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Poverty in Argentina soars to over 50% as Milei's austerity measures hit hard

25 点作者 fpierfed8 个月前

5 条评论

rogerrogerr8 个月前
Is it possible that things have been this bad, and Milei’s policy changes have slowed down the economic decline enough that the poverty line is more accurate?<p>I’m not an economist, just an engineer. My intuition is that when a system is in freefall, any recovery will cause some metrics to look really bad for a while.<p>Like when a plane is in a dive, your first steps are to idle the engine, push forward to unload the wings. <i>Then</i> you level the wings and pull up. Is this article saying “Not only are we in a dive, the engine power is going down!”?
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criticalfault8 个月前
With the feeling people dislike milei, and risking down votes, could this be &#x27;getting worse before it gets better&#x27;? As said in the following video:<p><a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=18RTtDVghfw" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=18RTtDVghfw</a><p>As someone not really too informed about argentinian politics or economy, but knowing stuff only from news reports - isn&#x27;t milei doing really everything that macroeconomists said needs to be done?<p>First of which was to reduce the public sector and subsidies?<p><a href="https:&#x2F;&#x2F;apnews.com&#x2F;article&#x2F;milei-economy-union-protests-strike-jobs-state-argentina-6b9b41603dcc2b9cbcf23e5654bd4e30" rel="nofollow">https:&#x2F;&#x2F;apnews.com&#x2F;article&#x2F;milei-economy-union-protests-stri...</a><p>Reduce Inflation?<p><a href="https:&#x2F;&#x2F;www.reuters.com&#x2F;markets&#x2F;argentinas-august-inflation-still-stubborn-residents-struggle-save-2024-09-11&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.reuters.com&#x2F;markets&#x2F;argentinas-august-inflation-...</a><p>And it seems that poverty didnt go to 50% under milei, but actually went 10% up (saw it in a different comment here).<p>I&#x27;m not for milei (or against him), as I said, I don&#x27;t really know or understand argentinian politics to make an opinion (although what is being done might be a bit brutal), really just asking a question here. This looks like an economic transformation or economic revolution in progress, and there will be (of course) difficulties before it goes better.
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cloudwonderer8 个月前
How is this poverty related to present government policies? Seems like the opposite is true.
pvaldes8 个月前
Hope they enjoy the clown spectacle at least. When I see Milei I can&#x27;t fall to remember this. Once seen you can&#x27;t unseen it:<p><a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=nMQQhdadw08" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=nMQQhdadw08</a>
petermcneeley8 个月前
The poor complain; they always do, but that&#x27;s just idle chatter. Our system brings rewards to all, at least to all who matter.
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