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Milei is doing pretty great things in Argentina. Their present might not be great, but their future could be.

by darthrupert 2y ago

loloquwowndueo 2y ago
Tell us more about all the great things he’s doing.
- darthrupert 2y ago
  Sure. Here's how he has made it a practical possibility that Argentina might rise economically: https://tradingeconomics.com/argentina/inflation-rate-mom https://tradingeconomics.com/argentina/inflation-rate-mom And in case you were wondering: yes, he was inaugurated at the top of the inflation rate, when they had a hyperinflation brewing up. 5 months later, inflation is well under control. Austerity is certainly painful for the people who are affected (which is not even close to being all the people), but the culprit is not the one who is doing the austerity, but the ones who screwed up the economy in such a drastic way that it has to be done. Unfortunately, he has only 3 years to go. That might not be long enough for people to realize all the good he will have done by then.
  - loloquwowndueo 2y ago
    So he’s improved macroeconomic indicators which are in no way a predictor of how things are for people in the streets using policies which have failed long-term in other countries to which they have been applied. Got it. The time he has left is not a problem though - if these policies and the chainsaw are indeed the panacea they purport to be, I’m sure people will elect Milei’s anointed successor by a landslide in the understanding that they’d continue with the same policies.
    - darthrupert 2y ago
      > I’m sure people will elect Milei’s anointed successor by a landslide in the understanding that they’d continue with the same policies. Your abundance of faith in the people is uplifting, but I'm a bit more sceptical. I've seen various peoples around this planet do the same mistake: 1) things go bad, 2) people vote in those who can fix it, 3) things are fixed, 4) people vote the other guys again, 5) goto 1 Then again, it was (mostly) the same argentinian people who voted him in in the first place, so perhaps they can do it.
      - loloquwowndueo 2y ago
        I was being sarcastic :) in reality I think he’ll be voted out at the earliest opportunity if social protests don’t topple him before then (it happened before - remember De La Rúa?)
nullindividual 2y ago
> Argentina’s poverty levels hit 57% of population, a 20-year high in January, study finds https://apnews.com/article/argentina-poverty-levels-uca-study-milei-devaluation-d5cb0a20b1e768efdeafbad5bf05eded https://apnews.com/article/argentina-poverty-levels-uca-stud... > Winter deepens misery for Argentina's poor following Milei's financial cuts https://www.reuters.com/world/americas/winter-deepens-misery-argentinas-poor-following-mileis-financial-cuts-2024-06-05/ https://www.reuters.com/world/americas/winter-deepens-misery... Yeah, real "great". As long as you don't care about your fellow humans.
- dilyevsky 2y ago
  57% sounds really bad until you read the article and see that it never went below 40 over last 5 years and last quarter is already back at 49% . Also this gem > "Since this government came to power, jobs have dropped away. We work twice as hard for less and we have to keep going," said Casal, who has 14 children and 42 grandchildren
  - Daishiman 2y ago
    Nobody cares about baity articles. There has been an absolute massive drop in standard of living and the government continues to artificially intervene in the exchange market. Real cost of living has gone up by 1/3 for the middle class at the least. Nobody who lives here will tell you anything has gotten better in this time. I have never in my entire life seen a team of complete dimwits at the helm of this country, regardless of ideology.
    - maxglute 2y ago
      Yeah, when a meme economy (i.e. Advanced/Developing/Japan/Argentina) going through huge change, sometimes number stop being useful. Sometimes you just need to see what it's like on the ground, i.e. selling morsels of prepackaged food. People can argue correction neccessary, but this level? https://www.tiktok.com/@metatktk/video/7411728372771900677 https://www.tiktok.com/@metatktk/video/7411728372771900677
Daishiman 2y ago
-14% consumer purchases across the board over last years. -25% in medicine purchases since the beginning of the year. Largest drop in meat consumption ever recorded in the last 50 years. Mass exodus of scientists due to the complete defunding of state research in critical areas. One of the largest forest fires going on with the national government not providing any assistance, something that no historical precedent, because the president doesn't believe in the state doing anything about it.
wasteduniverse 2y ago
[dead]

Milei is doing pretty great things in Argentina. Their present might not be great, but their future could be.

loloquwowndueo 2y ago

Tell us more about all the great things he’s doing.

darthrupert 2y ago
Sure. Here's how he has made it a practical possibility that Argentina might rise economically: https://tradingeconomics.com/argentina/inflation-rate-mom https://tradingeconomics.com/argentina/inflation-rate-mom And in case you were wondering: yes, he was inaugurated at the top of the inflation rate, when they had a hyperinflation brewing up. 5 months later, inflation is well under control. Austerity is certainly painful for the people who are affected (which is not even close to being all the people), but the culprit is not the one who is doing the austerity, but the ones who screwed up the economy in such a drastic way that it has to be done. Unfortunately, he has only 3 years to go. That might not be long enough for people to realize all the good he will have done by then.
- loloquwowndueo 2y ago
  So he’s improved macroeconomic indicators which are in no way a predictor of how things are for people in the streets using policies which have failed long-term in other countries to which they have been applied. Got it. The time he has left is not a problem though - if these policies and the chainsaw are indeed the panacea they purport to be, I’m sure people will elect Milei’s anointed successor by a landslide in the understanding that they’d continue with the same policies.
  - darthrupert 2y ago
    > I’m sure people will elect Milei’s anointed successor by a landslide in the understanding that they’d continue with the same policies. Your abundance of faith in the people is uplifting, but I'm a bit more sceptical. I've seen various peoples around this planet do the same mistake: 1) things go bad, 2) people vote in those who can fix it, 3) things are fixed, 4) people vote the other guys again, 5) goto 1 Then again, it was (mostly) the same argentinian people who voted him in in the first place, so perhaps they can do it.
    - loloquwowndueo 2y ago
      I was being sarcastic :) in reality I think he’ll be voted out at the earliest opportunity if social protests don’t topple him before then (it happened before - remember De La Rúa?)

nullindividual 2y ago

> Argentina’s poverty levels hit 57% of population, a 20-year high in January, study finds https://apnews.com/article/argentina-poverty-levels-uca-study-milei-devaluation-d5cb0a20b1e768efdeafbad5bf05eded https://apnews.com/article/argentina-poverty-levels-uca-stud... > Winter deepens misery for Argentina's poor following Milei's financial cuts https://www.reuters.com/world/americas/winter-deepens-misery-argentinas-poor-following-mileis-financial-cuts-2024-06-05/ https://www.reuters.com/world/americas/winter-deepens-misery... Yeah, real "great". As long as you don't care about your fellow humans.

dilyevsky 2y ago
57% sounds really bad until you read the article and see that it never went below 40 over last 5 years and last quarter is already back at 49% . Also this gem > "Since this government came to power, jobs have dropped away. We work twice as hard for less and we have to keep going," said Casal, who has 14 children and 42 grandchildren
- Daishiman 2y ago
  Nobody cares about baity articles. There has been an absolute massive drop in standard of living and the government continues to artificially intervene in the exchange market. Real cost of living has gone up by 1/3 for the middle class at the least. Nobody who lives here will tell you anything has gotten better in this time. I have never in my entire life seen a team of complete dimwits at the helm of this country, regardless of ideology.
  - maxglute 2y ago
    Yeah, when a meme economy (i.e. Advanced/Developing/Japan/Argentina) going through huge change, sometimes number stop being useful. Sometimes you just need to see what it's like on the ground, i.e. selling morsels of prepackaged food. People can argue correction neccessary, but this level? https://www.tiktok.com/@metatktk/video/7411728372771900677 https://www.tiktok.com/@metatktk/video/7411728372771900677

Daishiman 2y ago

-14% consumer purchases across the board over last years. -25% in medicine purchases since the beginning of the year. Largest drop in meat consumption ever recorded in the last 50 years. Mass exodus of scientists due to the complete defunding of state research in critical areas. One of the largest forest fires going on with the national government not providing any assistance, something that no historical precedent, because the president doesn't believe in the state doing anything about it.

wasteduniverse 2y ago

[dead]