Venezuela: Povery Statistics

Miguel Octavio challenges the latest numbers on poverty reported by Venezuela's new Minister of Finance Rodrigo Cabezas.


  • Palomudo

    Who is Miguel Octavio? God, or just another anti-chavez analyst who is hired to mis-inform and lie to the public!

    I am Venezuelan and visit the country often, the difference before and after Chavez is huge! The positive changes being experienced by the poor are countless.

    The rich don’t notice and don’t care because they are embedded in their mansions and don’t travel the country, even if they did they will never aknowledge the good Chavez has done.

  • Luis

    What positive changes are you talking about, you mean 20% inflation despite the basic group elements are price fixed. Maybe it is the fact that Caracas is now one o the most dangerous cities in Latin America. But you are right unemployment has descreased, but you have to count the great percentage of the active force population that works in the informal economy sector(buhoneros) … I could keep going on about the “great accomplishments” of the Chavista government, but I beleive you know the rest.


  • Well, I love it when numbers are dismissed, even the Government’s own numbers! Or when Ministers’ number are just lies as demonstrated in the article I wrote. I am not a poverty expert, but I do know the numbers and that is what I wrote about. But there is a guy, Luis Pedro España, who is Venezuela´s foremost expert on poverty, he has devoted all of his life to studying it. I regularly translate his articles. here is what he had to say on Cabezas’ numbers. Nobody can say, and who is Luis Pedro España? When it comes to poverty, he is the man, but the revolution hates knowledge and experts:

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