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Opinion: Politics Trumps Economics, a Smidgen

Opinion, by Michael Royster

RIO DE JANEIRO, BRAZIL - “Politics trumps Economics” quoth Aristotle, and on October 9th that was once again proven true. First, two national opinion polls showed that Aécio was leading Dilma by 46 percent to 44 perfcent, reversing her first round lead. They also showed that the “undecided” vote had fallen off a cliff: almost everybody has now decided.

The two percent difference is not definitive, as it’s within the margin of error, but it’s significant in that it’s the first time since Brazil began having runoff Presidential elections that the candidate who . . .

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