Presenting the economic "miracle" for Portugal....back to the past of excessive deficit and bankruptcy.

 António Costa, Socialist leader, presenting his plan for the next decade for Portugal

Paulo Portas speaking in Parliament against the Socialist plan, 

standing next to the Minister of Finance, Maria Luis 

 

Paulo Portas, Vice PM made a very strong point by confirming: 

"By not understanding what happened in the Portuguese society in recent years, where the Portuguese were forced to painfully pay expensive taxes and face high unemployment with an excessive deficit and an enormous state foreign debt. Accepting and promoting the same causes, which brought the country to its knees to live through the same pain,  is obviously not a reasonable option ", he said.

 Paulo Portas accused the PS (Socialist Party), this Wednesday, of presenting a macroeconomic plan, containing the risk of becoming another memorandum of understanding, meaning another international bailout programme, stating that the policies proposed in the document would lead to new bailout rescue for Portugal.

Paulo Portas also accused the Socialists of "tax experimentalism" which contradicts previous socialist leaders, such as António José Seguro, who agreed on lowering the IRC, or António Guterres, who "signed the first agreement for getting rid of the inheritance tax and called the SISA the stupidest tax in the world ".

"Your excellencies have decided to aggravate the IRC tax, while bringing back the IMT, the former SISA, and the inheritance tax, which taxes property and deposits. You also deviate from a moderate, familiar pragmatism to join untested experiments on various taxes" he said.

 "Something tells me that a lot of it will end up in very similar operational confusion, with the failed touristic tax and the failed airport charge, introduced by the former president of the Lisbon Municipality ( now the leader of the Socialist party and contender as PM)", Portas accused. 

 The deputy prime minister also argued that the Socialists were running with the Government's merits: 

"The somewhat miraculous plan of the PS, is by itself presentable because the starting point is much better than the PS would ever admit." 

"I do not want to be unfair and I therefore submit a correction: what Mr. António Costa, told the Chinese, that Portugal is in a much better economic situation than 4 years ago, he did very well in eventually confessing now to the Portuguese: we survived the bankruptcy of 2011 and overcame the recession early in 2014," he said .

Always insisting on the idea that the socialist programme means more deficit and more debt, Portas suggested that "perhaps some electoral magician has convinced the Socialists that the Portuguese do not care about the deficit or the debt."

"Your plan, filled with promises, not only carries the risk of disillusion, but also contains the risk of becoming another memorandum of understanding (another bail-out), in which every promise becomes a constraint," said Paulo Portas in parliament.

At the end of his intervention in the discussion of the Stability programme and the National Reform Plan, Portas returned to the idea, which marked his whole speech:. "In support of the PS, there is a certain consistency in error. The 'troika' led us once and if the electorate gave you a mandate, the 'troika' will lead us a second time." 

"The PS will increase the deficit and will not control the debt, leaving us again with an excessive deficit and subjected to their (the Troika's) threats. It is the simplest way to return to the 'troika's austerity and sacrifice," he said. 

"Continuing the system of sharing, the experimentalism of aggressive and systematic reductions of the TSU (Single Social Tax), both for the capital as for work, jeopardizes the sustainability of pensions that have to be paid with contributions of current workers" he argued. 

The deputy prime minister also argued that the socialist document contains "the error of non-selective social policies, returning to the minimum income policy as it existed before, which is to return to the abuse of the system." 

Hundreds of critics have given their specialized opinions on how these measures will only increase the risk of Portugal facing a new bankrupcy. What the Socialists propose, are outrageous and risky, and will definitely scare away any foreign investment that is so much needed in Portugal. 

ENOUGH OF ILLUSIONS, 
OF CEMENT AND HIGHWAYS THAT NO-ONE USES 
BUT THE PORTUGUESE ARE INDEBTED TO PAY UNTIL 2050!!

Enough sufering caused by arrogant politicians and their "boys". 

Enough austerity and shame of going through the restrictions of an international bail-out programme, 
losing our own national independence and dignity as a nation. 

ENOUGH IS ENOUGH.

The former Socialist PM, José Sócrates, 
is imprisoned for fiscal fraude, money laundering and more.

NO MORE of prisoner Nr 44´s in our regime.!
António Costa was José Socrates' nr, 2 man in his disastrous governance.

 António Costa plans to be the next PM?

PLEASE!! 

Have mercy!