1. The PAC2 stands for the Program for Growth Acceleration 2, and it’s not a midnight TV infomercial. It’s government’s gimmicky excuse to spend lots of money, $955 billion Reales over the next four years, or close to $600 billion U.S. The Program is for national development—highways, hydro-electricity projects, school and hospital building—the stuff you would expect a government to spend its money on anyways. We just hope there is transparency in what is spent. Anecdotal evidence tells us no: the PAC website makes no mention of the Program’s commitment to transparency, and there is more than one article and blog on the Program’s lack of transparency.
2. $________ . A minimum floor for teacher salaries. In Korea teachers are considered nation builders. But teacher’s in Brazil must find it difficult to build nations when they earn under $600 US a month, especially when working conditions are dreadful. You get what you pay for; students typically don’t stick around: in 2006 the average Brazilian spent just over 7 years in formal schooling. The minimum floor would be set around $1000R (~$600).
3. Tax Reform…no details given, but a goal that has eluded previous presidents.
4. International Disaster Prevention System…a response to the recent mudslides and the yearly disasters caused by erosion, rain, and bad building locations.
A FEW THINGS SAID
-Dilma called Brazil’s new oil finds the country’s ”passport to the future”. That’s what Nigeria, Venezuela and Libya said when they found oil. Let’s hope so.
-28 million people stepped over the poverty line in the past 8 years. Huge advance.