The Lula government has been under constant attack from market ambassadors, such as William Waack, pressuring the president to adopt increasingly draconian spending cuts that will never satisfy them. The main objective is a coordinated attack on the income tax exemption, Lula's main project, which will catapult him to victory in 2026. The market wants to prevent this and acts as opposition to the government, since Bolsonaro supporters do not have the capacity to do so. Thus, the market ambassadors sound hypocritical, because they want the government to cut spending, but they do not complain about the high interest rate, which increases public spending and prevents investments in certain sectors. 00:00 Lula under attack The Lula government is facing pressure from market ambassadors, such as William Waack, to cut spending and oppose the income tax exemption, Lula's main project for 2026. Hypocrites, they ignore high interest rates that increase expenses and harm investments. 01:39 William Waack's speech Market ambassadors, such as William Waack, speak as if the country were in an economic crisis, facing a recession. However, the government's economic and social indicators are extremely positive. They take advantage of misinterpreted approval polls to put pressure on the Lula government, as if the president should act to please the market. However, Lula can do whatever he wants and the market will never be satisfied. 03:30 Lula's approval According to Datafolha, Lula's approval rating is stable at around 35%. The stable scenario was also seen in Quaest, where Lula is approved by 52% of the population and disapproved by 47%. The numbers are not surprising given the polarized political context in Brazil. Lula's supposedly low approval rating is not a communication problem. Believing that Lula and his government will have an approval rating above 60% is a huge analytical and contextual error. According to Quaest, both Lula and Fernando Haddad would defeat Bolsonaro or any other candidate in 2026, and by a large margin 05:11 Attack on exemption Lula's great economic plan, which will guarantee him a fourth term, is the exemption from Income Tax. The proposal aims to charge more from those with higher incomes, improving the population's consumption capacity. Obviously, the dominant social classes will not want to pay more taxes and put pressure on the government. 06:48 Market hypocrisy The market ambassadors in the media are not concerned with tax issues or responsibility in public spending. If there were any kind of concern, they would talk about the high interest rate. It is responsible for increasing the value of interest payments on the debt, increasing public spending. The high rate also hinders investments in the productive sector, especially in the industrial sector, but this is not commented on by the market emissaries. They want the government to cut spending, but they do not talk about the interest rate. 07:40 Market as opposition The market's attack on Lula is due to the lack of a strong opposition. Arthur Lira and the Centrão are not ideological opposition, but rather physiological opposition. The ones who should oppose Lula would be the Bolsonarists, but they have no flags or agendas, only ideological nonsense. Thus, it is up to the market to form the opposition through its emissaries in the media. The market knows that Lula is the favorite for 2026 and will win if nothing is done.