Summary
Argentina’s poor are struggling under President Javier Milei’s severe austerity measures, which include deep spending cuts, subsidy eliminations, and mass layoffs.
Poverty has surged to a 20-year high, with 53% of Argentines and 18% in extreme poverty. Communities face rising food prices, job losses, and reduced social support, while pensions and public works have been heavily slashed.
Though Milei’s policies have reduced inflation and stabilized the peso, critics argue benefits favor the wealthy.
Despite widespread hardship, Milei retains significant public support, while opposition parties remain fractured and ineffective.
You’re getting down voted but it’s a valid argument. And it gave me a better understanding of the context, so thanks for that.
But, I would argue that his approach is too extreme. As someone else replied, he should care about the people too. They’re the backbone of the country and the economy.
I’m not super educated on Argentina, but according to this site, their economy is actually pretty important with a good agricultural and manufacturing sector. And as far as natural resources go, if we talk about oil and gas, everybody should be seeking to decrease exploitation of these resources.
I dunno. I’m just some random guy. But, I think he should calm down and find some compromise because it looks like there’s a lot to work with here