How Javier Milei Could Change Argentina

[Jerry Nelson]

Yes I do Argentina had by far the minimum wage most highest in the americas in 2010 . From 2007 to 2015 it was the most highest in Argentina. It was US $ 440 per month in 2010 . In 2015 it was close to US$ 600 per month Now its less than US$ 160 per month just 35% of that amount in 2022 and with costs of food and rentals higher in us dollars than 2010 . There are many mistruths about previous governments here . There were periods of great prosperity under Peronist Governments as well as disasters !

Please look at the links

Cristina Fernández: “La Argentina tiene el salario mínimo vital y móvil más alto de Latinoamérica”

<br /><br />Verdadero, pero...<br />Aunque el dato brindado por la Presidenta sea real, es insuficiente para determinar la verdadera situación de los asalariados en la región.<br /><br />

chequeado.com

En la tabla del salario, Argentina sólo desciende | El sueldo mínimo era el más importante de la región en 2015 y ahora cayó al sexto lugar

A finales de 2015, el Salario Mínimo Vital y Móvil equivalía a 580 dólares y era por lejos el más alto de América latina. Ahora retrocedió a 297 dólares y bajó al sexto puesto.

www.pagina12.com.ar

Actually, in 2010, a person in America getting paid the minimum wage would be paid $1160 a month.

A person making the minimum wage in 2010 would earn $1160.00 per month.

This is based on a 40-hour work week and the federal minimum wage of $7.25 per hour in 2010.

• The minimum wage in the United States Wikipedia: https://en.wikipedia.org/wiki/Minimum_wage_in_the_United_States
• Minimum wage history - U.S. Bureau of Labor Statistics: https://www.bls.gov/opub/reports/minimum-wage/2021/home.htm

 

[sts7049]

I don't support any particular political faction, but it's remarkable how many of you don't see that all factions are corrupt and contribute to the problem. Instead, you insist on blaming one party or another. I find this mindset laughable. Until there's a change in this way of thinking, no real progress will be made.

no, the "pero macri's" and peronists keep missing something important - which is that contradictory views against peronists are not defenses of JxC. but when you have had one party in control for decades, you cannot reasonably add the same amount of blame to a party who barely had any chance to make meaningful change in anything. did macri make poor decisions? absolutely. i certainly don't believe any political party is free of blame or corruption or contribution. but there is a clear and obvious majority contributor to the country's problems.

 

[Bajo_cero2]

Well, Milei won with borrowed votes, which is why he had no choice but to form a coalition government.

He is Macri´s employed now.

 

[Ries]

Here a few things he "could" change, or at least he has says he wants, to, but Daddy Macri probably wont let him.

He could remove restricitions on colectivo fares. They have gone up 100% in the last year, but left to the free market, we could easily see 500% or 1000% increases, from, say the current 59 pesos I pay ever day to 300 pesos. I am sure all the colective companies with the big stickers on their buses complaining about government regulation would be happy to raise it that much and still complain about profit.

He could remove all subsidies and allow Edenor and Edesur to charge "market rates".
Most all of the other South American countries you pay between 7 and 10 times the rate per KWH as Argentina.
So, imagine how happy all those Milei voters will be when they get an Edenor bill that is 8 times what they pay now?
That would be over 700% inflation in one fell swoop.

He has proposed dozens of other similar changes- to make everything Libertarian, the initial year inflation would probably work out to somewhere between 5 and 10 times what the worst Peronist year has been lately.

Bet that would make a lot of people who believe in his ideology really feel good, eh?

I am pretty sure that he is the Libertarian politician who holds the world record for all time of getting the most votes numerically, the largest percentage of votes, and getting elected to the highest position.
In most of the world, the highest Libertarian percentage is 3% to 5%, and average is 1% of the vote.

My guess is most people who voted for him dont even know who Ayn Rand was, much less the Vienna School.

 

[Quilombo]

I think the perfect title is "How Milei could change Argentina... but likely won't" because right now I'm personally betting on a
sort of hybrid Menem/Macri/Milei administration, which, judged by poverty and minimum wage levels would be better than Alberto's admin,
but that's like comparing de la Rua to Nestor, not really a high bar.

I and other people had said since his polling numbers first started looking good that he'd have to govern via coalition, which he is, but I'm
slightly surprised by how much he's given away/up before becoming president, it's really starting to look like Macri had the last laugh on
Alberto in the end.

I'm sure some things will change, but I honestly wonder what will broadly once he runs headfirst into the reality of a parliamentary republic,
and the UCR being pissed at Bullrich and Macri. Change more than Macri, but less than he (and others) likely have voted for is my guess.

 

[sts7049]

Here a few things he "could" change, or at least he has says he wants, to, but Daddy Macri probably wont let him.

He could remove restricitions on colectivo fares. They have gone up 100% in the last year, but left to the free market, we could easily see 500% or 1000% increases, from, say the current 59 pesos I pay ever day to 300 pesos. I am sure all the colective companies with the big stickers on their buses complaining about government regulation would be happy to raise it that much and still complain about profit.

He could remove all subsidies and allow Edenor and Edesur to charge "market rates".
Most all of the other South American countries you pay between 7 and 10 times the rate per KWH as Argentina.
So, imagine how happy all those Milei voters will be when they get an Edenor bill that is 8 times what they pay now?
That would be over 700% inflation in one fell swoop.

He has proposed dozens of other similar changes- to make everything Libertarian, the initial year inflation would probably work out to somewhere between 5 and 10 times what the worst Peronist year has been lately.

Bet that would make a lot of people who believe in his ideology really feel good, eh?

I am pretty sure that he is the Libertarian politician who holds the world record for all time of getting the most votes numerically, the largest percentage of votes, and getting elected to the highest position.
In most of the world, the highest Libertarian percentage is 3% to 5%, and average is 1% of the vote.

My guess is most people who voted for him dont even know who Ayn Rand was, much less the Vienna School.

people who believe in his ideology know that subsidized things by printing money endlessly is what got the country here in the first place.

 

[mikic007]

people who believe in his ideology know that subsidized things by printing money endlessly is what got the country here in the first place.

It's a circle you cannot easily break. Only well off people actually voted for his policies, the others were or too ignorant to grasp what he is saying, or too desperate to care. I can't see major changes without getting too bad in less than 10 years. There is a reason why Argentina has always been struggling. Money is made by few, that own the most, the rest are just living here. And those who are making money, don't need the rest. This isn't Germany, where you need people to generate money, where you need education, health, and rest of public services. Here, rich need skeleton crew to get richer, the rest are just unwanted nuisance.

Maybe if more money would be invested back, that would break the cycle, but why to bother, if investments outside bring enough? You can argue that peronism is driving out capital, but my opinion is, that it was just an answer to reality.

All the best to Milei, but I doubt he has capacity to get through.

 

[Alby]

In most of the world, the highest Libertarian percentage is 3% to 5%, and average is 1% of the vote.

Guillermo Moreno has been running around for the last couple of weeks making this very point: no Libertarian has even been elected at municipal level anywhere in the world, yet in Argentina they managed to elect one president. His take on it is that Argentina is a special place that has done two things that nobody other country could do: invent Peronismo and elect the world's first Libertarian president. As if they were curious but unrelated phenomena. It doesn't seem to occur to him that they have a relationship of cause and effect. The failure of the ideology they invented has directly led to this completely outlier election result.