this post was submitted on 27 Sep 2024
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World News

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Staunch libertarian Javier Milei has implemented a range of austerity measures since taking office. His government blamed previous administrations for the dire economic situation.

The poverty rate in Argentina reached 52.9% during the first six months of Javier Milei’s government, the national statistics agency reported on Thursday.

It marks the highest poverty rate since 2003, and a 11.2% increase compared to the second half of 2023.

The number of people living in extreme poverty grew by 3 million during the first half of 2024, according to the report.

The statistics agency calculates poverty by comparing household income with the cost of a basic basket of goods, which amounts to around $240 (€215).

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[–] [email protected] 124 points 1 month ago (2 children)

And no one could have predicted this! 🤣

[–] [email protected] 48 points 1 month ago

Doesn't he have pets with psychic powers? Why didn't they bark anything?

[–] [email protected] 7 points 1 month ago

Didn't he basically campaign with this?

[–] [email protected] 71 points 1 month ago (1 children)

Raving Lunatic Tanks National Economy. Experts quoted as saying "there's absolutely no way anyone could have predicted this!"

[–] [email protected] 67 points 1 month ago

A very brutal rate. Sad to see for the Argentinian people.

[–] [email protected] 37 points 1 month ago (1 children)
[–] [email protected] 6 points 1 month ago

Libertarianism is a hell of a drug.

[–] [email protected] 24 points 1 month ago (1 children)

What else did they think he was going to do with that chainsaw?

[–] [email protected] 6 points 1 month ago

By chainsawing all the social nets and the magic of economic liberalism the Economy would heal and everything would be wonderful!

Or at least some super-wealthy people can buy up State services for pennies on the dollar and make a killing later.

[–] [email protected] 19 points 1 month ago

Milei? AFUERA!

[–] [email protected] 18 points 1 month ago (3 children)

What percentage of a population must suffer under right-wing leadership before that population rises up and corrects the problem by force? Is some type of uprising likely to form here?

[–] [email protected] 11 points 1 month ago (1 children)

Usually it's when the middle class gets tired that governments are overturned here.

[–] [email protected] 1 points 1 month ago

The days of revolutions are past. Remote control drones have made it impossible now.

[–] [email protected] 8 points 1 month ago

He was elected. If people don't want him they should just vote someone else next time.

[–] [email protected] 2 points 1 month ago

The answer is all of them. Right wing behavior is always from hatred and insecurity.

[–] [email protected] 17 points 1 month ago

To the surprise of no one.

[–] [email protected] 15 points 1 month ago (1 children)

I'm sorry but why does he look like an aging emo?

[–] [email protected] 5 points 1 month ago (1 children)

He looks like Bob Odenkirk's donut ordering slacker from Mr. Show.

[–] [email protected] 2 points 1 month ago
[–] [email protected] 10 points 1 month ago (1 children)

That means everyone can stop paying rent right?

[–] [email protected] 18 points 1 month ago

Only if they all do it at the same time.

[–] [email protected] 6 points 1 month ago
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