this post was submitted on 23 Feb 2024
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[–] [email protected] 32 points 1 year ago (14 children)

Annual inflation has hit 254 percent and since Milei ripped away hefty transport and fuel subsidies the price of bus tickets has more than tripled.

"Now I know what it's like to walk," 42-year-old domestic worker Yanina Salto told AFP, who used to take four trips a day to get between jobs.

The cost of medicine has soared over 300 percent year-on-year.

While the government decreed a 30 percent salary increase by March, this is far less than the 85 percent demanded by labor unions -- and the walk-outs are mounting.

On Wednesday, train drivers downed tools, and on Thursday healthcare workers across the public and private sector went on strike, with only hospital emergency rooms expected to function.

Teachers have called a strike for the start of school next week, and the country's main CGT union is debating another general nationwide walkout.

Great success!

[–] [email protected] 12 points 1 year ago (13 children)

That’s what happens when your previous government runs the economy into the ground. It was only ever going to get worse before it got better, over time it will equalize and stabilize just like it always does.

[–] [email protected] 7 points 1 year ago* (last edited 1 year ago) (2 children)

Previous government ran the economy on the ground out of a lack of capacity and bad decisions. This one is doing it as part of its's plan.

Theres is a soaring debt exacerbated by the previous-previous government (2015-2019), whose ministers are again on the current government. They are continuing their plan while also preparing Milei's own plan to dollarize.

Previous government was idiotic but managed the pandemics rather well. This government is evil, and only finance sector driven.

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

From what I can read, he chose certain ministers to placate his opposition, but chose people that would be more sympathetic to his cause and would overall support him. The precious government, while handling the unprecedented pandemic very well, also continuously overspent on top of what the previous previous government spent. What Milei is doing is completely cutting back, stabilizing the Argentinian economy, then will allow the next government to reintroduce subsidies. Like he said, times are hard, and they will only get worse before they get better, but it will be better than what would have happened under another leftist government.

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

Rather well? How's 120k death toll rather well?

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