Poverty fell in the first year of Milei

[antipodean]

I do not understand why it matters if there is not enough cheering and claps from more members of this expat forum. Even worse for you to state that many people here think this is terrible news. That is an incredible leap compared to you just feeling disappointed in people who may still doubt the data reported. This was only reported yesterday. The silence is fine. Does the leader need a parade or some blue ribbon ceremony?

Please re-read the first comments.
We seem to live in an age where objectivity no longer has a place in political discussions.
Instead of receiving news with objective or intelligent critiques, they are cast off immediately as being non-sensical or lies just because of "who" may be taking "credit" for them or what one choses to see or choses not to see in the same zero-sum footballista style like any Argentine politician who will always either stay silent on the positive results generated by other parties or distract by slinging denial or unrelated mud lest "the good news" threaten their own credibility, beliefs or history that they have constructed for themselves.

Again, for those that have no choice, living with $300 a month at 211% inflation on an upward trajectory is very different to living on $300 a month at 117% or 23% inflation on a downward trajectory - so it is beyond common sense how a downward tendency in the poverty rate (whatever the exact number may be) can be called nonsense, unless there is a bias affecting common sense. No parade or blue ribbon needed or being sought.

As for questioning the exact number, please check out the link from UCA that I posted that questions the exact number reported by INDEC and methodology used.

 

[MilHojas]

Argentina reports a drop in poverty under President Milei, but many say life is harder

Argentina says that its poverty rate has dropped to 38.1% in libertarian President Javier Milei’s first year in office.

apnews.com

‘Not much to celebrate’ despite fall in poverty, says expert

Leading poverty expert Agustín Salvia, of UCA’s prestigious social debt observatory, digs into the figures after INDEC reports dramatic fall in numbers of poor.

www.batimes.com.ar

 

[Rich One]

Some expats are just pissed off that their dollars buy less than before and they have lost a lifestyle privilege that they enjoyed here (yet couldn't hope to enjoy in their home countries...) thanks to artificially "low" prices for those with dollars.

Amen ,
Thanks to CFK , we lived "High on the Hog" for ten years. As they say in Andalucia "Lo cantaooo y lo Bailaoo no me lo quita naiden"

"La pobreza está mal medida": Víctor Hugo explicó por qué es engañoso el dato que celebró Milei | El paralelismo con la inflación y por qué el número deja dudas

En su editorial, el periodista y conductor de la 750 analizó los datos de la pobreza durante el segundo semestre de 2024 que dio a conocer el Indec. Por qué cree que podría ser mucho más alto. El rol de la medición de la inflación.

www-pagina12-com-ar.translate.goog

The usual Google Translate deal, banner is in Castellano and story will initially appear in that tongue, but wait a few seconds and it will change to English.

"Bragging about yesterday's number is like getting off for a cigarette at a train stop. It's so ephemeral. According to the UCA (University of Catalonia), Cristina Fernández's poverty rate was 28 percent in 2014 .Chequeado estimates that inflation at that time averaged 30 percent . The Scalabrini Ortiz Institute estimated it at 46 percent in 2003 and less than 15 percent in 2014, amid a growing population. In 2013, it was below 13 percentage points.Milei brought poverty to 50-something in the first half of the year and then brought it back to 38. Macri drastically increased it in 2016, using his own figures, but unable to disguise the decline."


Note the above carefully - for poverty in 2014, Scalabrini Ortiz Institute said less than 15%, while UCA said 28%

Figures don't lie, but liars figure.

Note: UCA (University of Catalonia), should read UCA (University of California),

 

[LuckyLuke]

Some expats are just pissed off that their dollars buy less than before and they have lost a lifestyle privilege that they enjoyed here (yet couldn't hope to enjoy in their home countries...) thanks to artificially "low" prices for those with dollars.

The same expats, with a few exceptions, were deafeningly silent (if not outright defensive) on this forum to the increasing poverty, skyrocketing inflation, lack of structural reforms, mounting debt and loss of foreign reserves to keep the illusion of the currency alive all those years... yet suddenly come out screaming when it even looks as if the same things are being done by someone that politically they don't identify with / identify less with, even if that someone is showing some positive tendencies in their results.

And Argentinians should be ASHAMED of going on vacation to Brazil last summer to enjoy a lifestyle privilege they couldn't hope to enjoy back home thanks to artificially "high" prices for their pesos. They were deafeningly silent about the favelas, corruption, and loss of the rainforest.

You see...it goes both ways. Taking advantage of currency strengths is a common sense approach to traveling. Many countries have poverty, corruption, and need structural reforms. People are still going to travel to places where their hard earned money buys them a little more, no matter where they are from or their political slant.

 

[carride]

Probably not the first time this classic has been posted here.

Duty Calls

xkcd.com

 

[Dim Witty]

These official calculations only include the country's 31 most populated urban centers with 100,000 or more inhabitants, which represents 30 million people, out of a total Argentine population of about 47 million.

And it doesn’t consider the near-poor; the many who have dropped from the middle class and live just above the poverty line.

If both groups are combined, nearly 80 percent of the Argentine population is poor.