Wonder where she got that line?
Posted on 05/22/2013 4:52:52 PM PDT by Pan_Yan
BUENOS AIRES, Argentina — Argentina’s president announced a $3.2 billion annual increase in cash handouts for the poor, students and pregnant women Wednesday, saying the programs will reach nearly 700,000 additional children, pay their families 35 percent more and encourage consumer spending in what is an election year.
Cristina Fernandez said the total cost of the programs will rise to 41 billion pesos, or $7.8 billion a year at the official exchange rate. She called it a powerful boost to consumer demand.
...
Earlier Wednesday, the government announced that a price freeze on 500 consumer goods would remain in place through October — which is when Argentines cast ballots in legislative elections that will determine whether the president has enough votes in Congress to eliminate constitutional term limits that would end her mandate in 2015.
Fernandez said her government will be watching businesses closely and taking action against unjustified price increases that she blames for fueling Argentina’s inflation. The official statistics institute says prices are rising 10 percent a year, but private economists estimate inflation is two to three times higher.
(Excerpt) Read more at washingtonpost.com ...
Wonder where she got that line?
C’mon Barry! Don’t let her show you up! Add 11,000,000 illegals to health care and welfare!
You just wait. Utopia is going to break out in Argentina at any moment.
Too late.
The Plastic Queen is still in power?
And when they go broke they will come to the USA crying for money.
Don’t cry for meeee...
>>Cristina Fernandez said the total cost of the programs will rise to 41 billion pesos, or $7.8 billion a year at the official exchange rate. <<
Or 1000 Venezuelan Toilet Paper Rolls.
Sanford......your girlfriend can get freebies now instead of us having to pay for it.
It is hardly a boost to take from consumers who work to give to other consumers who don't work so they can consume too. The only "demand" is the people consume other people's earnings. What stupidity.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.