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Their inflation has been a rollercoaster but their GDP per capita has pretty consistently been on a downward trend for half a century. https://substackcdn.com/
by dmix 2y ago
Their inflation has been a rollercoaster but their GDP per capita has pretty consistently been on a downward trend for half a century.
https://substackcdn.com/image/fetch/w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Faa3cb276-5b1b-44c2-8bfa-60057e48fbcd_720x448.webp https://substackcdn.com/image/fetch/w_1456,c_limit,f_webp,q_...
Also calling the politics just a series of populists does not accurately represent the economic agendas which have been exactly the same thing (basically left leaning populism via a heavy administrative state) repeated ad nauseam with the exact same outcome.
The whole reason Milei won was because the competition was from the same parties as always, proposing the same solutions as always, and he was the only one demanding something change, so people saw it as and opportunity and looked past the more radical stuff he was saying.
- viraptor 2y ago> Also calling the politics just a series of populists does not accurately represent the economic agendas which have been exactly the same thing (basically left leaning populism via a heavy administrative state) I don't understand this paragraph. It's not a series of populists, because it's been the same populist agendas? Is there some typo?
- zpeti 2y agoI think maybe OP is thinking “populist” generally is a slur for non-social democrat right wing governments these days.
- dmix 2y agoI see a distinction between economics and politics messaging. If the economics agenda is exactly the same that's all that matters to this discussion. When every gov before him did the exact same pattern of going repeatedly goes into huge debt and uses gov social/economics projects to fix things, then the variations in their populists messaging is not really relevant.