Latin American poverty and extreme poverty rose in 2015/16 following a decade of decline

Tuesday, January 2nd 2018 - 06:20 UTC

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Poverty and extreme poverty levels rose in Latin America as a regional average in 2015 and 2016, after more than a decade of declines in the majority of countries, while in 2017 they are expected to hold steady, the Economic Commission for Latin America and the Caribbean (ECLAC) said. Read full article

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TimothyMacAren
I understand that you at Mercopress are interested on businesses, are capitalists, and hate social tranquility, but why the malice of now, when you have fascist governments all over Latinamerica, and you are making obscene monies, still you insist and keep sinking knives in the mind of the peoples? Sorry, but I do not understand your thought processes.
Argentina, Uruguay, Ecuador, Bolivia, Venezuela, had wonderful growths with their timid socialist policies the last decade until 2016 when the black-hands got their ways. Why you still throw mud on those so-short moments of shine that Latinoamerica had? Shut up and suck your milk now. Keep destroying with your rapacity those countries and keep dividing those societies now, but stop foul-mouthing those heroes of yesterday. You can never ever jamais even polish their shoes, because you are infected with avarice and destructiveness. Stop it.
Jan 02nd, 2018 - 02:55 pm - Link - Report abuse -1
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RICO
Obviously if you fund your government programs by taxing the future, when you get to the future it will result in hardship because you need to pay for the unfunded programs from the past. In addition you have to ask why if these governments were so successful why did the people replace them?

Argentina was always announcing growth but at the same time their statisticians were fired and replaced with government loyalists and anyone who published independently collected statistics were prosecuted. Is it any suprise that there is a correction in government statistics now.

Venezuela still have a left wing government. However when the oil price was high there were government services for everyone, now you have to be close to government to benefit from the countries wealth as the socialists look after their friends while leaving the rest of Venezuelan society to fend for itself.

Brazil's left wing President lost her job for misleading the country about economic statisrics.

The people figure out they have been lied to when the statistics say their wealth and standard of living is going up but they struggle more and more. There is a limit to how long the people can be fooled and eventually the politicians are exposed.
Jan 02nd, 2018 - 04:09 pm - Link - Report abuse +2
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Jack Bauer
“Argentina, Uruguay, Ecuador, Bolivia, Venezuela, had wonderful growths with their timid socialist policies the last decade until 2016 when the black-hands got their ways”

And where do you live ? Tombouctou ??....(in case you don't recognize the name, try Timbuktu)
Jan 02nd, 2018 - 05:45 pm - Link - Report abuse +1
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golfcronie
Don't be a “tosser” you elected the so called governments, so you have to live with them.These third world countries need foreign investment from the West to even survive. Make deals with the West and you might see a change in fortunes.Just because the West is doing better than you means they are business savvy not that they are ripping you off.
Jan 02nd, 2018 - 08:51 pm - Link - Report abuse 0
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Capt Rockhopper
Meanwhile back in the UK, we have a leftwing socialist marxist party claiming to be a Government in Waiting desperately trying to get into office to replicate the south American socialist models of government. They have quite a number of wannabee lemmings supporting them in the hope of free handouts.
Jan 03rd, 2018 - 02:10 am - Link - Report abuse 0
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Enrique Massot
Big-picture numbers and analysis beyond one country's borders tell one unquestionable story: The effects of progressive governments achieving some wealth sharing are felt right away in a continent in desperate need of social justice.

Conversely, now that the backlash has brought back the usual sold out, hypocrite managers of the wealthy to power, we see misery and inequality raise again its ugly head.

Predictably too, a team of valiant MP commentators come up to tell us that it was all a mistake: the social improvement was done by “taxing the future,” or that some head of government did some photocopies and forgot to pay for them.

CR seizes the occasion to take a swing at Jeremy Corbyn, who would be “desperately trying to...replicate the south American socialist models...”

Some joyful bunch.
Jan 03rd, 2018 - 03:41 am - Link - Report abuse 0
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Jack Bauer
EM
The only unquestionable story in LatAm is how the progressive governments have perpetuated the lack of social justice....under your heroine Dilma, Brazil's GDP 'per capita', between 2012 and 2017 rose......zero %...

But by all means, keep on dreaming in 2018 if it makes you happy !
Jan 03rd, 2018 - 04:48 pm - Link - Report abuse +1
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:o))
REF: “Extreme poverty rose in 2015/16”:

Obviously, this is a “FAKE News” from some communist propaganda machine/bot!

Judging from an Extreme Fattening of 1000's of Overseas Accounts [REF: Panama/Paradise Papers, etc]; nobody will ever believe in this “fiction” on poverty!
REF:
https://www.ocafezinho.com/wp-content/uploads/2017/11/receita_tucana.jpg
Jan 03rd, 2018 - 05:46 pm - Link - Report abuse +1
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