the basis of economic estimates ! And if he is effectively well trained...he should resign or be fired...because more wrong there is not ! Or be accountable for his total failures ! Unless he voluntarily lied....to get more votes for his chief Lula ! As to the promises for 2007 and beyond, it is again all over the same promises...never delivered by Lula and his gang....since day 1 of his first mandate ! Every year Lula promised 5 % + for the following year ! Always ! Promises never delivered...just as the promises for the infrastructure investments needed. Why should anyone trust that 2007 and beyond shouléd finally bear the 5 % ? Just read the IPEA estimates, themselves on the rosy side, since the World Bank and the economists, included the Brazilian economists, have for the time being an estimate of 3,5 for 2007 AND 2007 ! the Funny thing is that since 2005 revisions have always been DOWN not UP ! The only ones keeping high estimates are the government people...on purpose ! Guess why ! Strange that the Brazilian population still swallow all these lies ! Finally the reality is that 2006 will be a repeat of 2005 : Brazil will have the worst economic growth of ALL the LATAM and Caribean nations...after Haïti ! But read what Lula said at the end of last year concerning 2006 : HE guaranteed an exceptional vintage (his own words) for 2006 of 5 % + ! Reality will be around 2,6 % of 50 % less than guaranteed ! Impressive ! Yesss, Lula promises and guarantees are really not worth more than his previous promises and guarantees...never delivered anyway ! - ch.c. Thu, 16 Nov 2006 19:30:26 +0100