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Ahmadinejad shuns a brighter future
AsiaTimes ^ | Sep 16, 2010 | Hossein Askari

Posted on 09/17/2010 7:19:02 AM PDT by nuconvert

While all available figures confirm Iran's broad economic failures, the best proof of its dismal economic conditions may be the economic difficulties of life in Tehran.

A young couple with bachelor degrees and a few years of work experience as schoolteachers would have a combined monthly income of about US$1,000. If the couple had a young child, they would need at a minimum $1,000 to pay their monthly bills (food, clothing, electricity, gasoline, insurance, medical) and another $1,000 per month in rent for a modest apartment (which also

requires a significant security deposit). How can such couples, university-educated at that, survive? They can't. They need to get second jobs or rely on the support of their families.

While official numbers say that inflation is down, life in Tehran tells a different story. The prices of necessities over the past 12 months have soared - milk and yogurt prices have about doubled and chickens and lamb prices have increased by about 75%. At the same time, government-subsidized items, such as electricity and gasoline, have also increased in price. These are items that figure heavily in the Iranian consumer basket - what families have little choice but to buy. Contrary to government pronouncements, inflation has not declined to under 10%, as recently reported by the government; in all likelihood it has increased to over 20%.

(Excerpt) Read more at atimes.com ...


TOPICS: Editorial; Extended News; Foreign Affairs; News/Current Events
KEYWORDS: iran; iranianeconomy

1 posted on 09/17/2010 7:19:03 AM PDT by nuconvert
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To: nuconvert

This is the 2nd installment of a 2 part report.
1st part here....

Iran’s slide to the bottom
http://atimes.com/atimes/Middle_East/LI15Ak01.html


2 posted on 09/17/2010 7:21:22 AM PDT by nuconvert ( Khomeini promised change too // Hail, Chairman O)
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To: nuconvert

Persians get what they deserve. Why don’t they release those two Americans, whom are American hating spies go?


3 posted on 09/17/2010 8:10:33 AM PDT by hgro (Jerry Riversdun)
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To: nuconvert

Persians get what they deserve. Why don’t they release those two Americans, whom are American hating spies go?


4 posted on 09/17/2010 8:10:43 AM PDT by hgro (Jerry Riversdun)
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