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 Prosperity seems to be a rare commodity these days in Brazil. Over half a million Brazilians have fallen back to poverty from their lower middle class status according to the latest paper from the Social Politics Department belonging to the Getúlio Vargas Foundation research center in Rio do Janeiro, FGV.
The paper covers the six main areas in metropolitan Brazil, São Paulo, Minas Gerais, Rio de Janeiro, Salvador, Porto Alegre, Recife and Belo Horizonte, the same which are taken to elaborate the urban employment data.
According to FGV, 563.000 people from category C or medium popular, dropped during the first months of this year to categories D and E, the lowest in terms of income in Brazil.
If categories A and B are included the number of Brazilians that slipped from social category during January adds up to 765.000. Taken overall C in the six urban areas fell from 53.8% in December to 52.6% in January.
The slide comes after an advance of 10.8 percentage points jump in category C, since Brazilian President Luiz Inácio Lula da Silva took office in 2003 to December 2008, six years of Workers Party administration.
However a private paper from the public opinion polling consultants IBOPE indicates that in spite of the slide, 76% of category C, an estimated 23.2 million people with average income in the region of 450 to 2.200 US dollars have no intention of reducing their consumption capacity in spite of the world recession.
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And...and....what is not said is that on the six mains areas in metropolitan Brazil.... IT COVERS 40 % OF THE Brazilian population....forgetting on purpose to take in account the other 60 % remaining.
And and and to my knowledge there is far more poverty OUTSIDE these 6 mains are in metropilitan Brazil.
And even more funny about this "private paper from IBOPE" that is figuring out the income in U.S. DOLLARS and not in Brazilian currency. I bet this income range is in Brazilian currency...with the regular brazilian cheating to improve the stats.
Even more strange is that in category C....the range is from 450 to 2200 US$. How can one income category have an income dispersion of 1 to 5 ?
More than dirty, stinky and smelly there is not !
It it like saying than in Europe or the USA, that category C would be those with income between US$ or Euros 3000 to 15000.-
With an income dispersion multiple of 5, up or down, you obviously cannot be in the same category !