MercoPress. South Atlantic News Agency
Cristina Fernandez on campaign for October mid term elections hikes minimum wage 25.5%
The minimum wage In Argentina will increase 25.5% to 3,600 Pesos, President Cristina Fernández announced. The hike will be implemented in two phases, with the lowest legal salary rising to 3,300 Pesos as of August and 3,600 in January 2014. Read full article
Comments
Disclaimer & comment rulesInflation is 29%, minimum wage goes up 25%, sounds like a pay cut to me,
Jul 27th, 2013 - 08:06 am - Link - Report abuse 025.5%
Jul 27th, 2013 - 08:36 am - Link - Report abuse 0Wow how generous considering inflation is only about 10%.
I wanna move to Argentina. Such a cheap place to live.
Theere's an election coming, here's a load of money and don't forget to vote and please don't associate the two actions.
Jul 27th, 2013 - 08:43 am - Link - Report abuse 0And where does she think the employers will get the money from to cover this wage hike? Job losses are looming!
Jul 27th, 2013 - 11:10 am - Link - Report abuse 0Another nail in the coffin....
Jul 27th, 2013 - 11:21 am - Link - Report abuse 0In a campaign, Cristina Kirchner compared with Pope
Jul 27th, 2013 - 11:31 am - Link - Report abuse 0http://www.clarin.com/politica/campana-Cristina-comparo-Kirchner-Papa_0_963503741.html
Anglotino, let us not forget the 20.2% given in february. And she brags the Kirchners gave increased wages 1700% in the past decade. Think of what that would doto your wage base in a decade. I calced a 2003 average us wage of 41k would be like almost 700k.......lol
Jul 27th, 2013 - 12:17 pm - Link - Report abuse 0@7 - If that were ever to happen, which it won't, then everyone in the US would be millionaires within 2 years lol
Jul 27th, 2013 - 12:25 pm - Link - Report abuse 0exactly......it was more of a reflection upon the so called “10%” inflation rate in Argentina because if they had only 10%, they too would be more than in the “hated” middleclass.
Jul 27th, 2013 - 02:19 pm - Link - Report abuse 0What is 3.600 pesos in £equivalent? And is that per hour?
Jul 27th, 2013 - 04:09 pm - Link - Report abuse 0One wonders if the voters will fall for the same trick yet again . Every time elections approach she gives some goodies away . Be it increased pension payments , subsidies of public transport and salary increases . Will the people accept this knowing that the country can not afford such largess ?
Jul 27th, 2013 - 04:18 pm - Link - Report abuse 0Beware of Greeks bearing gifts, or in this case the Kirchnerite plague.
Jul 27th, 2013 - 04:29 pm - Link - Report abuse 0Well, well, well. CFK. A LYING COW. Anybody HONEST want to argue with that and PROVE it?
Jul 27th, 2013 - 04:58 pm - Link - Report abuse 0Rather blatant electioneering. What do Think and Co. have to say on this one ?
Jul 27th, 2013 - 05:50 pm - Link - Report abuse 0The lady and the tramp,
Jul 27th, 2013 - 06:40 pm - Link - Report abuse 0who gets the pennies==
and who gets the profit.?
It shows from the IMF/USA/U/K and other world powers that the Argentine President will promise to say or do anything to retain power,afterwards argentina will have even higher inflation,no control over finances.Mind you N.Korea comes to mind,will do anything to remain in power.Argentine population finances are up the creek,thats the reason to cause problems with our great britains own colony “Falkland Islands”.The only difference between 1982 and 2013.Then was a military junta,now is a civilian junta,thats all.
Jul 27th, 2013 - 07:50 pm - Link - Report abuse 0I think no one in Argentina cares about the opinion of the so-called powers of the EU/NorthAm/IMF in regards to Argentine internal politics. Not very relevant now are they.
Jul 27th, 2013 - 09:24 pm - Link - Report abuse 0@17 no of course not, not relevent at all to the average rg unless of course you live there then I dare say it is quite relevent which counts you out?
Jul 27th, 2013 - 11:10 pm - Link - Report abuse 0I know it may cause you cardiac angina, but during elections what other countries and regions “think” or “might think” given X - Y policy or candidate is very rarely of much debate. There are other more important matters, like the economy, infraestructure, jails, and provincial rebalancing.
Jul 27th, 2013 - 11:19 pm - Link - Report abuse 0Argentina now has the highest minimum in ---UNASUR---.
Jul 28th, 2013 - 12:05 am - Link - Report abuse 0Around $430 a month. I wonder if that is sustainable given that the Chinese have put on hold all the infrastructure projects?
Washington has the highest minimum in the--- USA---:
at around $1,270 a month, for an average 32-33 hour workweek.
But only like 1% of the workforce makes that because the rest make
more.
Given that this is the home of the Windows OS (used in 95% of compys worldwide), of Boeing, Amazon, (fair-tradeish) Starbucks and Costco, they are rolling, just RoooooLlliiiiiIing in money. This is like, sustainable.
Where would I live if I were free? Money is a crude metric, it doesn't always work. So google La Campora kids, and then google Washington community activities for kids, and then count the smiles.
$430 month is based on the gov't exchange rate that no one can get. The street exchange rate is U$1/10+ so that would make it less than Chile and a bit more than Brazil.
Jul 28th, 2013 - 12:50 am - Link - Report abuse 0For the moment.
What happens when the peso devalues after the elections?
@20
Jul 28th, 2013 - 01:14 am - Link - Report abuse 0Wow!! $1.270 a month! No way golly, that must be paradise! All that money just to burn off on whatever I want! I'm hoping on a narco made sub right now!
Oh wait:
average rent in Washington?
http://average-rent.findthedata.org/d/a/Washington
$1.300 right there. Ops!!... I guess I'd better get a second job, quick!
I need a car now:
Average car installment: 300 a month
oh... INSURANCE!
http://average-rent.findthedata.org/d/a/Washington
$150 a month.
$1.750 ... Still haven't counted GASONLINE.
gotta get that full time second job now!
Oh, taxes! FORGOT!
take 20% of that 1.270... that leaves 1.000! RED ALERT!
My second jobs gets me to 1.900 a months...
HEALTH INSURANCE? Forget it, can't afford that.
That would leave with two jobs 200 for food... Imagine if I have a family on that???
Ok, lets cut the car, lets imagine I have the guts to ride the non-existent american transportation in any city outside New York. That saves 500... but then lets say 150 goes for bus fares.
That leaves 400 for food. Ok, apply for food aid.
Shit. America land of opportunity?
Ok... lets imagine I make DOUBLE the minimum wage (3/4 of Americans do not make this) 2.500 a month.
Ok, 2.500 - 500 taxes - 1.300 house - 500 car - 150 gasoline = 50 dollars left!!!! shit, still need a second job (or my partner/wife got to work too).
Those days where one person could head a whole family are long gone, huh?
Ok, let's pretend I find a partner she/he makes 1.500... ok, that's a little better.
Still do we get insurance???
What do do?
And then food, and then heating, and then maybe a mortage instead of rent and all the insurance that comes with that? And saving for college? and dental? and water? electricity? internet? tv? newspaper?
Yeah, that's why everyone in America is so happy, right?
Who are these two above kidding. The vast majority of Americans are splashing in water, getting poorer, things more expensive and their currency is crapping.
America 21st century
You're such a dumb angry teen tobi. You really do make better sense as a voice in the cold cold mendoza when you suckle your mommies titties.
Jul 28th, 2013 - 01:32 am - Link - Report abuse 0Get a passport and visit you stupid fucking moronic mendozan sapper. Tell why they are not more middleclass in awful argentina with a 1700% rate increase in 10 years?
massive inflation.
Why two raises in 6months....20.2% in February and 25.2% now......45.4%. That is a massive raise in wage, yet is has not impact on wealth....why?
Massive inflation.
You live in the make believe world of the internet....spouting off as A voice in mendoza as if you know what reality is outside of your mommies mammeries. Suck her tit and get drunk on her lactatious liquid, allow yourself some comfort. La Capmora is killing you.
Is this where A_Voice jumps in?
PS
If you make $2,500 a month in the USA you are paying taxes close to no taxes. Go ahead....go to the IRS site and complete a 1040, 1040A or a 1040ez
Oh yes......and at 2500 a month.....they get government subsidies, rent, utilies and food......but no cash....they have a wage. And...just over 4% in the US earn a minimum wage.
A_Voice.....GO
Where did I ever state I am 1700% wealthier? where hey?
Jul 28th, 2013 - 01:39 am - Link - Report abuse 0In Argentina people do not pay for health insurance, housing, transportation, education, college, and many don't pay for food for their children, heating, meat, cable internet, and sport subscription.
That 430 dollars is basically pocket money.
How odd, when I lived there I paid for heath insurance, gas, rent, subte, food, restaurants, cable, internet, phone, groceries, cell phone etc etc etc. Everything I pay for here.
Jul 28th, 2013 - 01:45 am - Link - Report abuse 0You are such a f'cking liar.
Do you think none of us have ever been there?
What a childish fool.
Really... maybe because you don't have the same rights being a foreigner, and two because you CHOSE to pay for them?
Jul 28th, 2013 - 02:36 am - Link - Report abuse 0You are utter twat for calling me a liar when eveyone knows uni is free, health insurance is free, and the poor get TRABAJAR planes to feed their kids, free cable internet with Futbol, and most people in Argentina don't pay for their houses since they have them payed off.
The point is... those 3000 pesos don't have to go as far as in the USA, where people have to pay out of pocket many more things, its that simple really. Does that equalize living standards? No it does not... But to pretend that those “430 dollars” have to cover American-style expenses is quite simply a farcical, apples to oranges, and quite stupid argument.
Health care is free, unless you want good care
Jul 28th, 2013 - 02:40 am - Link - Report abuse 0Education is free, unless you want an education not from la campora. Get out tobi and wake up.
Sports subscription, that is a living essential, cable and internet? But as you said....many don;t pay for food, utilities, meat etc......unlike 4% outright. I had a friend that recently lost a job........430 pesos is what the unemployment insurance.
Tobi did I say you said 1700%? Where did I say you said that? I asked a question to you. Do you realize that a 1700% wage increase of minimum 2003 wage of 7.65 would pay 130 an hour our 270K a year here. The was over your head that is means nothing in Argentina because the 10% inflation from Indec is a lie. And even with the 25% increase this week, the unions say it does not cover inflation.
“She claimed that under Kirchnerism’s ten-year administration, the minimum wage has increased 1,700%, with her late husband and presidential predecessor, Néstor Kirchner coming into power in 2003 with a minimum wage that was at 200 Pesos.”
Why do not not stop blindly defending your Argentina? My country has serious flaws, but it is nothing in comparison to Argentina......debt ridden...yes, but 67% is also owed to Americans and more importantly, they are paid.
Ok fine, your country is ”better'... FILL IN THE BLANK person of this forum, your country is better. Yay!
Jul 28th, 2013 - 02:42 am - Link - Report abuse 0And??
Nostrils it's painfully obvious that not even you can lie any longer.
Jul 28th, 2013 - 06:43 am - Link - Report abuse 0You rarely if ever defend the actions of your government these days.
Trolly, only 1% earn the minimum wage, they aren't paying average rents, they are paying minimum rents, that are shared with others.
Jul 28th, 2013 - 09:06 am - Link - Report abuse 0Also, the minimum wage earner qualifies for free rent via S ection 8, takes the bus, often gets free full medical insurance via medicaid (depends on assets in), and gets a food debit card depending on the size of the household.
really, do you realize there's no poor people selling SQUARES of toilet paper in our public bathrooms? Why would u want that for ur people?
You realize poor kids get free breakfast, lunch, and uuuuuh SCHOOLBOOKS at school, in controlled.classrooms with..toiletpaper?.
The point is WHAT has caused that prosperity, so it can reach ARGENTINA'S poor kids.
Relative freedom and boring long-term thinking is part of the answer.
26. I called you a liar because you are a liar. If health insurance was free why would Swiss Medical/Medicus exist? You have free hospitals ( so do we) but they are unsanitary and dilapidated that I wouldn't take my dog.
Jul 28th, 2013 - 11:13 am - Link - Report abuse 0Why did I see people buying Subte/Train tickets or getting change for the bus? LIning up for gas for their privately owned cars?
Most people pay for their houses in Argentina? Yeah really? What about all the people who rent? Live with their parents until their 40s because they can't get a mortgage?
The point is you have no idea about the USA, we have the same plans for poor people that Argentina does, food, shelter, transportation, health care etc. Better plans and more of them.
It just proves you have been brainwashed your whole life and are nothing but an immature idiot who has no idea what the world is like outside of the slums he grew up in.
This is what the head of La Rural (agriculture) said about the government and cfk: It was a decade where the world offered us extraordinary opportunities, wasted completely,“said Etchevehere.
Jul 28th, 2013 - 12:40 pm - Link - Report abuse 0And contacting Cristina Kirchner said: ”the world Madam not dropped us over,. Her Government squandered those opportunities and wasted on subsidies, cheap politicking, populist practices, corruption and propaganda, the enormous amount of currency that the field produced in these years.“
In this assessment, utterly antagonistic to the officer, ”we stayed without infrastructure, without reserves of oil and gas, and we stayed for a little without the frigate freedom“. In this assessment, also ”destroyed the Indec, so, no data or actual statistics, hide the real poverty and real inflation”.
None of it is 'free'. It has to be paid for and that is the problem with the Argentine government, they are giving away more than they can afford to pay for.
Jul 28th, 2013 - 01:10 pm - Link - Report abuse 0From talking to people in Argentina they really don't want to use the 'free' healthcare and not only because you need to queue at dawn for an appointment and nothing much ever gets dealt with, but because of the snob factor. I am friends with people that would be classed as poor in most countries but their pride will not allow them to use the 'free' healthcare, education etc.
Elaine no one uses the free care in Argentina. If they have a job they most likely have private insurance co-paid with their employer. When I asked about the free care, they just look at me and shake they head and shiver. I heard, long lings and long waiting lists to get even the simplest of things taken care of.
Jul 28th, 2013 - 02:14 pm - Link - Report abuse 0I know someone there that lost their job a while back. I had asked about the free care and they still said they would rather pay out of their pocket.
Unemployment as a whole whopping 430 pesos.....and it took fours months of going back every couple of weeks to see is they found them in the system. Seems they hoped the frustration would mount to the point of not putting a claim in.
@17, 19, 26 Let's see whether you can manage a little intelligence. CFK is increasing the minimum wage in argieland by 25.5%. Except for public employees, this is money she doesn't have to find and pay out. What is the mechanism for asking private employers whether they can afford that? How many people will get made redundant, or be sacked, and have to go on welfare? When it comes to public employees, where is the money coming from? Taxes? Try this one. You finally leave your parents' house and have to fend for yourself. Mummy and Daddy aren't going to give you ANY money. Or ANY accommodation. Or ANY food. Nor are they going to pay ANY of your bills. You've got a job and you're on 3,000 pesos a month. You're pleased with CFK because her announcement means that your income is going to increase to 3,765 pesos per month. That's gross. You go into work and your boss tells you that you're out of a job. Because you're the last one he took on so you have to be the first to go. That extra 765 pesos, or more, has to be found for 5 other people. So you don't go from 3,000 to 3,765 pesos. You go from 3,000 pesos to zero.
Jul 28th, 2013 - 02:32 pm - Link - Report abuse 0See whether you can imagine it. Because, when you finally leave school, it could happen to you!
Do you actually understand what anything FREE is worth? Exactly what you pay for it! All those things you list. Someone pays for them. “Free” uni gets paid for from taxes. Same with “free” healthcare. Or do you think teachers and doctors work for nothing? Well, in the case of teachers, they probably do.
Everything here is a frustration. Nothing works. We need parts required by the gas company to fix our gas supply...which they cut off in 5 seconds because of a leak...which could have been rectified by just turning off the gas supply to the problem area....but were told the parts needed are sitting in the port...unable to come in as they are imports...and god forbid that anything should come into the country. Here is what the head of the agriculture group said about the whole government: The Decade, quotes, ´ganada' is another colossal lies of the official story.“ It was a decade where the world offered us extraordinary opportunities, wasted completely,”said Etchevehere.
Jul 28th, 2013 - 02:37 pm - Link - Report abuse 0And contacting Cristina Kirchner said: “the world Madam not dropped us over,. His Government squandered those opportunities and wasted on subsidies, cheap politicking, populist practices, corruption and propaganda, the enormous amount of currency that the field produced in these years.”
In this assessment, utterly antagonistic to the officer, “we stayed without infrastructure, without reserves of oil and gas, and we stayed for a little without the frigate freedom”. In this assessment, also “destroyed the Indec, so, no data or actual statistics, hide the real poverty and real inflation”.
36. At some point, and I think very very soon, the large Int'l mfg will pack up and leave Argentina. Companies want and need stability, how can you build cars without parts or gas? Chemicals without gas or electric?
Jul 28th, 2013 - 02:49 pm - Link - Report abuse 0Shutting down mfg even temporarily is not like turning on and off a light switch. It is a huge burden and one I think will force them to leave once and for all.
That will place 100s of thousands immediately out of work with nothing replace it with.
THe Ks have destroyed the country I think it will take at least a generation and maybe two to fix this horrible mess.
@34 Yes, pretty much what I heard. The doctors get extremely frustrated and only acute cases really get dealt with. A friend's mother with carpal tunnel syndrome was in agony and the doctor lied on the paperwork recording that she had broken her wrist in a car accident so she could have an operation.
Jul 28th, 2013 - 04:13 pm - Link - Report abuse 0Can you imagine 430 pesos a month to live on for unemployment? 107.50 pesos a week. At the official rate that is less than 20 U$, the close to reality blue rate that is 12.63......they know how to take care of their people alright.
Jul 28th, 2013 - 08:37 pm - Link - Report abuse 0Argentina's economic policies are Argentina's to make and the USA, EU, UK et al have no say in the matter. They only make themselves look like fools in their pathetic and failed attempts to try to meddle in those affairs.
Jul 28th, 2013 - 08:43 pm - Link - Report abuse 0The world knows you have some more closer to home issues to attend to.
The voice from mendoza speaks a fact, but his point is irrelevant. You should go to Walden Pond and meditate. You can see Boston from 2/128, it's not far tobi. Does your mom support you on 15.40 pesos a day tobi?
Jul 28th, 2013 - 09:43 pm - Link - Report abuse 0Yes I speak a fact...tell me what civilized country shuts off your gas in the middle of winter? Can't cook, can't shower, and have to rely on electric heat at prices through the roof because I live in a private barrio. And...am told by the gasista that I will probably have to pay a bride to the ECO GAS inspector to get my meter back and my gas turned back on. Think about it....
Jul 28th, 2013 - 10:26 pm - Link - Report abuse 0Yes, everything is “swell”:
Jul 28th, 2013 - 11:01 pm - Link - Report abuse 0http://finance.yahoo.com/news/exclusive-4-5-us-face-175906005.html
Yeah yeah tobi. Is that the best that you can do is a article written with con concatenated stats. I read that at breakfast and it must be written by the tea party. While times are tough in the USA and NO ONE here disputes that, the numbers make no sense. 4 out or 5.....80%. 19% of the workers earn over 75k a year 26% earn over 50%. As I said, you can't concatenate stats, derive a new number and claim X is happening. But other than that.........yes, it is the worst downturn the USA has seen in 70 years, but not as bad as Argentina.
Jul 29th, 2013 - 12:25 am - Link - Report abuse 0Where did I say everything is swell? As I ask a voice from mendoza?
Well applying that logic, Argentina is paradise compared to basically anywhere else on this continent, central America, Africa, Middle east, Indian subcontinent, and most of Asia.
Jul 29th, 2013 - 12:31 am - Link - Report abuse 0That's about 80% of the planet that is worse off than us.
“or at least parts of their lives”
Jul 29th, 2013 - 12:38 am - Link - Report abuse 0READ NOSTRILS READ.
“Four out of 5 U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives”
If I lose my job and look for work for just ONE MONTH in my entire life, then I would fall into that category.
As for poverty levels at 15%. Every country measures this differently. But considering you can't argue or critically think then I doubt that that concept has been entertained by you.
http://www.forbes.com/sites/paulroderickgregory/2013/06/09/poverty-and-hunger-in-america-a-letter-from-the-front-line/
What the hell are you studying at university Nostrils? I sure as hell hope it is something that entails rote learning such as languages because you rarely show any abilities that entail actually thinking.
Ok.
Jul 29th, 2013 - 12:44 am - Link - Report abuse 0You realize 'economic security' means something different in the U.S. than Argentina, riiight?
So that article defines 'economic insecurity' in the U.S. included someone who got like, a food debit card for twelve months in their whole life.
Well, even upper middle class kids, if they're leaving home for the first time, do that. It's common for here.
Depending on the state, you're allowed to own up to an $8k car (and used cars depreciate like a ROCK here). Up to $2k in savings. And fully own the primary residence. And u qualify.
I was talking a few months ago to a young single mom on assistance- who was showing me her iPad. After she had parked her car. On her way to the little shack she owned.
(By the way, she is SUPERSTOKED on her new job-full time $11 an hour making salads and desserts. Working in the kitchen with her family she loves at a beautiful tourist spot.)
I know someone, this time Caucasian, whose dad inherited millions, and works a sUpEr-interesting part time job. He took the card because he qualifiesit helps. That's his dad and his taxes annnyywaaay.
Be open to money!
Every socioeconomic class gets help from the community.
As a libertarian, I'd love to see this all evolve to free-will giving.
p.s. that article Trolly put up is kind of enraging.
Jul 29th, 2013 - 04:49 am - Link - Report abuse 0instead of helping south americans or even africans with entrepreneurship inveestment and solar-those 2 backwoods whiteys get $1,800 a month in free money and obviously own their shack and stand. While the was selling the free painkillers she got from medicaid.
Disability checks-isn't at least a third granted for unspecified conditions? 1 of 3 Americans receives them before 60. It's independent of personal income or assets.
So if the wages aren't enough to inspire anyone in that family (who can clearly move to.anywhere in the country-my realityshow idea is that we trade them for some ppl in the developing world that would like to contribute.
#45 tobi, give the patroll a rest, it's getting old. I think we really miss the African during the Libertad Hostage Crisis...even TTT, or the Pope........a voice from Medoza knows what I mean..... I
Jul 29th, 2013 - 04:35 pm - Link - Report abuse 0I personally loved Mr.Giorgio Soukalos best, but I guess I'm in the minority here.
Jul 29th, 2013 - 05:19 pm - Link - Report abuse 0Let's not forget the Japanese. Though Pope was a bright with the appointment of Francesco. Balance them out a little more.
Jul 29th, 2013 - 06:08 pm - Link - Report abuse 0What was the African's name again?
I can't remember but he'll contact me soon. He's ongoing expansion of the jade & obsidian trade along the coast in summer is paying him handsomely.
Jul 29th, 2013 - 06:17 pm - Link - Report abuse 0With your multi persona's, are you not an understudy thespis?
Jul 29th, 2013 - 07:34 pm - Link - Report abuse 0@49 Poppy, Lol
Jul 29th, 2013 - 09:37 pm - Link - Report abuse 0How does your friend get the obsidian and jade into the country? You'd think HIV and Cancer meds would be a bit higher on the gov't priority list.
Jul 29th, 2013 - 10:07 pm - Link - Report abuse 0Toby, You are such and immature fool I hope someday you realize it before it is too late.
Wow some people here have severe vitamin deficiencies. Like vitamin H.
Jul 30th, 2013 - 12:01 am - Link - Report abuse 0FYI tobi....A_Voice is probably the most of a bore.
Jul 30th, 2013 - 11:55 am - Link - Report abuse 0Commenting for this story is now closed.
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