Thursday, April 21, 2016

Russia's prevalent wages under Putin's oligarchy: $100-200 a month, which Putin claims is "considerable," "conspicuous increase," if so, then he cannot mean the common people, but only his oligaerchic cronies and friends


Symbolically and tellingly, just as Putin was discussing the hidden off-shore accounts of his friends and proxies, the screen behind him during the latest press conference showed a question, which Putin chose to avoid and which also showed the general level of wages for normal people under his liberal reign in Russia: in this case, 12,000 rubles a month, equivalent to $180 a month. The text read: "It is impossible to live on the salary of 12,000 rubles."

However, Putin argues that wages and pensions increased 20 times from the early 2000s. However, even if just "nominally," while "in real terms conspicuously."--"But even in nominal terms, just the same, real income of the public have increased considerably." This sums up the quality and character of Putin's mind. Both nominally and in its real terms.
This is no accident. Once one frees oneself from the illusions, Putin's actions reveal a plan and patterns. Washington could have hardly wished it otherwise.

"ТАСС/TASS. Since the early 2000s the nation's gross domestic product has jumped 15 times in nominal terms, while wages and pensions have increased 20x, and in real terms these indicators have grown conspicuously, Russian President Vladimir Putin said at a media forum held by the All-Russian People's Front.

"The main thing is that our economy, no matter how we criticize it at the moment, and we should and will be doing this, as only through the real perception of what we have today we can take further steps to develop the economy, has nevertheless changed. It has strengthened substantially, in nominal terms the nation's GDP jumped 15 times, pensions and wages climbed 20x in nominal terms. But even in nominal terms, just the same, real income of the public have increased considerably," the President emphasized."

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