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Judi Lynn

(160,545 posts)
Mon Feb 2, 2015, 03:46 AM Feb 2015

Eight years of progressive politics in Ecuador

Eight years of progressive politics in Ecuador
Friday 30th Jan 2015
posted by Morning Star in Features

This month marks eight remarkable years of progress in Ecuador’s ‘citizen’s revolution,’ writes Matt Willgress



Eight years ago President Rafael Correa was elected in Ecuador and, as in many Latin American countries in recent years, there’s been a tremendous shift in the country.

Today, at a time when we are constantly told about the inevitability of cuts and austerity, spending in Ecuador on healthcare and education has doubled.

On Correa’s election the rich were forced to pay their taxes for the first time in the country’s history, and as a result government investment has led to economic growth of 4 per cent year by year. Additionally, for the first time in Ecuador’s history, extreme poverty is in single figures. It is now less than 8 per cent, compared with 16.5 per cent previously.

Ecuador also has one of the lowest unemployment rates in the continent, with the figures for 2014 closing at only 3.8 per cent.

More:
http://www.morningstaronline.co.uk/a-e42b-Eight-years-of-progressive-politics-in-Ecuador#.VM8jMmc5Cbw

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Eight years of progressive politics in Ecuador (Original Post) Judi Lynn Feb 2015 OP
K&R DeSwiss Feb 2015 #1
I wonder how deeply involved the CIA is in disrupting this wrong headed leftist policy. Enthusiast Feb 2015 #2
No lines for supermarkets. US dollar is the currency so no currency exchange issues Bacchus4.0 Feb 2015 #3
 

DeSwiss

(27,137 posts)
1. K&R
Mon Feb 2, 2015, 05:59 AM
Feb 2015

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"A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Ghandi
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Bacchus4.0

(6,837 posts)
3. No lines for supermarkets. US dollar is the currency so no currency exchange issues
Tue Feb 3, 2015, 10:05 AM
Feb 2015

High taxes on many import products though.

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