Wednesday, September 28, 2005

Meet the Pres

That's not what they called Russian president Vladimir Putin's 3-hour TV call-in show, (they could also have called it "live from the Kremlin"), but it's as good a title as any. We don't have anything like it here--and I don't think Bush could answer questions for three hours on C-SPAN (Clinton or Reagan probably could). The news was that Putin is giving a raise to government employees, as well as increasing pensions and benefits. This is the fallout from the "Babushka Revolution" of last winter that shut down Moscow and St. Petersburg in protest over pension monetization schemes that would have cost the elderly their remaining perks and privileges. Now, Putin is shelling out an addtional $4 billion. Not much by Katrina standards, but for Russia, that's a lot of rubles (120 billion rubles sounds like more). The US press and liberal critics are complaining that the questions were screened, but from what I can tell, it sounds like Putin took some difficult ones, not only about hot-button pension and salary issues, but also about Chechnya. He also announced he won't seek a third term as president, but would stay active. Who knows what that means, whether a power behind the throne or a Clinton-style international hob-nobber. My guess is that he hasn't decided exactly what comes next, it depends on the next three years and how they go. What Russia does with its oil money is key. If he can begin to build up the high-tech sectors, and perhaps set up some more manufacturing industries, Russia might be able to follow China's economic path. There are a lot of "ifs" though. So the only thing one can say for sure is that the Putin TV talk show suggests that if all else fails, Putin can do a Vladimir Pozner, and host his own television talk show. I wonder if he's thought of that already?

UPDATE: The Kremlin has posted an English transcript here.