Economists defend useful vote, despite disagreement with PT policies

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A group of economists linked to institutions such as FGV, Insper, PUC-Rio, USP, UFF and UFPE released a manifesto letter for the useful vote in the first round.

“In spite of serious disagreements regarding policies implemented in the past by PT governments, we recognize in former President Lula the only leadership capable of defeating the greatest backwardness represented by the current government”, they state in the document.

“Enabling your victory in the first round seems to us the most forceful, safe and effective response to protect democracy in Brazil.”

Among the 38 signatories so far are Cláudio Considera (FGV Ibre), Laura Karpuska (Insper), Laura Schiavon (PUC-Rio), Mayara Felix (Yale), Otaviano Canuto (ex-IMF and ex-World Bank) and columnist gives Sheet Sergio Firpo (Insper).

They claim that, in the economy, the current government dismantled the federal budget and that spending was created to target groups of voters and specific interests months before the election, an affront to electoral institutions.

See the full document “Economists defend vote for Lula in the first round”:

“At this critical moment in Brazilian history, we, the undersigned, economists who have always stood in favor of economic stability, the strengthening of institutions and social justice, express our support for the candidacy of former President Lula, already in first round.

The actions and ineptitude of the current government caused a disaster in the process of institutional and socioeconomic development of the country, dramatically affecting the well-being of the Brazilian population.

The president promoted the dismantling of the environmental crimes inspection apparatus, encouraging accelerated deforestation and causing a serious deterioration of the environment and the depreciation of our natural capital.

The health policy was calamitous, the federal government did not coordinate the efforts of the SUS, and the management of the pandemic contributed to tens of thousands of deaths that could have been avoided. The president, still in this context, showed a total lack of empathy with people who suffered from the death of loved ones by Covid-19.

There was no advance in educational policy, which became guided by ideology, causing a setback in the learning of children and adolescents, particularly during the pandemic and especially among the most vulnerable.

The public security policy was guided by encouraging the resolution of conflicts in an individual and violent way: access to firearms and ammunition by the population was extremely facilitated and an attempt was made to establish a safeguard for police to kill, with the attempt to approve the excluding of illegality.

In the economy, the federal budget was dismantled and expenditures were created to target groups of voters and specific interests months before the election – an affront to electoral institutions. Despite the rhetoric, there was a dismantling of the institutional capacity to fight corruption, and several complaints involving the current government, the president himself and his family members were not clarified.

Finally, and even more importantly, the current president has made and continues to make repeated threats to democracy, attacking the judiciary, claiming that he will not respect the results of the election and fostering a climate of profound instability and the real risk of institutional rupture.

Despite serious disagreements regarding policies implemented in the past by PT governments, we recognize in former President Lula the only leadership capable of defeating the biggest backwardness represented by the current government. Making it possible to win in the first round seems to us to be the most forceful, safe and effective response to protect democracy in Brazil, thus increasing the future government’s commitment to policies that unify the country. We voted for Lula in favor of uniting a broad spectrum of political forces in defense of democracy, in the hope that we can have a government for all Brazilians.

Amanda de Albuquerque
Bernard Herskovic
Bernardo Silveira
Bruno Giovannetti
Carlos Góes
Carolina Grottera
Cláudio Considers
Claudio Ferraz
Daniel Cerqueira
Diana Moreira
Dimitri Szerman
Emanuel Ornelas
Fernanda Estevan
Filipe Campante
Francisco Costa
Gabriel Ulyssea
Joana Monteiro
Joana Naritomi
João Ramos
Jose Tavares de Araujo Jr.
Laura Karpuska
Laura Schiavon
Marco Bonomo
Marcos Ross Fernandes
Mayara Felix
Octavio de Barros
Octaviano Canuto
Paula Pereda
Paulo Correa
Paulo Furquim de Azevedo
Rafael Costa Lima
Raphael Corbi
Ricardo Dahis
Rodrigo R. Soares
Rudi Rocha
Sergio Firpo
Thomas Fujiwara
Tiago Cavalcanti

Affiliations
FGV, George Washington University, Insper, Johns Hopkins University, London School of Economics, PUC-Rio, Princeton, UFF, UFPE, University of British Columbia, University of California – Davis, University of California – Los Angeles, University of California – San Diego, University of Cambridge, University College London, University of Delaware, USP, Yale

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