Bresser-Pereira: The wealthy harbor hatred for the PT (Workers' Party).

247 According to economist Luiz Carlos Bresser-Pereira, a minister in the governments of José Sarney and Fernando Henrique Cardoso, the bourgeoisie's hatred of the Workers' Party (PT) stems from the fact that the government defends the poor.

According to him, Lula's almost 'triumphant' government crumbled in the last two years of Dilma's government: “The main reason was that development didn't materialize. Suddenly, we went back to growing at 1%. There were errors in Petrobras' prices and in electricity. And the mensalão scandal. Then the liberal economists started speaking loudly and angrily again,” he states in an interview with 'Folha de S. Paulo'. “The national-popular political pact... Poof! It evaporated. The bourgeoisie reunited.”

Bresser-Pereira says, however, that this climate of hatred, this insistence on talking about impeachment, will not flourish. "Democracy is consolidated and everyone benefits from it, rich and poor. Brazil only develops when it has a national development strategy," he asserts.

According to the economist, President Dilma Rousseff is now on the right track with Joaquim Levy's adjustment package. However, he states that as long as there is a policy of controlling inflation through exchange rates and a growth policy based on external savings and an exchange rate anchor, no amount of magic will make the country grow. "High interest rates are only justified by the power of rentiers and the financial system. Talking about high rates to control inflation makes no sense" (read more). closest).