Exactly!!! As for some here who have stated that my post was inaccurate, it wasn't. At 40 to 1 10,000 pesos is 250 dollars per month. I never stated the peso is currently at 40 to 1. Attacking that part of my post was the weakest I've seen ever. The fact that the peso is currently at 37.95 or 38.10 is totally immaterial. The fact is that since the peso's inception, it has devalued to the point that it will very soon reach 40 to 1 or does Taino believe it won't?
Secondly, the ridiculously and pathetically miniscule difference between 38 (present) and 40 (future) is so absurd to be totally insignificant. To take Taino's rate at 37.95 means that 10,000 pesos = 263.50 dollars. 263 and 250 is really no difference at all. Or are some like the referenced poster trying to mean that 263 is the demarcation point of middle class or some other laughable point of change???
At least, some here like Gorgon understand the meaning of the post. I used 40 to 1 as a future point and also as a very simple point from which to understand how utterly useless 10,000 pesos per month is as a wage from which over 60% of Dominicans must draw from to live a miserable life.
Lastly, the stats state that 60% earn less than that meaning that 10,000 is the top end of low earnings. Many earn 200, 150 and 100 dollars a month. By no means is the DR a country where the majority earn wages allowing a human to live any much more than a rat's existence and if these facts present me as a sellout then so be it. I care not what the facts color someone else's perception of myself.
O&C the only things ridiculous are the numbers you present as facts to us all, one more thing, don?t take my comment to heart; see it as just one negative comment among many more to come, much like the many you?ve written about the DR.
TRUE FACT is, I really don?t blame you for what you?ve written in the past, I know for a
FACT, that you say what you?ve said because you?ve been brainwashed by the many shiny little trinkets that corporate America shines in your face on a daily bases.
You have convinced yourself into believing that because the DR is a developing country no one could ever obtain material things/trinkets like in the States, but what you don?t know and the real
FACTs are that just like in the states, here in DR there are many Dominicans living quite well and making just as much cash as any corporate suite in America today.
Case in point me, many years ago (13) I realized that there is a niche for anyone smart, resilient, ambitious and persistent enough make a living here. After many trial and failures I now earn well over the $100,000 US dollars a year, just from rentals alone her in little old Santiago. BUT hold on there?s a plus, if you add the income I make from my construction business; lets you and I agree on that I do quite well here.
But
FACT is that so could you, if instead of sitting in front of your computer wasting time bashing the DR, and rather than talking about ?the end of the world scenario?s? and start to put more emphasis on finding out why others have done so well here, while also forgetting about trying to make a living off of the land/farming i.e. your family in Constanzaon, I bet you and your family would do quite well for yourselves as well.
I?m sure you know the DR isn?t some backwards communist country, where everything is stacked against you in ways to keep you from ever getting ahead, sure there are LOT?S of red tape placed in front of us sometimes, but I myself choose to see red tape as miner hurdles on the way to the top (financial freedom) and so should you.
True FACT is O&C you for reasons unbeknownst to me
RESENT the DR, maybe it has something to do with the
FACT that others have gotten ahead while you haven?t found the one very important niche I mentioned above. Or could it be that you much like many of the expat community in the DR truly believe that we Dominicans have this ?entitlement? attitude about life (as mentioned in many other posts) , sure I won?t argue with you that maybe there is a few Dominicans out there that much like you, have been brainwashed into thinking that it?s someone else?s problem to help them get ahead in life. But
FACT is that many expats also have the same ?entitlement? bug in them as well.
Sorry for veering off the economic subject O&C, it?s a Saturday and like every Saturday, it?s a slow day. Back to economic
FACTS, I have workers on my payroll that make well over your imaginary $250 dollars a month.
FACT is, apart from the 45 employees I currently employ at my construction business, I also have two superintendents making well over $1,000 dollars a month just for upkeep and maintenance of two office buildings. I know its hard for you to believe that there are people in the DR that pay well, I for one am one of them. Believe it or not, I?m one that strongly believes that loyalty should be rewarded with financial security.
Yeah, yeah, yeah, I could hear your argument from a mile away thinking ?that?s just a few guys making that kind of money?. Yes but just think for a minute, every building to the right and to the left of my office buildings also have a superintendent earning just as much as my employees. These true
FACTS in my mind, make me believe that your numbers exclaiming that the average person in DR makes just $250 dollars a month or less, to say the least, is something that?s far from the truth.
I could see you sitting in front of your computer, compiling your drafts and number chart to make your argument. But before you do, keep one
FACT in mind, the numbers and pie charts you have complied over the years to make your case, are nothing more than government numbers.
Also keep one more FACT in mind, no one in the DR tells the government how much they truly earn, I for one certainly doesn?t, you could bet your bottom dollar that I?m not the only one doing this.
These are
TRUE FACTS, not the numbers you and your cronies make up on a daily bases.
Taino