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by ImJamal 529 days ago
Argentina has lower inflation, is solving their deficit and is seeing larger than expected economic growth now that Millei is in charge. Maybe he won't fix all the issues, but it seems like things are improving and it is not an "economic suicide".
1 comments
friend_Fernando 528 days ago
A 53% poverty rate is economic suicide.[1] Scrambling for food is not economic activity, it's idleness and ruination.

Incidentally, this conversation parallels the one that would follow mass deportations. People complaining of the crashing economy, and the fans of racial cleansing claimimg that it had to be done and that it's a good thing in the long run.

This is exactly the point I was making.

[1] https://www.theguardian.com/world/2024/sep/27/poverty-rate-a...

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ImJamal 528 days ago
Having massive economic changes will cause short term economic problems. Fixing the inflation will make Argentina better in the future. Just because things are not perfect as quickly as you want does not mean things are not improving.

Advocating for the massive inflation that Argentina had and is now improving is economic suicide. Inflation makes it impossible for average people to save and build wealth. That is economic suicide.

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friend_Fernando 528 days ago
That's a strawman. Using the right economic policies would fix the problem. Argentina had a cold, maybe pneumonia. The right fix was antibiotics, not a bullet to the head.
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ImJamal 528 days ago
You have yet to prove anything you stated. If you have a good economy with low inflation allowing the average person to save and build wealth, poverty will eventually lower. If you just focus on the poverty and don't fix the core issues you won't solve anything.

To continue with your analogy, you are treating the symptom, not the disease. Millei appears to be curing the disease, but the treatment is painful.

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friend_Fernando 528 days ago
This just mirrors the fake zealotry babbled in Venezuela while the country was cratering. I don't have to prove that mainstream economics works. That's risible Putinist nonsense like the rest of your line of "reasoning."
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ImJamal 527 days ago
Mainstream economics doesn't think 1000% inflation is fine.
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