Venezuela OKs wage increases
This is fantastic stuff, we're really making progress here. The government as of February the 1st increased wages for everyone in the public sector by on average 47%. The public sector now makes up about 10% of the economy (more work needs to be done there). Those in the private sector, despite more moaning from the capitalists have seen their wages rise another 15%, Chavez's government has been raising the minimum wage since around 2002, usually by 20%-30% per year....