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20.09.2009, 17:30 18 comments

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Russia has “unacceptably high” levels of poverty – Medvedev

Published: 11 October, 2009, 13:00
Edited: 12 April, 2010, 06:13


President Dmitry Medvedev gives TV interview to Channel One.

“Crisis or no crisis”, Russia’s budget must continue to fund social programs until acceptable standards of living are achieved, President Dmitry Medvedev said during an interview with Russia’s Channel One.

 
4 COMMENTS
Count Cash October 11, 2009, 10:48 quote
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Certainly liked most of what is said here, yes we need change, and I believe this time we are changing towards a more diversified efficient economy. Also agree with the timescales, we need about 15 years to see plausible benefits. Also liked the correct social programs aimed at pensioners, these are the local consumers, so a rouble in their pocket flows almost straight away into the local economy, whilst also redressing the poor deal they have had for too long. Liked the absence of redistribution of wealth which is just theft and which is practiced in Europe. Growth is the way to make wealth, thieving from others never works. Only worrying aspect for me was the talk of mortgage and credit. Here I think we are not thinking straight. Following a pumped up credit and deficit model are recipes for disaster, just look what precipitated the crisis in the first place. Now the deficit is mentioned accompanied with notions of tight fiscal controls. But the same concept of control is not accompanying the notion of increased credit. Russia needs be careful here and institute strong, citizen beneficial, controls on credit in the future. Otherwise we will create a ticking timebomb that brings misery to our citizens in the future. I really think we need a proposal and thought of how credit should work in Russia, not leave it happen and pick up the pieces, when it all goes wrong.

Rikard October 12, 2009, 12:49 quote
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Technical control is always the most difficult when attempting to execute stability of the loops with high inertial pattern: you move one little input and the whole large system goes wrong being unable to reset. Political control is much more complex besides missing technical visualization, which is not traditionally common. The elderly German lady (forgot the name) used to measure “happiness” of Germans by counting the number of fulfilled wishes. We learned that Germans were happier at the end of WW II when the war was lost, than today in modern times. Guess it goes with identity saga. Highlighting the colossal energy of Russian political engagement it is to suggest introducing some key indicators of Russian population happiness traditionally condensed in sane long lasting goodness of people. Simply – how did you make it? Such a fantastic inertial loop…made stabile, collapsed and reset… The President is soon due to visit Serbia. He also has little net cash made from past diplomatic sacrifices. Serbia is another stuff by her very substance. It’s time for Medvedev to cash some net amount of true friendship longing to merge before anything else. Mr. President, bring yourself to Belgrade and enjoy your stay. It’s all you need to accomplish and carry over the goodwill back home!

network November 12, 2009, 23:43 quote
0

The first question that must be asked about reducing poverty in Russia is, do the billionaires really want to part with their huge wealth to improve the well being of impoverished Russians. The whole thing has absolutely no credibility if President Medvedev is a billionaire. What is the personal wealth of President Medvedev? Is he willing to give it up to help fellow Russians who are very poor. ACTIONS SPEAK LOUDER THAN WORDS.

Goran April 12, 2010, 04:03 quote
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You mention if the billionaires are willing to impart their wealth, and then single out Medvedev, but ignore the Olgiarchs. Are you saying that the President of Russia should give up his/her 90k per annum salary in order to help out the millions of Russians that are poor? And what exactly makes you think that Medvedev has to have billions stashed away somewhere?

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