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One in four people in Spain lives below the poverty line
25.7% of Spain's population lives below the poverty line, more people than the entire population of Belgium. A figure that reopens the debate on welfare benefits, housing and immigration.
A quarter of Spain lives in poverty: more poor people than Belgium has inhabitants
Spain now has more poor people than Belgium has inhabitants. The figure from the INE (Spain's national statistics institute) is devastating: 25.7% of the population, around 12 million people, live below the poverty line. A number that exceeds Belgium's entire population and calls into question the official narrative of economic recovery.
The political debate: welfare or austerity
Behind the figure lies a political divide. Anyone who campaigns on a term of austerity to rein in public spending simply will not win an election: a quarter of the electorate depends on benefits and subsidies to fill the fridge. The analysis splits between those who see a structural problem of welfare dependency and those who point to housing prices —apartments at 400,000 euros— and the arrival of immigrants in precarious conditions as the drivers of poverty.
Housing, indeed, is the elephant in the room. In a country of homeowners, rising property values make some people feel wealthier while others are being pushed out of the market. Renting keeps getting more expensive and newcomers rarely manage to get back on their feet.
Meanwhile, Brussels sets the course and the parties compete over who can promise the most. Poverty is now a statistical fact that outweighs an entire country. Nobody seems to have a way out that does not hinge on the next promise.
Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication.
Read the full discussion (31 replies).
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