Latin America
Related: About this forumIncome poverty in Venezuela increases to 26.8 percent in the first half (english)
http://www.eluniversal.com/2010/11/18/en_eco_esp_income-poverty-in-ve_18A4746691Income poverty in Venezuela increases to 26.8 percent in the first half
The National Statistics Institute (INE) said that the percentage of households in poverty, as measured by income, grew slightly to 26.8 percent at the end of the first half of the year.
The percentage of households in poverty in the same period last year stood at 26.4 percent, a 0.4 percent increase compared to the previous period.
Elías Eljuri, the president of INE, said that the most recent result "means that Venezuela has managed to maintain the statistical stability in one of the most sensitive social variables, despite the fact that the global economic crisis has caused a declined in the country's oil revenues."
However, the government's official acknowledged that there has been little progress in access to adequate housing.
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Is there anything else chavistas want to deny what their favorite government says?
RobertEarl
(13,685 posts)Are we powerful, or what? These little countries had better do what we say, or else. We will crush those that reject our capitalistic crapism.
Bacchus4.0
(6,837 posts)RobertEarl
(13,685 posts)Last i remember it was a dollar fifty there. Just paid $3.50 here.
If that's still holds that means $2 on every gallon difference, eh?
Zorro
(15,733 posts)Bacchus4.0
(6,837 posts)Mr. Maduro has not said when or how much he will raise the price, which has been frozen for 15 years, but the urgency in this beleaguered economy is clear. By some estimates, the government is giving away $30 billion worth of gasoline, diesel and other fuels each year, a huge loss at a time when it is running a large deficit, forcing it to print money. The state oil company is borrowing millions of dollars from the central bank to keep running, the country endures chronic shortages of basic goods, and last year inflation hit 56 percent, one of the highest rates in the world.
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For all those poor with cars I suppose. Ven does have petroleum, no question about that but they do even have to refine much of their gas outside of Ven, in the US particularly, and have to import it back in. You sure you weren't talking about another country RE?
RobertEarl
(13,685 posts)If it did inflate 56% it would be like 9 cents a gallon.
Here, gas has inflated from $1 dollar up to $4. Hmmm, that's a 400% inflation rate. Which hurt our economy and removed billions of dollars from the working poors' accounts into the 1%ers.
No wonder big oil hates VZ.
Meanwhile the US borrows trillions of dollars and our deficit is like $17 trillion. VZ should be so lucky, eh?
Bacchus4.0
(6,837 posts)as it is set by the government. The government eats the real cost. But the real problems there are the shortages of basic necessities of food and basic products which they have to import.
RobertEarl
(13,685 posts)Let's see, the Kochroaches control both lots of gas and toilet paper prices in the US. Both cost much more in the US than in VZ, looks like VZ has cheaper prices than we do.
Is the real problem VZ face partly due to its helping poor people afford gas? Would you complain if gas in VZ inflated to $3 a gallon in VZ, therefore putting million$ into government accounts that it could then use to buy more basics for its people?
ChangoLoa
(2,010 posts)The Ven govt spends money subsidizing gas prices indiscriminately for everyone in the country. Not for the poor in particular. It is a way to keep social peace, since the last time they tried to increase them in 1989, there was a huge uprising and a ferocious repression (El Caracazo).
Actually, the rich who proportionately own more cars, take more advantage of the subsidy than the poor. In order to transform this into a progressive form of taxation, the govt should increase gas prices for private cars and increase subsidies for public transportation at the same time, while it should use the extra-money to fund redistribution-oriented policies.
Bacchus4.0
(6,837 posts)hack89
(39,171 posts)they are going broke so paying the massive gas subsidy is becoming harder and harder - they really need (and want) to raise the price of gas. But if they do, it would cause massive social unrest - cheap gas is considered a birthright and the public does not want to give it up.
ChangoLoa
(2,010 posts)Marksman_91
(2,035 posts)And not only that, but the sanctions make NO mention whatsoever about economic sanctions against the country, but rather against the individual big-heads of the regime, and the sanctions would basically consist of seizing their personal assets on US soil, such as freezing their bank accounts and suspending their visas. You're showing to be extremely ignorant of the situation with this statement. Please do this little thing called "research" before showing any tomfoolery.
RobertEarl
(13,685 posts)The US is not doing anything at all to effect VZ.
Not a thing. Our hands are completely clean.
</sarc>&&&&&&&&&&&&
The tomfoolery is totally on those who hate the VZ people's elected government. It is they who live in utter denial of the political muscle the USA uses to create it's capitalistic plunderings.
Say, you know so much, how much does a gallon of gas sell for in VZ?
sabbat hunter
(6,828 posts)the price of gasoline per gallon in venezuela was 5 cents per gallon, for premium.
http://www.washingtonpost.com/world/for-venezuela-the-magic-land-of-cheap-gas-a-big-hike/2014/01/19/cf52b096-7e1f-11e3-97d3-b9925ce2c57b_story.html
Marksman_91
(2,035 posts)My family and most of my friends still live there, and I come back every so often. I can confirm it sells for less than a dollar for a full tank, but the government's really considering increasing the price since it's basically free at a price like that, and since they're broke, they need to find other sources of income, hence why they'd increase gas prices.
ChangoLoa
(2,010 posts)...within hours