Only a problem when your goal is to exploit people for profit, but shockingly not every necessary job or service can be profitable. A private business would rather make millions selling a treatment, the government will spend millions researching a CURE.
You would think if you just watched this report that NOTHING good is coming from the current government. Inflation has been lowered by over 100% LOWER than last year. Rents are coming down tremendously. You may not like Melei's style, but there is no other way to get Argentina from turning into a third world country. I like how the narrator casually throw's in at the end "although inflation and the deficit are falling" 99% of content of this report is totally one sided. Boo France 24.
THE THRUTH is: many are used to being supported by the government and suddenly: you see the real cost of things and that you have to earn what you spent. Argentina has been lied to the right for decades. This direction will take them eventually to TRUE SELF-Sufficiency.
Balancing the budget is easy. Just cut jobs and cut the budgets. Let the poor starve. Taking care of the poor , the ill and infirm is expensive. Millei is loved by the western capitalists as the creditors will love Argentina now. They would want to loan more monies to Argentina now….. And let the cycle begin again.
It's actually not easy those cuts have made him vastly unpopular... and put his Job in danger. In the short term Politically it's easier to just keep printing money you don't have, keep giving out money you don't have for political support.
Ugh, I know it's like these people live in a fantasy world where the poor just need more gumption and grit or whatever. Then they see the inevitable outcomes of their policies in this video and cry about how one sided a report about people losing their jobs and daily costs of living increase and have to do these mental gymnastics about how suffering is good and pain is good and that this is actually the fault of not doing it sooner
Nope: Recession is a part of captalism. Capitalism is a boom and bust cycle.. Recession is part of the bust cycle, after this another boom cycle can begin. The issue is will people survive the Recession as they wait for the next boom cycle?
Saying that "prices have increased after removal of subsidies" is categorically false. They are the same, the end-users now are forced to pay them in full rather than fleecing the taxpayer to do it for them.
@@Andromeda365 subsidies exist everywhere but they should be targeted properly depending on what resources a government has.. because ultimately you will pay for it, this way or that way. If the government doesn’t have enough money and borrows, you will have budget deficits and then the government will print more money leading to inflation and currency devaluation. So you will pay that way which is worse than paying normally like this.
Es justamente este el perfil de los votantes de Milei, clase trabajadora que se auto percibe clase alta y denosta las ayudas sociales, a disfrutar lo votado.
They will be fine doing with less. The change is disruptive, but in time, the benefits will become apparent. At least they won't end up like Cuba. It's very bad there.
it seems blowing past a soft landing had to be done in order to keep inflation and the deficit shrinking. the deficit need not be zero, hopefully he understands this enough to start helping the people and the economy once the deficit shows a healthy trajectory downward. hopefully the government can get ready for the next steps of price controls on food, doubling the minimum wage, and slightly higher sales taxes.
Shame very sad The people suffer whilst the political figures are sitting pretty ....Whoever is in a privileged position must always be thankful and grateful
It is a problem when the government is the main employer and the government salaries are paid with borrowed money.
Only a problem when your goal is to exploit people for profit, but shockingly not every necessary job or service can be profitable. A private business would rather make millions selling a treatment, the government will spend millions researching a CURE.
You would think if you just watched this report that NOTHING good is coming from the current government. Inflation has been lowered by over 100% LOWER than last year. Rents are coming down tremendously. You may not like Melei's style, but there is no other way to get Argentina from turning into a third world country. I like how the narrator casually throw's in at the end "although inflation and the deficit are falling" 99% of content of this report is totally one sided. Boo France 24.
3 World? ARGENTINA is already 3 World 55% of the population under the poverty line official numbers unofficial it's much higher
I agree with you I thought the same thing.
我喜欢你的想法
You say inflation has been lowered by "over 100%". Does that mean they are now in a deflation?
Shock Therapy akin to Russia's in the 90s. Those poor people are going to suffer
You mean the lazy?
Adopting fiscal responsibility after years of liberal waste comes with a price.
We are very happy with Our New President milei don't believe the left wing media
@@claudiovallone9217 I like Milei. 💯
Exactly. Given time things should turn around.
That's a lot of words for "I hate the poor"
@trekman10
Did you go to ultracrepidarian school, or were you homeschooled ultracrepidarianism?
THE THRUTH is: many are used to being supported by the government and suddenly: you see the real cost of things and that you have to earn what you spent. Argentina has been lied to the right for decades. This direction will take them eventually to TRUE SELF-Sufficiency.
He actually transferred from a non value adding job to something of value.
Unfortunately the short-term pain is necessary. Canada will be faced with the same problem when Trudeau is gone.
Balancing the budget is easy.
Just cut jobs and cut the budgets.
Let the poor starve.
Taking care of the poor , the ill and infirm is expensive.
Millei is loved by the western capitalists as the creditors will love Argentina now.
They would want to loan more monies to Argentina now…..
And let the cycle begin again.
The poor were thriving before?
It's actually not easy those cuts have made him vastly unpopular... and put his Job in danger.
In the short term Politically it's easier to just keep printing money you don't have, keep giving out money you don't have for political support.
Economic psychologist? welcome to the suffering you inflicted on the average Argentinian for the last decade.
This was a very one sided biased report.
I am argentine We are very happy with the President Milei Everything Is improving
@@claudiovallone9217 Well done!
You happy with more than 50 percent of your countrymen is poverty😮@claudiovallone9217
I love all these comments from neoliberals who benefit from their strong governments praising Javier Milei and the poverty 😂😂😂
Ugh, I know it's like these people live in a fantasy world where the poor just need more gumption and grit or whatever. Then they see the inevitable outcomes of their policies in this video and cry about how one sided a report about people losing their jobs and daily costs of living increase and have to do these mental gymnastics about how suffering is good and pain is good and that this is actually the fault of not doing it sooner
Recession is one the worst could happen to any country, higher inflation contributes to unaffordability of basic necessities
This recession is a consequence of past government, wasting of many in so many subcontractors
Nope: Recession is a part of captalism. Capitalism is a boom and bust cycle.. Recession is part of the bust cycle, after this another boom cycle can begin. The issue is will people survive the Recession as they wait for the next boom cycle?
@@winter3559 not true, it is because Milei's chainsaw.
This is the “bitter pill” unfortunately. Things will get worse before they get better because now the economy is now undergoing readjustment.
A top heavy bureaucracy needs to be laid off. Get the government out of your life. You are accountable for yourself.
So, from one extreme to the other. It's bound to give Argentina's extreme left a new lease of life.
Saying that "prices have increased after removal of subsidies" is categorically false. They are the same, the end-users now are forced to pay them in full rather than fleecing the taxpayer to do it for them.
So the taxpayers whose taxes pay the subsidies shouldn't enjoy those same subsidies?
@@Andromeda365 they do but they have to pay the price. no morwe hidden cost
Sticker price has gone up hence sticker shock.
But yes real price is always the real price. Hence the famous phrase, there’s no free lunch.
@@Andromeda365 subsidies exist everywhere but they should be targeted properly depending on what resources a government has.. because ultimately you will pay for it, this way or that way.
If the government doesn’t have enough money and borrows, you will have budget deficits and then the government will print more money leading to inflation and currency devaluation. So you will pay that way which is worse than paying normally like this.
@@Andromeda365yeah dont you know that government spending is only for WARFARE and POLICE?
Wish the government at least provide a financial help especially to the poor people,food subsidies and unemployment benefits.
That will never happen, these radical ideologues think first about the theories not about people's suffering.
Yeah, "highly trained." What self-delusion
Es justamente este el perfil de los votantes de Milei, clase trabajadora que se auto percibe clase alta y denosta las ayudas sociales, a disfrutar lo votado.
As a Spanish speaker I would go visit Argentina. The country has some charm, like the 1920's havana
60,000 social science specialists LOLOL in other words, free money for no skill.
what do you, runner-ups, know about what the situation was before? We've been in recession for 30 years and now it's news?
Thank god they refused to join BRICS😂😂😂
The BRICS is a nothng burger. It' smemebers either enemies, or basket cases.
And how would joining BRICS helped Argentina?
what is brics? what do they actually do?
@Asgoga ony cut trade barriers to their largest market who do you think imports most soy beans and beef which brazil is taking more every year china
Recession after budget cuts? You kiddin? 😅😂🤣
But their GDP per capita still one of the highest though, it shows that they are richer than world median
President Milei,
Urgently Consider Free Train and Bus Transport.
maybe france should try it so it won't suck
Hey genius, are the French suffering as Argentinas now
Tax the Rich !
The poor benefit from the presence of the rich. The rich can always move elsewhere if taxes become too high.
They will be fine doing with less. The change is disruptive, but in time, the benefits will become apparent. At least they won't end up like Cuba. It's very bad there.
Genius, people are starving
They were making fun of Mexicans, but we're not going hungry over here. Lol
This is the bitter pill OMG Suck it up unless you want to be Zimbabwe.
One hundred trillion dollars
Funny thing is Argentina has no Sanctions and is not Landlocked Zimbabwe was under brutal Sanctions because of "Land Reform"
Omg we get it, you hate poor people
They should join NATO .
it seems blowing past a soft landing had to be done in order to keep inflation and the deficit shrinking. the deficit need not be zero, hopefully he understands this enough to start helping the people and the economy once the deficit shows a healthy trajectory downward. hopefully the government can get ready for the next steps of price controls on food, doubling the minimum wage, and slightly higher sales taxes.
Just keep telling that to people starving, maybe that's going to ease their suffering, economy first let people die for economical theories. 😢
Wow 🤩 so much old clothes
Shame very sad The people suffer whilst the political figures are sitting pretty ....Whoever is in a privileged position must always be thankful and grateful
coming to kenya soon
Join BRICS hurry 😂
BRICS and NATO are evil
You wanted to have your Bozonaro?
Enjoy it.
I know the left was bad too, but Milei is unacceptable.