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Argentina's poverty index closer to “25% than to the official 5% from Indec”

Friday, April 25th 2014 - 05:56 UTC
Full article 49 comments

Argentina's stats office, Indec failed on Wednesday to deliver the country's poverty and indigence rates due to “methodological” reasons, the head of ministers explained on Thursday morning adding the measurement of the basic basket “differs totally” from CPI’s calculations. His comments triggered a cataract of criticisms. Read full article

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  • Brit Bob

    Just love INDEC. Just love the way it distorts the truth to hoodwink the Argentine electorate away from reality in much the same way as the politicians spread the 'great Malvinas lie.' Lol.

    Apr 25th, 2014 - 08:14 am - Link - Report abuse 0
  • bushpilot

    “it will be because the methodological problems have been resolved”

    The reporting problems are going to be “resolved”. I can't wait for this! This is going to be an extra magnificent crock.

    I bet they just don't release anything because, “we just weren't able to resolve things”. (Due to the complex mathematical equations we used)

    Apr 25th, 2014 - 08:31 am - Link - Report abuse 0
  • Mendoza Canadian

    The fools can't add two and two...

    Apr 25th, 2014 - 10:34 am - Link - Report abuse 0
  • ChrisR

    Is this “Graciela Bevacqua, also a former head of Indec, sacked by the Kirchner couple“ the person who was embarrassing the dastardly duo by telling the truth? I bet it is and she should come back when the new president (poor sod) takes over.

    If not and the system remains as now it will be a sure sign that it’s “carry on as usual” and full speed into the floor from a great height.

    Apr 25th, 2014 - 11:38 am - Link - Report abuse 0
  • yankeeboy

    3. They can add, the problem is when they added it came up to a 37% poverty rate and they all knew they'd be dead if they released it.

    Bahahahaha
    Maybe I was wrong with my 50% poverty rate by next year. I see Renault just laid off 800 people.
    I think that's the 2nd car mfg idling workers
    Wait until they all pull out
    That will be fun to watch.

    Apr 25th, 2014 - 11:49 am - Link - Report abuse 0
  • Jonaz_BsAs

    The inflation is ravishing the Argentine people; I personally know a lot of people who can't eat properly these days. If you think - @yankeeboy - that this is “fun to watch” you are a f*@ing psychopath. Not cool. Not at all.

    However, Argentina's problem isn't guys like yb, rather being under the rule of the worst government, including the military dictatorships, that Argentina has ever seen.

    Apr 25th, 2014 - 12:14 pm - Link - Report abuse 0
  • yankeeboy

    Jonaz, It is fun to watch how the gov't has fleeced its citizens, absconded with U$ Billions, devastated the economy for a generation while the idiotic population took gov't handouts to look the other way.
    All while saying the party will never end.
    It ended
    Won Decade indeed.

    I like watching it.
    From afar

    My hope is the population wakes up and finally elects an honest gov't, lives by the rule of law, pays it debts, lives up to its Int'l commitments, and the citizens learn to work for a better life and not live on handouts.

    My bet is that they will elect someone just as corrupt and evil as the Ks.

    At some point you MUST blame the citizens for their shortsightedness and idiocy.

    I do

    Apr 25th, 2014 - 12:39 pm - Link - Report abuse 0
  • Tobers

    Yankeeboy is right. After the default in 2001/2 Argentines should have considered that it would take a generation to fix the inherent institutional problems that created the environment for it to happen. However just 2 or 3 years after the biggest national default in history Argentines were willing to believe that with the Kirchners at the helm their problems were over. They just wanted to believe it. The problem is with the constant nationalistic agenda which encourages Argentines to believe that the country is emotionally united that state is responsible for everything and all problems are the fault of someone else.

    Not saying the UK or the US or Europe have all the answers but Argentina has too much to be in the position its in.

    Apr 25th, 2014 - 02:38 pm - Link - Report abuse 0
  • Pugol-H

    Defiantly not “fun to watch”, especially if you have friends in Arg.

    However at some point, Argentinians, do have to take some responsibility for the governments that they are electing.

    No one “imposed” this shit on them.

    Apr 25th, 2014 - 03:45 pm - Link - Report abuse 0
  • Welsh Wizard

    @9 Point taken but there are still a huge number of people in Argentina (educated and uneducated) who will recognise that the government has fcuked up but will also compalin that it is really due to the fact the the world always screws them really this is someone elses fault...the government never had a chance...international banksters...etc. The Usual Guff. then it will start all over again

    Apr 25th, 2014 - 04:41 pm - Link - Report abuse 0
  • yankeeboy

    I think you are mistaking my “fun to watch” statement. I am not talking about the population starving, its more the gov't scrambling, lying, fleeing, I love love love watching the Kidiots watch as all of their lies are not coming to bear on them.
    And all of our resident Rg retards that believed all the crap they were fed, called me every name in the book and told me I was wrong for oh so many years and now they have now disappeared.
    I thought that would happen though.

    Apr 25th, 2014 - 06:05 pm - Link - Report abuse 0
  • MagnusMaster

    The people will never take responsibility for anything that the government have done. They would love to see every single politician pay for the crimes (and the debt) but the people themselves aren't going to do squat but complain to the government, and they sure aren't ever going to pay a single cent of the debt or work harder than they are. Actually everyone in Argentina thinks they are working like slaves, even the public employees.

    Apr 25th, 2014 - 06:07 pm - Link - Report abuse 0
  • reality check

    Isn't there a saying that you can, “Fool some of the people, some of the time but you can not fool, all of the people, all of the time?”

    Pretty sure there is.

    Apr 25th, 2014 - 06:11 pm - Link - Report abuse 0
  • yankeeboy

    Something serious is going on, the dollar blue is almost back to 11, it really shouldn't be this high this time of year.
    I wonder if the Soy sales aren't making up for the drastic drop in Auto sales?
    I wonder if the Farmers are holding out for another devaluation?

    Anyone want to hazard a guess?
    I'm stumped

    Apr 25th, 2014 - 06:40 pm - Link - Report abuse 0
  • ChrisR

    @ 14 yankeeboy

    Utter desperation to get rid of the argie arsewipes I would imagine.

    The dastardly Yankee Dollar at any price? :o)

    Apr 25th, 2014 - 06:57 pm - Link - Report abuse 0
  • CabezaDura2

    12

    You were right about Miss Durlock Vidal though. I had high hopes for her in Provincia as she can potentially take many peronist votes away from Scioli or Massa.

    Any Conurbano townhall she visited the Barons were already demanding stuff from her before the elections. PRO doesnt have that kind of money to play in that district. Nowbody can control the Conurbano if you don't have the national coffers behind you.

    http://www.urgente24.com/225978-vidal-regresa-a-la-ciudad-y-complica-los-planes-de-macri-michetti-larreta

    Apr 25th, 2014 - 07:59 pm - Link - Report abuse 0
  • Conqueror

    @6 You don't seemn to understand. We had to watch your faggot “country” invade the totally peaceful Falkland Islands. We had to send a Task Force to kick you off OUR territory. 255 of OUR men died. Killed by psycopathetic imbecilic criminal cowards.

    As usual, you seek to excuse yourself. “It wasn't us, it was the junta.” And yet YOU turned out in tens of thousands to “celebrate” the “victory” of tens of thousands of fully-armed and equipped argie troops over 1,500 peaceful Falkland Islanders. What a shame about the arrival of 10,000 fully-armed, equipped and supported British troops. Seems to have screwed your plans to invade Chile as well.

    If you think anyone cares about what happens to argieland, think again. Starve. Scrounge. Lie. Cheat. Slugs.

    Apr 25th, 2014 - 08:05 pm - Link - Report abuse 0
  • yankeeboy

    OMG the trade balance fell 95% this month! HTF is that possible? Something is wrong. Very very wrong.
    I wonder what is going on.
    Either the farmers aren't selling
    or
    there is nothing to sell.
    It is going to be very cold in Arg with no fuel.

    Apr 25th, 2014 - 08:55 pm - Link - Report abuse 0
  • St.John

    @ 8 yankeeboy
    “Either the farmers aren't selling
    or
    there is nothing to sell.”

    Neither, it's the opposite, no pull as the Chinese aren't buying.

    “Massive soybean defaults loom as China buyers play hard-ball: top buyer”
    http://www.reuters.com/article/2014/04/17/us-china-soybeans-idUSBREA3G0XB20140417

    Apr 25th, 2014 - 09:17 pm - Link - Report abuse 0
  • yankeeboy

    Argentina better hope they end up buying soon. Even if its at a loss the country can't make it through winter at this rate.
    BA would be a very ugly city without gas to heat their food and to warm their houses.

    Apr 25th, 2014 - 10:18 pm - Link - Report abuse 0
  • The Chilean perspective

    6 Jonaz_BsAs & Yankeeboy......
    I can understand why Yankeeboy derives so much guilty pleasure from watching the improvised circus show over in Argentina, I feel the same emotions. The Argentines are a unique species, the first country in the modern era to have “developed” their way to the bottom, having once been the 6th largest economy in the early 20th century. As a Chilean, our infinitely poorer country, both in terms of human capital and natural resources needs the CFK regime to continue. We need to have this example of what NOT to do; right in front of our faces! Because in Chile there is an abundance of ignorant people who believe that the state should take responsibility for everything.
    These leftist hordes scare me to f#@king death. My whole life I have waited for two things to happen, one ...That we become a developed economy and two... That we win a world cup. That's all, is it too much to ask????

    Apr 25th, 2014 - 11:22 pm - Link - Report abuse 0
  • CabezaDura2

    Yep the Chinese are buying 59% less soy and it seems they haven't even started to default on their commitments.

    Apr 25th, 2014 - 11:36 pm - Link - Report abuse 0
  • Chicureo

    #21
    The left here in Chile scares me also, but a heck of a lot less than when we were living during the U.P. It will be interesting to see how our president handles China's economic slowdown and still maintain our economic growth.
    As far as the World Cup.... ...in our dreams...

    Apr 26th, 2014 - 03:41 am - Link - Report abuse 0
  • yankeeboy

    You are not alone in your fear of Progressivism/Collectivism. I think Obama has over reached with his massive gov't intervention into people's lives. It looks to me like we will have a Conservative take over of the Senate this year. That should stop his Socialist agenda in its tracks.

    Apr 26th, 2014 - 11:07 am - Link - Report abuse 0
  • earsup

    Quite uncommon that the government admits there are internal problems.

    Apr 26th, 2014 - 11:16 am - Link - Report abuse 0
  • Mendoza Canadian

    And the newspaper reported today in Mendoza that the poverty rate is 30%. And this is supposed to be a “rich” province. As for the work ethic, they still adhere to the siesta in the afternoon outside of BA. Four rush hours per day, and to me it seems that nothing ever gets done. Very inefficient. And just try to get someone to do work for you...next to impossible.

    Apr 26th, 2014 - 11:28 am - Link - Report abuse 0
  • The Chilean perspective

    Yankeeboy, I'm no fan of Obama. He has lied all the way through his administration, but as far as I can see he's no different to the so called conservatives he replaced. In fact he has continued most of the policies of the past administration. Even his signature “Obamacare” corruptly hands millions of new customers to the insurance companies with the threat of penalties to citizens who do not comply and purchase coverage. Turns out he's just a scammer, a front man for the crooks in wall street and big oil. No different to Bush. You guys have a straight forward constitution which clearly indicates the parameters that the federal government has to operate within, I hope one day a leader will rise who will honor that document, before it's too late.

    Apr 26th, 2014 - 11:50 am - Link - Report abuse 0
  • yankeeboy

    Who says GWB was conservative? Certainly not me. He was a much better and more pragmatic Prez than Obama.
    Obama wasn't qualified to do the job. I think it was white guilt that got him there and kept him there this long.
    There's lots of push back right now from conservative across the USA. I think every 30 yrs we need to be reminded why Progressivism/COllectivism is a failure. I hope it is reflected in the next election.
    We'll see shortly

    Apr 26th, 2014 - 12:00 pm - Link - Report abuse 0
  • Don Alberto

    It seems to be the American version of progressivism/collectivism that is a failure. The Netherlands and Scndinavia show how it should be done, but the US is a slow learner. “Why? Among the reasons: This country has lost its once-wide lead in educational attainment.”

    “The American Middle Class Is No Longer the World’s Richest”
    “After-tax middle-class incomes in Canada — substantially behind in 2000 — now appear to be higher than in the United States. The poor in much of Europe earn more than poor Americans.”
    “Incomes for the middle class and poor in the United States have been growing more slowly than elsewhere. Why? Among the reasons: This country has lost its once-wide lead in educational attainment.”

    http://www.nytimes.com/2014/04/23/upshot/the-american-middle-class-is-no-longer-the-worlds-richest.html?emc=edit_th_20140423&nl=todaysheadlines&nlid=22556469&_r=1

    http://www.nytimes.com/2014/04/23/upshot/the-american-middle-class-is-no-longer-the-worlds-richest.html?emc=edit_th_20140423&nl=todaysheadlines&nlid=22556469&_r=1

    Apr 26th, 2014 - 03:37 pm - Link - Report abuse 0
  • yankeeboy

    29. Norway is doing well because they have a TINY population and OIL. The rest of them, not so much. Norway is also having HUGE strains on their society with just a few years of open immigration. Give it a few more years and lets see what happens to the Socialist dream.

    Your other links prove my point with the Progressive/Collectivism ruining the middle class over the Obama years and a massive recession caused by too much Social spending. It will recover as soon as the idiot is gone.

    Apr 26th, 2014 - 05:58 pm - Link - Report abuse 0
  • Don Alberto

    “The rest of them, not so much.”

    Documentation wanted.

    Last week Denmark received a renewal of it's AAA rating.

    Apr 26th, 2014 - 06:19 pm - Link - Report abuse 0
  • yankeeboy

    http://socialismdoesntwork.com/
    http://socialismdoesntwork.com/

    Here are some web site to get started on. I really can't educate you on economics on a web board. Take a look at the article specifically on Denmark.
    BTW The USA blows away the living standards of all of those “Socialist Utopias” .

    Apr 26th, 2014 - 06:29 pm - Link - Report abuse 0
  • Jonaz_BsAs

    The Scandinavian countries aren't socialist. If you need a label, they are 'social democratic' - a huge difference. Heck, Norway's percentage of GDP that is gov't expenditure is almost the same as US - 43,9% vs 41,6%.
    http://en.wikipedia.org/wiki/Government_spending
    I guess that makes the US a socialist country as well?

    The Scandinavian countries are also doing pretty well economically:
    http://en.wikipedia.org/wiki/Government_spending

    You seem to be somewhat informed about Argentina, yankeeboy, Scandinavia not so much. Maybe you shouldn't watch FOX News so much?

    Apr 26th, 2014 - 06:56 pm - Link - Report abuse 0
  • Don Alberto

    @ 32 yankeeboy

    “Here are some web site to get started on.”

    I studied national economics under prof. Stephenson and for almost 30 years I have spent 4-6 months each years in the Scandinavian countries - and you want to “educate” me.

    Apr 26th, 2014 - 09:27 pm - Link - Report abuse 0
  • yankeeboy

    Apparently you need it. It must be sad for you that you've wasted so much of your life.
    Sorry.

    Apr 26th, 2014 - 10:37 pm - Link - Report abuse 0
  • Don Alberto

    Let's see what Forbes, this infamous communist nest has to say.

    Forbes' ranking of best countries to do business in 2014:

    1 Ireland
    2 New Zealand
    3 Hong Kong
    4 Denmark, Scandinavia
    5 Sweden, Scandinavia
    6 Finland, Scandinavia
    7 Singapore
    8 Canada
    9 Norway, Scandinavia
    10 Netherlands
    11 Australia
    12 United Kingdom
    13 Belgium
    The United States isn't even there!

    It comes in as a modest no. 14.

    http://www.forbes.com/best-countries-for-business/list/

    How about 2011?

    1 Ireland
    2 New Zealand
    3 Hong Kong
    4 Denmark, Scandinavia
    5 Sweden, Scandinavia
    6 Finland, Scandinavia
    7 Singapore
    8 Norway, Scandinavia
    9 United Kingdom

    The United States isn't even there!

    It came in as a modest no. 10.

    http://www.forbes.com/best-countries-for-business/list/

    CIA Factbook, Current account balance:

    7 Norway
    15 Sweden
    16 Denmark
    193 United States

    http://www.forbes.com/best-countries-for-business/list/

    A couple of unpleasant surprises for an ignorant yankeeboy.

    Apr 27th, 2014 - 12:33 am - Link - Report abuse 0
  • Jonaz_BsAs

    Oh, yankeeboy - you're such a douche (and your pen name is kinda gay)

    Apr 27th, 2014 - 12:35 am - Link - Report abuse 0
  • yankeeboy

    36. Thank you for worthless data points that have nothing to do with our conversation. It is much appreciated.

    37. Great come back! Did you learn that in 3rd grade?

    Apr 27th, 2014 - 01:43 am - Link - Report abuse 0
  • Don Alberto

    According to the national economical genius yankeeboy it does not matter if a country is one of th best to do business in, and you are the happier the worse your current account balance is.

    I won't waste more time debating with a zero.

    Apr 27th, 2014 - 04:06 am - Link - Report abuse 0
  • Jonaz_BsAs

    @yankeeboy
    Well, as you should know - after having resided in Argentina for a longer period: the one and only word with the postfix “boy” in Argentina is “Taxiboy”, which is a gay prostitute. My intentions with comment 37 were solely educational. If you, however, in fact are a male prostitute, I want you to know that I don't discriminate against your choice of profession - I only thought you should know.

    With regards to Scandinavia: The nominal GDP per capita is higher in Scandinavia than in the US and has been so over the last 30 years. Only a guy who gets his cues from Sean Hannity would cite the size of the country as a factor of Scandinavia's success.

    Apr 27th, 2014 - 08:31 am - Link - Report abuse 0
  • yankeeboy

    39. I am sorry you wasted 30 years of your life studying something you still don't understand. Seriously 30 yrs? Poor thing.

    40. I think the correct response I learned in 3rd grade was “ I know you are but what am I” Then repeat as needed.

    BTW can you tell me how their higher “nominal gdp” gives them a lower standard of living than the USA? My poor Norwegian friend just had to move back to Oslo and absolutely hates it. He did everything he could to try to stay in the USA rather than going back to live in an expensive studio and give up his car. He even shipped all his furniture etc from here because it is too expensive to buy it there.
    Riddle me that genius.

    Apr 27th, 2014 - 09:00 am - Link - Report abuse 0
  • toooldtodieyoung

    18 yankeeboy

    I wonder what is going on.
    “Either the farmers aren't selling or there is nothing to sell.”

    Was there a story on last month about massive storms in argentina which had devastated soybeans and cereals?

    Actually, it was this month ( oooopps!! ) Printed on 09th April 2014 and here is the link:-

    http://en.mercopress.com/2014/04/09/latest-storms-and-rainy-weather-could-cost-argentina-3-million-tons-of-soybeans

    Maybe this is one of the reasons you are seeing the data that you are seeing

    Apr 27th, 2014 - 09:10 am - Link - Report abuse 0
  • Jonaz_BsAs

    @yankeeboy

    So you know one - 1 - poor Norwegian and you make him your statistical evidence? Not exactly a master in quant are we? With such math skills you better lube up and get back to work, y-boy - rational thinking clearly isn't your game.

    Apr 27th, 2014 - 10:49 am - Link - Report abuse 0
  • yankeeboy

    43. Actually he's not poor, he's in his 20s with a great job at NATO. He lived very well here but can't live well there.
    That's my point.

    You are crude and disgusting.
    You must be of very low birth.

    Apr 27th, 2014 - 12:47 pm - Link - Report abuse 0
  • Jonaz_BsAs

    You can dish it out (“Rg”, laughing at starving children etc) but you can't take it, huh? Typical psychopathic behaviour. You know what the best way to deal with a psychopath is? Punch him in the face. Over and over again. I rest my case.

    Apr 27th, 2014 - 01:30 pm - Link - Report abuse 0
  • yankeeboy

    Ah now advocating violence, you obviously are of very low birth with no manners and a poor education.
    I await your brilliant retort

    Apr 27th, 2014 - 01:39 pm - Link - Report abuse 0
  • ChrisR

    @ 46 yankeeboy

    Awww come on yankeeboy, you know Jonaz_BsAs is only dreaming! I mean punch a psychopath repeated in the face and he comes from BsAs. What a joker!

    The only people who get punched in the face repeatedly are old ladies when they are being mugged! What a bunch of cowards unless there are at least five of them for each old lady.

    You see this crap all the time on the videos Clarin post.

    The latest one involved two “heroes” who, when a motorcyclist pulled up at a road junction, it took both of them to pull him off his bike and then they rode off. A policia patrol spotted them and called in the policia ute to catch them. The heroes never looked behind them (nobody from SA ever does in a car or on a moto, especially the argies) and the twats pulled into a car park just as the policia got there as well.

    Out of the open passenger window of the ute came the usual 12 gauge pump shotgun and the pair of them put their hands up straight away, probably crapped their pants as well.

    I reckon Joan Baez would be able to floor this little hero who has (almost) nicked her name.

    You just have to laugh!

    Apr 27th, 2014 - 04:46 pm - Link - Report abuse 0
  • Troy Tempest

    29 Don Alberto

    ““After-tax middle-class incomes in Canada — substantially behind in 2000 — now appear to be higher than in the United States. ”

    Living in Canada, and a “cross- border shopper”, I can tell you that even if we earn more than the US Middle Class, our purchasing power is far less than that of our US neighbours.
    Everything costs less in the 'States, except Health Care.
    Some things cost SUBSTANTIALLY LESS, homes and property for a start, cars are 20% less in the US, food, clothes, fuel, air travel, taxes, you name it - cost of living is far lower.
    The point being, your comparisons don't show the true picture - the US Middle Class still has it really good.

    Apr 27th, 2014 - 10:59 pm - Link - Report abuse 0
  • RICO

    25%? After the years of the Kirchner economic miracle? What will happen whe. Argentina hits hard times?

    Still plenty in Argentina living high on the hog. I do not see prominent mentally ill people cutting back on their cosmetic surgery. Trade unions with close links to the Victory Front are still seeing 25%+ pay settlements while others are restricted to the old official inflation rate of 8%.

    I predict it will be 15 Peso to the Yankee dollar by the end of the year.

    Apr 29th, 2014 - 06:06 am - Link - Report abuse 0

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