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In the first year of government, the administration of Lula implanted a macro- economic politics characterized by a strong fiscal and monetary restriction and for structural reformations (tributary and of the Social Security) before criticized by the Party of the Workers and for its bases of social support in the last two decades. Keeping in mind these facts and the international expectation generated by the election of a government of left in Brazil in front of the crisis of the neoliberal pattern in Latin America, this article has for objective to analyses: (i) the economic circumstances of the government's principle Lula that conditioned the adoption of a transition strategy; (ii) the results of this strategy; and (iii) the aspects of continuity and change in the new government. Empiric evidences that sustain that the margin of manoeuvre of the new administration was sensibly narrow as to promote deep changes in the economic politics's conduction, are presented. However, to part of those restrictions, inherited of the deregulated adjustment of the nineties, the government of Lula opted for the adoption of a group of politicians that will be able to generate a new trap of low growth with macroeconomic uncertainty, in the terms of that experienced in last decade. 30 , se vio obligado a contra- decir todos los dias la predica que proferia estando en la oposicion, cuando apuntaba a decisiones inescapables de los gobiernos como demostraciones de desprecio al pue- blo, la etica y el pais. Como ya vaticino en cierta ocasion el diputado federal y ex ministro de Hacienda, Antonio Delfim Netto, el poder domesticaria al PT. En parte, este proceso de domes- ticacion ya habia ocurrido con las experiencias de poder en el plano subnacional y aho- ra esta profundizandose en el nivel federal. Los desafios de gobernar el pais son, con todo, mayores y permiten menos errores y menos experimentacion. La posibilidad de encontrar un rumbo -que hoy parece haberse perdido- pasa mientras tanto por aban- donar la postura visceralmente oposicionista que siempre marco al PT .T al postura rei- teradamente resurge cuando, ante las dificultades, casi un ano y medio despues del comienzo de su gestion, lideres gubernamentales y parlamentarios (inclusive el pro- pio Lula) siguen culpando al gobierno anterior por la «herencia maldita». Ese mal- decir del pasado contribuye muy poco al exito del gobierno de un partido cuyo slogan siempre fue, desde la primera campana presidencial, el de alimentar la esperanza. Al fin y al cabo, la esperanza tiene mas que ver con proyectos plausibles de futuro que con renegar del pasado.

Cambio o continuismo: una interpretación de la política económica del gobierno de Lula