Also, as has been done in many other places, they are separating
economic policies from social policies. They have spent an awful lot
of public money (is it 6 billion dollars?) on restructuring the
banking business. Such an amount of money would buy quite a few new
schools for example.
But I agree with Michael. The most bitter achievement of FHC and his
crew so far is that they have rescued the eternal political right of
Brasil that was on the brink of defeat in 1994 and is now back in shape
and in power.
Alain Pirotte
Belgium