Macroeconomia e mais. Recursos para as aulas do Professor Dr. Antony P. Mueller
domingo, 2 de outubro de 2016
Macri Hasn't Caused Argentina's Poverty, He Has Revealed It
President Macri’s administration over in Argentina has revealed that some one third of the population are living below the poverty line (roughly speaking, $800 for a family of four). There are then all sorts of people shouting that this is obviously the result of neoliberalism and it’s all Macri’s fault. Including from one organisation based, amusingly, in Venezuela. The truth being of course that Macri has been in office only just over 10 months. Even with the worst of socialist idiocies this isn’t long enough to plunge a place or a population into penury. What has actually happened is that Macri has revealed the poverty level in Argentina, not caused it. Not that that will stop the people shouting ...