Thursday, December 30, 2010

What Evo Said

Here's last night's EvoSpeech to the Nation on the fuel price rise, what it means, the spoonfulls of sugar that he announced and all things in between.



It was a pretty good speech all told, explaining the situation in terms and providing the love via 20% salary rises for police, teachers and healthcare workers (eg doctors and nurses). However the main use of the money is a positive-looking grain purchase plan that will buy produce from farmers at 10% above the market rate....that one gets the large rural population onside quickly.

So the transport workers will strike today and try to make their 100% price increases stick, while the government insists they only have the right to hike prices by 30%. The jury is still out, but the timing of the fuel subsidy cut and the populist moves in Evo's speech last night are scoring good points for the government side right now...chances are that Evo will get his way once the militant mood dies down.