José Sócrates and António Costa,
ex-PM and future contender to be PM
The "recreational club Abade Faria 33"
Analysts, commentators, journalists, political scientists
and other experts in related matters have been very excited
in discussing the debate between the current PM and sociailist, António Costa,
debating who won or who lost the debate,
and what effect it could have on the results of 4th October elections
and other outstanding issues of importance.
One of the most discussed topics, is Social Security. Naturally.
And many of these people are having a fit
at the proposed plan to limit the amount paid out to all pensioners,
as advanced by the coalition - that is, to establish maximum ceilings on pensions
to be paid for those who now enter the labour market.
In contrast, these new workers will be discounting less for Social Security
and have the freedom to apply these funds in a private pension fund.
Even more. This maximum ceiling will only come into effect,
if and when, the economy grows in a sustainable manner, around 2%,
so not to have a dramatic drop in revenue from the Social Security system.
The left-wing parties, static and paternalistic,
cries out in indignation that adult citizens should have the freedom
to invest their hard earned money in reform plans
or if they choose to, simply spend it on a vacation in the Caribbean.
But the indignant and statistic left-wing parties,
who hates the freedom of citizens,
are very quiet on the truly criminal socialists´ proposal
which would lower at least four points in the TSU.
The resulting shortfall could reach more than 9 billion euros
and jeopardize the payment of pensions to pensioners.
In the socialist delusion, this measure will create 207,000 jobs,
and therefore increase revenues for the Social Security system
and offset the monumental shortfall
which would be caused by lowering the TSU.
The Single Social Tax (TSU)
is a tax which the companies have to pay according to the monthly salary
of each worker and that is then forwarded to the Social SecuritySystem.
In practice, the Single Social Tax is the amount that businesses
and workers discount monthly
so that Social Security can pay pensions,
according to what each employee earns.
In the socialist delusion,
in case the promised jobs are not created and pensions are in danger,
they will use the money from tolls taxes and, ultimately, from the state budget,
to compensate their loss, that is, an increase of more taxes for the tax-payers.
All this because, in the socialist delusion,
the economy can only grow with increased consumption and domestic demand,
and the economy only grows with a strong public (State) investment.
The 2015 socialist recipe,
is the same that has led the country to bankruptcy already three times.
With the economy in the euro zone in hay wires
and the Chinese economy with the flu,
a socialist government of António Costa
would again bring Portugal into the abyss, to a new bailout,
with even more serious hardships for the Portuguese,
plus a few more years of protectorate under the strict measures of the troika.
It would, by far, be a bad omen if António Costa sets up camp in St.Bento Palace.
The "recreational group of Abade Faria",
(the street where Sócrates is held in house custody),
led by José Sócrates, noisily celebrated the outcome of the debate
between the PM, Passos Coelho and Costa.
The enthusiasm of the diners was a balm for all the Portuguese who fear,
and with good reason, a socialist victory on the 4th of October.
And the evidence proved that Costa, not only did not win the debate
and will not win the parliamentary elections.
Socrates and "associated recreational club" of Abade Faria hate António Costa.
Socrates and the members of the "Abade Faria recreational club"
do not forgive the betrayals of António Costa. ~
Socrates and the diners at the "Abade Faria club,"
have begun to celebrate the disaster of the man,
who specializes in betrayals and back-stabbing of all those,
who in one way or another, crossed or crosses him, on his desperate path,
to be part of a small and miserable subtitle of the history of this country
that had to put up with the Socialists for more than 40 years in this poor democracy.
On the night of the 4th of October,
"the recreational club Abade Faria"
will have a full house party, which will surely last until dawn.
Fate has these curious things.
The man (Sócrates) who led Portugal to bankruptcy for the third time,
will noisily celebrate the defeat of the man (António Costa),
who is preparing to lead Portugal to bankruptcy for the fourth time.
They are definitely well suited for each other.
Adapted from an article of opinion by
António Ribeiro Ferreira
published in the "i" newspaper
14-09-2015
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