#21 ·
It is genuinely impossible to engage in any kind of meaningful or intellectual dialogue with you. Your entire strategy seems to consist of nothing more than citing some vague conversation you had with a friend from Russia, Cuba, or China, while simultaneously lacking even a basic grasp of the actual subject matter at hand.
Let’s look at the hard data instead; back in 1995, average monthly wages in the agricultural sector sat at around $13, but by 2006, they had climbed to $274.
In manufacturing, average wages were roughly $15 in 1995, whereas today they have reached $320.
Looking at the energy sector, salaries were about $22 in 1995, compared to $360 today.
In transportation and communications, the 1995 average was $20, which has since risen to $380.
For educators, wages stood at just $10 in 1995, but have grown to $305 today.
In healthcare and social services, we saw $10 in 1995, rising to $225 by 2006.
Across the entire public administration, salaries were $14 in 1995, reaching $375 today.
Within the financial industry, wages were $21 in 1995, jumping to $770 by 2006.
The average salary in the Russian Federation was approximately $300 in 2006, and it continues to grow at an average annual rate of 25%.
Furthermore, once you truly understand how a nation's standard of living is driven by its own GDP growth, you might begin to realize why things are changing so radically in places like Russia, China, Slovakia, or Estonia. For instance, when looking back at the year 2000, there were 7 million unemployed people in Russia, yet today that number has dropped to about 3.5 million, which simply means people are actually working.
In 2000, 20% of the Russian population lived on $40 a month; today, that figure has plummeted to just 2%.
Back in 2000, 15% of the Russian population survived on $125 a month, whereas today only 9% do.
In 2000, only 3% of the population lived on $300 a month, but today that has grown to 20%.
In 2000, just 1.9% of the population earned more than $350 a month, but today that group accounts for 26%.
Of course, poverty still exists, but you cannot expect all the negative aspects of a transition to be erased in a mere six years, nor can you expect Russia to transform into the USA or Japan overnight.
The new Russian president, Dmitry Medvedev, has stated that his primary focus is the economy of the Russian Federation and driving its economic development. Given their massive oil and gas reserves, their future looks secure—a fact recognized by international financial institutions when they project that Russia will reach a nominal GDP of $6.5 trillion by 2050, or roughly $50,000 per capita. To put that in perspective, the USA currently sits at around $47,000 per capita.
Over the last seven years, the nominal GDP has grown at a rate of 7.7%, meaning it rose from $260 billion in 2000 to $1.166 trillion in 2007. This growth is the fundamental driver; it is the only way to raise the standard of living for the citizens of any nation.
I would suggest you set aside these anecdotal "arguments" in our forum discussions, as I find them entirely unconvincing and devoid of substance. I have personally spoken with a friend in Russia who maintains that the standard of living has risen immensely compared to the communist era, and he speaks very highly of capitalism. His only grievance is the dictatorial nature of the current leader of the Russian Federation and the lack of democracy, though he believes those issues will eventually resolve themselves. As the saying goes, democracy struggles where stomachs are empty, but it flourishes where people are well-fed.
Let’s look at the hard data instead; back in 1995, average monthly wages in the agricultural sector sat at around $13, but by 2006, they had climbed to $274.
In manufacturing, average wages were roughly $15 in 1995, whereas today they have reached $320.
Looking at the energy sector, salaries were about $22 in 1995, compared to $360 today.
In transportation and communications, the 1995 average was $20, which has since risen to $380.
For educators, wages stood at just $10 in 1995, but have grown to $305 today.
In healthcare and social services, we saw $10 in 1995, rising to $225 by 2006.
Across the entire public administration, salaries were $14 in 1995, reaching $375 today.
Within the financial industry, wages were $21 in 1995, jumping to $770 by 2006.
The average salary in the Russian Federation was approximately $300 in 2006, and it continues to grow at an average annual rate of 25%.
Furthermore, once you truly understand how a nation's standard of living is driven by its own GDP growth, you might begin to realize why things are changing so radically in places like Russia, China, Slovakia, or Estonia. For instance, when looking back at the year 2000, there were 7 million unemployed people in Russia, yet today that number has dropped to about 3.5 million, which simply means people are actually working.
In 2000, 20% of the Russian population lived on $40 a month; today, that figure has plummeted to just 2%.
Back in 2000, 15% of the Russian population survived on $125 a month, whereas today only 9% do.
In 2000, only 3% of the population lived on $300 a month, but today that has grown to 20%.
In 2000, just 1.9% of the population earned more than $350 a month, but today that group accounts for 26%.
Of course, poverty still exists, but you cannot expect all the negative aspects of a transition to be erased in a mere six years, nor can you expect Russia to transform into the USA or Japan overnight.
The new Russian president, Dmitry Medvedev, has stated that his primary focus is the economy of the Russian Federation and driving its economic development. Given their massive oil and gas reserves, their future looks secure—a fact recognized by international financial institutions when they project that Russia will reach a nominal GDP of $6.5 trillion by 2050, or roughly $50,000 per capita. To put that in perspective, the USA currently sits at around $47,000 per capita.
Over the last seven years, the nominal GDP has grown at a rate of 7.7%, meaning it rose from $260 billion in 2000 to $1.166 trillion in 2007. This growth is the fundamental driver; it is the only way to raise the standard of living for the citizens of any nation.
I would suggest you set aside these anecdotal "arguments" in our forum discussions, as I find them entirely unconvincing and devoid of substance. I have personally spoken with a friend in Russia who maintains that the standard of living has risen immensely compared to the communist era, and he speaks very highly of capitalism. His only grievance is the dictatorial nature of the current leader of the Russian Federation and the lack of democracy, though he believes those issues will eventually resolve themselves. As the saying goes, democracy struggles where stomachs are empty, but it flourishes where people are well-fed.