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this post was submitted on 24 May 2024
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What economy? We come from literal annual accumulated inflation of 211% in 2023 only.
1867% accumulated since the leftist party took power in 2018 to 2023.
We come from 30% poverty in 2018 up to 50% poverty in November 2023. Those extra poor? All from previous leftist government. Clearly that's not worth talking about.
We lost 35k small and middle enterprises from 2018 to 2023. That's 135 middle and small business closing per week.
I ask of you, what burned economy? The one we come from and rightly so voted out the leftists in charge of it?
I ask of you, what real struggle? The one we were left with for 4 years and rightly so voted out?
You deny it, but for us lowering inflation, it is a revolution. Keep being sour over it, we sure did okay enduring while everyone else looked to the other side just because last government matched their ideology
Poverty is at 60% now, economic activity is down 8.4% comparing to the last year, and what inflation reduction? It's increasing, not going down...
Enjoy living in denial.
Right denial
First what is that graphic supposed to mean? It doesn't says anything about Argentina? You just put a chart without any source or explanation and expect people to understand what is supposed to represent?
And then accused me of denial. that's rich. Specially coming from someone posting inaccurate information about an inaccurate estimate (the simulation you refer was done by the ODSA and calculated for, it was 57% POVERTY ESTIMATE not 60% and only contemplated data until January 2024) as if it were true facts. Here. Allow me to share the simulation that was made:
https://wadmin.uca.edu.ar/public/ckeditor/Observatorio%20Deuda%20Social/Presentaciones/2024/Observatorio-Pobreza-Informe-serie-historica-2004-2023.pdf?utm_source=emBlue&utm_medium=email&utm_campaign=Observatorio%20-%20ODSA&utm_content=Observatorio%20-%20Primer%20envio%20febrero--Argentina%20(2004-2023):%20un%20r%C3%A9gimen%20inflacionario%20cr%C3%B3nico%20de%20empobrecimiento%20y%20mayor%20asistencia%20social&utm_term=multiple--7--none--70-80--ENVIO%20SIMPLE
You want to see the actual April measurements done using actual real data instead of spouting more lies?
Sure go ahead. Do notice the April 2024 latest measurements say 48.9 instead of 60%. So poverty it is going down instead of up
Source: https://www.perfil.com/noticias/economia/la-pobreza-trepo-a-casi-el-49-segun-un-estudio-de-la-universidad-di-tella.phtml
Then you lie some more about inflation saying it's going up, while even the opposition here recognized it is going down
Here, have some more data for the weekly inflation we have, this comes from the one consulting firm that's been measuring the same as the official government data and do notice the down trend:
You want to see the monthly inflation? Oh what's that? it's going down instead of up? UH OH! LOOKS LIKE SOMEONE IS LYING HIS ASS OFF, and it surely isn't me!
Sources:
https://www.indec.gob.ar/uploads/informesdeprensa/ipc_05_24F9890B1583.pdf
Then you start talking about economic activity, as if we weren't coming from a literal recession since the past year. Go have a look, we literally have been dropping economic activity since last 10 years. Why do you think people got sick of the leftist government?
These charts are based all on indec Data. Sources: https://fce.uncuyo.edu.ar/oeru/upload/1a1bc596e87c2e80e0f7890fc29310e5.pdf
Fortunately we do seem to have a glimmer of hope in that way, notice February line? We are not in the best shape, but we do seem to be picking up. Hard to tell as this activity chart here is not an official estimate, it comes from a consulting firm:
We do see things are getting better little by little. Whoever denies that is living a delusional life.
I will leave the sources because unlike you I am not an malignant uninformed web poser in search of internet points
Image is the source with a link that leads to https://tradingeconomics.com/argentina/inflation-cpi which uses Instituto Nacional de Estadística y Censos (INDEC) data. I'm not sure how more official one can get than data coming from Ministry of Economy. Which clearly shows annual inflation increasing, not going down.
And I did use ODSA figure (be it rounded to 60%), as that's what the article referred to. INDEC only releases data twice a year, and their last figure was at ~40.1% in 2023H1 and 41.7% in 2023H2. There are no data for 2024 yet.
Your own Universidad Torcuato Di Tella source shows ~41% in November 2023 not 50% you claimed. So accusing someone of "inaccurate information" and "spouting <...> lies" just makes you look bad.
Exact numbers, while important, are not that relevant to my original comment. The whole appearance was tone-deaf, whichever way you want to slice it. Have a nice day.
Right, you would know about being deaf. Thanks at least for giving me the reason.
I did specifically talk about monthly inflation. Showing the interanual inflation rate as an image and then saying it's increasing is at the very least purposefully deceitful, given that current inflation curve will of course overlap with the past inflation curve which was the highest in years, with 211% so of course it will show as such?
It it's plainly even more purposely malicious when you do know what I am talking about when I express monthly inflation rates, which surprise surprise, that same site has as information as well, which does show slowing:
Source:
https://tradingeconomics.com/argentina/inflation-rate-mom
But of course, that won't fit your narrative, so you will disregard it as well.
So yeah, pride yourself in trying to deceive people with whatever information slice you think fits your narrative,
I do ask myself what will you do when that same curve stops overlapping. Probably nothing. It will stop fitting your narrative at that point and you'll probably find something else to complain about