this post was submitted on 11 Oct 2024
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[–] catloaf@lemm.ee 15 points 1 month ago (3 children)

However, more than half of Argentinians are now living in poverty. https://www.bbc.com/news/articles/ceqn751x19no

[–] TheBlackLounge@lemm.ee -1 points 1 month ago* (last edited 1 month ago) (1 children)

It only went up 11%points, which is a miracle considering the 230% inflation going on before he took office.

How much if your country would be in poverty if next year their savings and income were effectively slashed by 60%?

[–] Saleh@feddit.org 6 points 1 month ago (1 children)

It went up by 11% points. The amount of people in poverty increased by 25%

[–] TheBlackLounge@lemm.ee 1 points 1 month ago* (last edited 1 month ago)

True. Corrected. The point is that was already pretty bad and getting worse quick, so reaching 50% isn't that surprising. His policies probably slowed it down.

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