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||Middle Class Clash Argentina A1a010201 W S J
||"Hard Times Squeeze Millions of Argentines Out of the Middle Class"
- "A grinding 31-month-long recession, accompanied by an unravleing
of government social supports,has rattled this country's comfortable culture
to its very core. Already the upheavel has sent millions of Argentines tumbling
down the economic ladder. Even more alarminingly, it has shut down a critical
engine of economic recovery--consumer demand."
- "the middle class has gotten acquainted with a bitter new phenomenon
in recent years: downward mobility."
- As the middle class has embarked
on its great leap backward, the poverty rate has surged. One out of every
four residents of the capital now is classified as poor."
- Only 15% of the graduating class at Bueanos Aires's top law school
- "the 1990's privatizaiton of electricity, telephone and health systems
has delivered a one-two punch, eliminating thousands of midlevel government
jobs while doubling the share of income the average Argentine family devotes
to basic services."
||Middle Class Clash Argentina A10a010201 W S J
||Argentina Recesson4th Year
- jobless rate of
nearly 15 percent and a quarter of the 37 million Argentines are living below
the poverty line.
- The children waved placards proclaiming their "right to life" and
"an end to poverty."
||New Crisis Argentina
- Argentina has some of the world's richest
agricultural and cattle lands and a good deal of oil, an educated and cultured
population, and a mere 36 million people sprinkled over a land mass nearly
the size of India. At the turn of the last century, its economy was comparable
to that of the United States.
- Forty percent of Argentines do not pay their taxes, penalizing those
who do and leaving the government perpetually short of cash. The economy
is led by a business class that has trouble competing in international markets
and has traditionally shielded itself through tariffs and depended on handouts
from the government. The political system is characterized by corrupt,
machine-led parties whose loyalties shift carelessly among ideas and agendas.
The electorate is fickle, and tends to look for quick fixes without sacrifice.
- Much of that money ended up in the pockets of government officials
rather than going toward social services, as a series of recent corruption
investigations have shown.
||Made In Washington Argentina
||Odd Jobs Argentina
- Seven out of ten Argentine children are poor. The INDEC national
statistics bureau officially reported yesterday that four million children
in Argentina live below the poverty line. Over two million of those do not
have enough food to eat.
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