Global Notes #25
by Jerry Harris, SolidarityEconomy.net
. Income up for Venezuelan poor
A marketing research group, Datos, reports that the real income of the poorest Venezuelans, 58 percent of the country, have risen 130 percent under President Hugo Chavez. Although inflation is running at 19.3 percent that is lower than the 52 percent average in the early 1990s before Chavez took office.
. What they say
Neoliberal economist Adam Posen recently attacked Germany’s Mittelstand economic sector. These are the middle and small size business’ that employ 70 percent of the German people. Writing for the Peterson Institute for International (more…)
