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.
I’ve said it before and I’ll say it again:
Nothing in this dude’s policies involves redistributing wealth from those who have too much to those who have too little.
Those who have too little have to get by with even less.