Poverty in Argentina soars to over 50% as Milei’s austerity measures hit hard
Poverty in Argentina soars to over 50% as Milei’s austerity measures hit hard
Far-right president has been battling inflation by imposing steep cuts in spending, resulting in widespread poverty
They finally have to get a job.
Who’d have thought right wing policies don’t actually help people? I for one am shocked!
https://www.cnn.com/2024/09/27/business/argentina-poverty-rate-increase-50-percent/index.html
That marked a steep jump from 41.7% at the end of last year and more than double the 26% just seven years ago,
I'm not sure I'd chalk it up to 10 months of presidency as much as the past administrations mistakes.
It allowed people to be lazy and unproductive, hence the chronic inflation problem. They need to get a job and earn hard currency in this new economy.