“Objective factors:” Putin Blaming Cheap Oil for Drop in Russians’ Revenues

“Objective factors:” Putin Blaming Cheap Oil for Drop in Russians’ Revenues

Photo: https://ria.ru/

When asked by reporters if he should have personal responsibility for the decline in people's income, Vladimir Putin made an attempt to justify officials.

Only two categories of people – those holding the reins of power and the lazy ones – have been not talking about the continued slide of the Russians’ real incomes over the past several years. Everything is clear with the lazy ones -- they simply do not want to be dragged into the same debate over and over. However, it becomes more and more difficult with the first one. Seemingly, at certain moments, they even wanted to pound the table, demonstrating the universal concern about the sticky situation of the Russian residents and their willingness to stand up for their interests. The problem is who in their right mind would criticize the consequences of mostly their own activities.

As a result, federal officials, deputies at every level, senators and others continue to stubbornly ignore the existing issues. Only experts, economists, businessmen, average citizens and opposition politicians speak about them. Occasionally President Vladimir Putin does, too, since is already a tradition for him. Explanation to the residents for what is going on has become an established practice for him because apparently, other gentlemen from the upstairs either can't or don't want to do it.

At that time, Putin came up with a long-running scenario. He outlined the problem, stressed that the Kremlin is aware of it and is not going to ignore it. In addition, he also found a very strong and characteristically external reason for it. Since the position of the President of the Russian Federation is still number one in the country, he has not forgotten his key state role and, therefore, made a special emphasis on the fact that the government needs to somehow deal with all these issues. The statements of this kind were made by Putin in an interview with the TASS agency.

"While the economy was growing, oil cost $100 a barrel or more. Today, oil sells at $60 per barrel. There is a difference," said Putin. Moreover, according to him, Russia has launched national projects just to achieve changes in the structure of the national economy and to push it to develop on its own base. Russian President believes that these decisions are likely to reverse the situation with the falling incomes of people. At the same time, Putin admits that the Russians should not wait for years for the authorities to solve the existing problem. "The government must do something about it. There are many ways to do this," he added.

At the same time, Vladimir Putin said that it is impossible to get rid of this country’s rigid dependence on oil and gas revenues in the twinkle of an eye. The shifts of this kind will take some time.

However, already now Russia is gradually moving away from this dependence, since the part of its revenues not related to oil and gas is moderately increasing.

However, when asked by reporters if he should have personal responsibility for the decline in people's income, Vladimir Putin made an attempt to justify officials. He said that, mostly, the existing state of affairs stems from the decreasing oil prices all over the world. In no way it depends on the actions of ministers and other officials. "There are objective factors. What can be said about personal responsibility if the world oil prices have fallen?"Putin indicated.

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