Argentina elects libertarian president Javier Milei - Update: Netherlands

Inflation hurts the poor.

Inflation also isn't the only thing that hurts the poor.

Wow it's like the economy is a multi-variable problem.

A poor person might have a worse quality of life from a slightly reduced inflation rate but a entire safety net stripped from them.

 

The central point of the study is that the poverty rate in Argentina has greatly increased from an already too high 40% to 57% - which isn't shocking at all, because Milei has cut benefits, which helped the middle and lower classes in Argentina. Now that these people are not receiving benefits and assistance, they are in poverty. It is pretty straight forward.

Now- there can be an argument that in the LONG term, the cuts will end up stimulating the economy at some point and help poverty.

I keep hearing some people claim that Milei is a genius. What he is proposing isn't anything new or unique. I don't doubt that he is very bright and he is quite charismatic in his own way. Some of his points are also very valid - but IMO he takes it too far.

 

Do you question that the poverty level in Argentina has gone up nearly 50% since Milei has gutted benefits for the working class and poor?

 

So the benefits being paid by the government to the working class and the poor - are now gone - and you question whether the poverty level in Argentina has gone up from around 43% to 57% after these people are getting LESS benefits?

I can understand the argument that in the long term the economy will thrive with less regulation and that will in turn employ more people and provide more money for the working class and the lower class - the idea that rising tides lifts all boats.

However I don't know how someone can contest that the poverty level in Argentina would not be HIGHER right now after benefits have been cut for the working class and the poor.

 

Makes sense for austerity hitting the poor the hardest at the initial stages.

Seems the IMF is pleased with his progress enough to give another round of bailout money.

Which is interesting because with how openly Milei trashes the IMF.

 

Our own Deb is everywhere?

 

Worst version of the HAKA, EVER!!!

 

You can remove the (Update: Netherlands), it is not a success story for the conservative populist, While indeed the populist and far right parties won the election the government has been an absolute mess. All the while they are infighting all the time. I would be shocked if we do not get new elections in 2025.

For some reason populist parties without a clear plan and only wild promises are not able to deliver what they promised. Who would have thought. Apparently promising everything will be better and blaming a marginalized group for everything is easy. But when you are actually in charge you have to deliver, and then it seems that not everything is the fault of the asylum seekers (no matter how hard you scream that it is), and actually making the situation better is difficult.

So far all the things they promised/decided they wanted to do is either not possible or they are fumbling implementing it. That being said I expected this, and since I disagree with 90% of what they want to do, I am not sad about it. I just hope the general Dutchmen sees how hollow the promises of these populists are. Unfortunately anger and fear are emotions easily exploited.

 

You mean he isn't a dictator (even though he wanted to, and they did try to get the unlawful emergency law). So in that sense you are right. We still have a party based government so in that sense he isn't running the country alone.

But I expect that that wasn't wat you were talking about. You are probably talking about him not being prime minister. But make no mistake about it, Schoof is nothing but a pawn for Wilders. Wilders is running the country. He is just not very good at running a country, He is much better in fear mongering and scaring people into voting for him.