Video transcript

Economia cresce com baixa inflação??

13 statements · 1 politicians · September 4, 2024 · 1 min

Statements by Fernando Haddad. 13 transcribed statements, with topic and stance on the ones the analysis classified.

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13 statements

Full transcript of the video. Statements the analysis classified carry topic and stance.

  1. Fernando Haddad
    When a business owner has someone to sell to, he increases production and hires, which is exactly what's happening now.
  2. Fernando Haddad
    Because no one will invest if they have no one to sell to.
  3. Fernando Haddad
    Do you agree with me?
  4. Fernando Haddad
    Our view was that fiscal adjustment was important, but the fiscal adjustment had to be, for the first time in Brazil's history, targeted at those who had failed to pay taxes.
  5. Fernando Haddad
    What did we do?
  6. Fernando Haddad
    We opened the black box; everyone found out.
  7. Fernando Haddad
    which economic groups had appropriated the budget, and we started fighting the so-called jabutis, to carry out the fiscal adjustment on those who had failed to pay taxes.
  8. Fernando Haddad
    The result of this policy is that you can carry out the adjustment without harming economic growth.
  9. Fernando Haddad
    When you make the adjustment on the poorest, you reduce consumption, and when you reduce consumption, you reduce investment.
  10. Fernando Haddad
    But now what's happening is this: people are investing because they have someone to sell to.
  11. Fernando Haddad
    So Brazil is growing with low inflation.
  12. Fernando Haddad
    We were the second-fastest-growing country in the world in the second quarter of 2024.
  13. Fernando Haddad
    We will collect from those who failed to pay, we will rebalance public accounts; with that, consumption will return and then investment will follow.
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