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GatoGordo

(2,412 posts)
Sat Dec 22, 2018, 09:58 AM Dec 2018

The new minimum wage in Venezuela is $0.33 per day. Maduro satisfied. Again.

And they call themselves "socialists" and workers "! Maduristas recognize a minimum wage of 10 dollars a month (33 cents/day)
By: Javier Antonio Vivas Santana | Friday, 12/21/2018 06:45 PM

Translated from Spanish

The failure of Nicolás Maduro's economic measures after almost six years in power shows that while that individual continues with political control, the only thing that remains for Venezuelans is the condemnation of the collective impoverishment and the destruction of the country.

Indeed, the disaster of the "economic" plan has been of such magnitude that Maduro himself, when he announced such a plan, brought the minimum wage up to 1,800 "sovereign" bolivars, which at that time, even taking as a reference the parallel market rate, also become an official, marked a benchmark of 30 dollars per month.

After four months, that minimum wage, although it was increased in this month of December to 4,500 "sovereign" bolivars currently represents only about 10 dollars a month, a figure recognized by the madurista regime when its official rate of exchange denominated as Exchange Rate System Market Floating Supplementary (Dicom) exceeded Bs. 447.62 per dollar ¹, and that same salary barely exceeds $ 5 per month when calculating it with the parallel currency market.

That the madurismo itself with its official exchange rate recognizes the minimum wage at $ 10 per month, or $ 0.33 per day, is the unequivocal sign of failure, hunger, poverty and misery in which they have sunk life of Venezuelans. To continue blaming such a failure on imperialism and its sanctions, not only borders on the ridiculous, but it turns madurism as the political plague of the 21st century, because not only is hyperinflation the only evil that overwhelms us. Venezuelan, but we have a collapse of the country in all areas of citizenship and social work.


-snip-

https://www.aporrea.org/actualidad/a273326.html

But its GOOD to be The King!



Not so much to be El Pueblo!

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