This October Dilma Rousseff was re-elected as Brazil’s president by the slimmest of margins. With approximately 51.4 percent of the vote she beat competitor Aécio Neves of the Social Democracy party (PSDB) who received about 48.5 percent.1 The election reveals Brazil’s clear divide amongst the population with regard to the direction of the country as evidenced by her victory speech in which she admitted that she wants to be “a much better president than I have been until now.”2
In 2010, Dilma Rousseff made Brazilian history as the first female president of the South American nation. With 56 percent of the vote, she was able to secure the victory against José Serra with a platform of “eradicating extreme poverty” and “reducing inequality” in Brazil, as well putting more of a focus on increasing the quality of education for the youth of the nation.
On Tuesday, Brazil’s President Dilma Rousseff pled for her cabinet to embrace fiscal tightening and further austerity measures aimed to conquer Brazilian stagflation and “restore business confidence and growth” as she heads into her second term.1 She wants to bring down rapid inflation, about 6.5% annually, lower interest rates and stimulate spending to boost employment and raise incomes.2 In terms of tax policy, Rousseff wants to alleviate the burden on businesses, encourage private sector investment and boost export competitiveness.1