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Cristina Fernandez ally union admits 18.8% (7 million) of Argentines are under the poverty line

Wednesday, May 14th 2014 - 00:24 UTC
Full article 15 comments

At least 7 million Argentines, or 18.8% of the population, currently find themselves under the poverty line, with 1.7 million (4.2%) classed as in extreme poverty or indigence, according to a new report from the Argentine Workers' Central (CTA) union headed by the Cristina Fernandez government ally Hugo Yasky. Read full article

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  • The_Truth_shall_B_Trolld

    Of course Yankeeboy insists poverty equals non-civilization, but this is the finest example of it:

    http://news.yahoo.com/police-5-shot-near-high-school-atlanta-214818292.html

    What a febrile, misguided being.

    May 14th, 2014 - 03:09 am - Link - Report abuse 0
  • Teaboy2

    Mean while........ CFK is being investigated for “abuse of power, dereliction of duty and attempted environmental damage.” - https://uk.news.yahoo.com/argentina-court-oks-inquiry-president-over-chevron-deal-013933211.html#St8ONcB

    HAHAHAHAHAHAHAHA LMAO

    Fine example CFK gives to your poverty stricken children i.e. lie, cheat, bribe, abuse your position to make extra money (fraud in other words). i'm sure i heard that the THAI pm was ousted as a result of similar allegations leading to a court decision!!

    May 14th, 2014 - 04:10 am - Link - Report abuse 0
  • ilsen

    Hey! TTT boy!

    Because you didn't comment on this article = you are a troll.

    Yankeeboy has not commented. Yet you attack him (weakly).

    You are a troll.

    Tosser.

    For other posters, who are actually interested in Lat Am Politics, I would like to point out that this survey is based on the ARGENTINE Index for Poverty, not any European equivilent.

    May 14th, 2014 - 04:34 am - Link - Report abuse 0
  • CabezaDura2

    If officialist CTA says 18.8% then its probably 40 to 50% poverty.
    A lot of people seem to have indebted themselves too in the recent years....
    And these indexes dont meassure indebtness of people.

    En ese marco, el stock de préstamos personales casi se duplicó en los últimos dos años: de 58.100 millones de pesos a fines de 2011 pasó a 75.000 millones al último día de 2012 y a 98.000 millones al finalizar 2013, según cifras del Banco Central de la República Argentina (BCRA)

    http://www.lavoz.com.ar/finanzas/crecen-los-prestamos-personales-para-adelantar-consumo

    Since 2011 consumption levels have being kept whith further more credit. Now a lot of people will have a fair degree of trouble paying back the loans in a resession enviroment and salaries falling short behind inflation and interests rates increasing.

    I dont know how an earth they take a loan anyway these days, if they know they cant pay it back.

    May 14th, 2014 - 08:52 am - Link - Report abuse 0
  • La Patria

    7 million in debt and increasing crime..........Cristina needs Argentina to have a good World Cup or el gran pueblo will really erupt into chaos if things don't improve.

    May 14th, 2014 - 09:20 am - Link - Report abuse 0
  • yankeeboy

    I think CFk will leave office with as many people under the poverty line as her husband started with.
    The auto industry says 165K people are at risk of losing their jobs in the medium term.
    That's a lot of strain on the gov't budgets.
    Their solution will be to print more pesos.
    Just wait.

    May 14th, 2014 - 11:00 am - Link - Report abuse 0
  • Conqueror

    Income $1,000, expenditure $999.99 = wealth. Income $1,000, expenditure $1,000.99 = poverty. CFK = greed! How come she has millions more than she had when her crooked “husband” got into power and “her” people have millions less? With her “caring” approach, shouldn't she be giving her money to the poor?

    May 14th, 2014 - 11:35 am - Link - Report abuse 0
  • Tobers

    As soon as CFK started weeping about the all the good work she was doing in increasing social inclusion Argentines should have simply said

    ´wait! stop there! You are a multimillionaire who clearly craves wealth, power and you clearly belong to the 1% richest people in the country´

    Its one thing to be a politician in general that craves wants wealth and power but for fucks sake to be a multimillioniare politician going on about 'social inclusion..social inclusion..soci......?!

    This is the point where integrity was clearly lost and Argentines have to ask themselves why they have tolerated this massive contradiction and insult in the first place?

    I don' t necessarily agree with Mujicas politics but at least the guys got integrity.

    May 14th, 2014 - 01:12 pm - Link - Report abuse 0
  • ilsen

    La Patria has a good point there.

    Crass-tina needs a circus style tub-thumping patriotic jamboree distraction, and fast. .

    She must be praying that Argentina win the World Cup.

    May 14th, 2014 - 02:13 pm - Link - Report abuse 0
  • Pugol-H

    If they do, then she really will think “God is on her side”, and probably try invading the Malvinas again.

    May 14th, 2014 - 03:46 pm - Link - Report abuse 0
  • ChrisR

    @ 8 Tobers
    “I don' t necessarily agree with Mujicas politics but at least the guys got integrity.”

    You think?

    Oh dear, start by reading about all his mates that have helped themselves to our money (I pay taxes in Uruguay) after he gave them government jobs and he does nothing about it.

    Integrity, yeah, NOT!

    May 14th, 2014 - 04:55 pm - Link - Report abuse 0
  • GeoffWard2

    Only 5 in every 100 in deep poverty .... somewhat hard to believe!

    Conq #7, we are talking NO $/peso income. That's pretty poor in my language.
    In the UK such people are taken into hostels/YMCA etc, but in AR, with a string of kids in tow, is the hostel an option? No, the street.

    May 14th, 2014 - 05:38 pm - Link - Report abuse 0
  • Conqueror

    @12. Really? Who did they take the $50 food basket from in exchange for their vote? They get what they deserve. Are there any hostels/YMCA etc? Why not? Greed on the part of the political/selected commercial class. The poor will have to die until they recognise that they need to kill the greedy. And then start again. Throwing the spanish arrogance away or stamping it into the dirt.

    May 14th, 2014 - 07:02 pm - Link - Report abuse 0
  • ricagp

    11

    Mujica, Dilma and Bachelet are the kings of integrity in comparision to Cristina. She is not just another leftist liar - she plays in another league , the same that Maduro plays.

    May 14th, 2014 - 07:24 pm - Link - Report abuse 0
  • yankeeboy

    Nice amount of people turning out to strike today. Traffic is at a standstill.
    I am so glad I don't live there any longer.
    I got so tired of this nonsense all the time.

    May 14th, 2014 - 08:25 pm - Link - Report abuse 0

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