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Macri's support in his first two months in office soars to 65%

Saturday, January 23rd 2016 - 08:51 UTC
Full article 36 comments

Argentine President Mauricio Macri's popularity is at about 65% two months after he narrowly won office and carried out a raft of fiscal and financial measures, including a controlled currency devaluation as part of his plan to revive Latin America's third largest economy, two polls showed. Read full article


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  • ChrisR

    Macri didn't 'trigger' a devaluation, that had already occurred under TMBOA who was also throwing dollars at the market to 'support' the disaster that was the pesos under her stupid 'model'.

    Macri regularised the pesos so that it became respectable, like Argentina is becoming throughout the world.

    It is undoubtedly a good start.

    Jan 23rd, 2016 - 10:54 am - Link - Report abuse 0
  • Lucdeluc

    @1. Correct

    Jan 23rd, 2016 - 11:49 am - Link - Report abuse 0
  • yankeeboy

    Its not so much of support as it is relief.
    For most of the Rgs its was like CFK was hitting them on the head everyday and now its stopped.
    Of course they're happier without the headache.

    It will happen in the USA too once Odumbo is gone.

    Jan 23rd, 2016 - 12:54 pm - Link - Report abuse 0
  • Captain Poppy

    Another one too bookmark.

    Jan 23rd, 2016 - 01:44 pm - Link - Report abuse 0
  • Conqueror

    @1. Isn't that all it is? A start. He's already stuck his foot in one pothole. Leg still disappearing. The “pothole” is the Falkland Islands. If nothing changes in his approach everyone will know that argieland hasn't changed. Still dogmatic and incredibly selfish. With 1,073,518 sq mi of territory already, what does the 4,700 sq mi of the Islands mean for argieland? Checking out history, and ignoring 1982, argieland managed to occupy the Islands for 52 days. What “right” does that convey? If Macri can't see that, he's just plain stupid. But Britain is ready. Defence establishment being improved. I see a Voyager, C-130, Typhoon and maybe a helicopter on the ground. Three Typhoons and 2 Chinooks unaccounted for. Typhoons on patrol? Chinooks delivering more modern missiles?

    Jan 23rd, 2016 - 02:19 pm - Link - Report abuse 0
  • yankeeboy

    4. i encourage you to bookmark as much as you like. My posts have proved to be spot on over that last few years. I like when other people do my work.

    Jan 23rd, 2016 - 02:28 pm - Link - Report abuse 0
  • malen

    He deserves more than 60 %. The “veribiutiful” Pres is making a good work, bringing money and inversions, to drink more coca cola.
    No recession, no high prices, no desocupation, etc.

    Jan 23rd, 2016 - 04:09 pm - Link - Report abuse 0
  • Captainsilver

    YB, we are bookmarking your Hillary comments for sure. Trump/ Palin Bahahaha, dream on, ALL latinos will vote Democrat. Foot - shoot in…

    Jan 23rd, 2016 - 04:42 pm - Link - Report abuse 0
  • Captain Poppy

    So will my first round.

    Jan 23rd, 2016 - 04:43 pm - Link - Report abuse 0
  • yankeeboy

    Go ahead and bookmark away, as I said I encourage you. I stand by everything I've ever wrote.
    Its inciteful and the few times I am wrong allow for minor course corrections.

    Jan 23rd, 2016 - 04:57 pm - Link - Report abuse 0
  • chronic

    Every single negative mainstream media prognostication regarding Trump and this campaign have thus far been proven incorrect.

    Silly rottingroadkillians/Canucks.

    Jan 23rd, 2016 - 05:37 pm - Link - Report abuse 0
  • Captainsilver

    “Every single negative mainstream media prognostication regarding Trump and this campaign have thus far been proven incorrect.”

    Thats what is soooo amazing! Palin was amazing, she could tell what the Russians were doing by looking out of the window. Now a guy with a rat on his head who is a wordwide joke is the likely Republican candidate. You couldnt make it up. :-) Cant you Yanks find someone better?

    Jan 23rd, 2016 - 06:13 pm - Link - Report abuse 0
  • Enrique Massot

    March, 1976: A military junta appoints José Alfredo Martínez de Hoz to Economy.
    Some of the new minister measures were:
    1. Lower import barriers
    2. Achieve financial reform to liberalize capital markets and “link Argentina more effectively with the world,” that is, attract foreign capital.
    Two relatively stable years followed, after which fiscal deficits climbed and external debt soared.
    Mauricio Macri's measures follow the IMF's recipe book to the letter, and the results will also mimic those of the past.

    Jan 23rd, 2016 - 06:20 pm - Link - Report abuse 0
  • yankeeboy

    Argentina didn't follow the IMF advice and the IMF let them get away with it.

    There's way more countries that have had successful IMF outcomes than not.

    Argentina is the poster child for bad behaviour and why you should follow the IMF advice.

    Jan 23rd, 2016 - 06:27 pm - Link - Report abuse 0
  • Captain Poppy

    12.....qualify that with teabagging yanks....please. if they ever take the balls off their nose they might see better. Trump could never make it in the general election. Right now he is catering to the nutjobs, like the Montana militia and the “patriot” protesters in Oregon. It's time to wax their asses.

    Jan 23rd, 2016 - 07:13 pm - Link - Report abuse 0
  • Marti Llazo

    @13 In other words, Argentina is screwed no matter what what form of government is selected.

    Barba crescit caput nescit.

    Jan 23rd, 2016 - 07:31 pm - Link - Report abuse 0
  • yankeeboy

    First, Trump’s support is not particularly ideological. In recent YouGov polls, 20 percent of his supporters describe themselves as “liberal” or “moderate,” with 65 percent saying they are “conservative” and only 13 percent labeling themselves as “very conservative.” Less than a third of his supporters say they are involved with the Tea Party movement. Their views put them on the right side of the American electorate, but they cover the Republican mainstream.

    In terms of demographics, Trump’s supporters are a bit older, less educated and earn less than the average Republican. Slightly over half are women. About half are between 45 and 64 years of age, with another 34 percent over 65 years old and less than 2 percent younger than 30. One half of his voters have a high school education or less, compared to 19 percent with a college or post-graduate degree. Slightly over a third of his supporters earn less than $50,000 per year, while 11 percent earn over $100,000 per year. Definitely not country club Republicans, but not terribly unusual either.

    People are so uninformed its scary.

    Jan 23rd, 2016 - 07:35 pm - Link - Report abuse 0
  • Tarquin Fin

    @16 Marti, take this just as a coincidence because in no way I am trying to harass you, but you'll be surprised how reasonable Argentines are at large. I mean, you are basing your post on Enrique Massot's comment who btw is an open supporter of the Kirchnerite past gov't.
    Yes, you'd find a large number of reasons not to like the Argentine, but at least make an effort to justify this hatred from a well informed attitude.

    Jan 23rd, 2016 - 07:40 pm - Link - Report abuse 0
  • Marti Llazo

    @18 TQ, thank you for your reasoned response. My observations on Argentina are based in large part on long years of experiences, in living and working in Argentina, from Catamarca to Tierra del Fuego, in having been detained by the Dirty War Argentine government, in economic investment and journalism here, and a large number of other direct and very telling interactions. I will certainly agree with you that there are a significantly large number of reasonable, agreeable, intelligent, literate, creative, skilled, exceedingly honest, generous and positive Argentines, and it has been a delight and a privilege to have enjoyed their company for all these many years. I might also mention that the famous Benedicto “Chiche” Caldarella was among them, in part due to the nature of my work here back in the 1970s.

    But it is that larger number, the dregs and refuse that are found at all levels in this fosa fétida that is peronismo and its legions of arrogant bastard children, that have forever sullied and spoilt this otherwise potentially fine place, to whom my criticisms are directed, and who bear the responsibility for the degradation and the hopeless shambles in which this ungovernable country will always and forever find itself.

    Jan 23rd, 2016 - 08:41 pm - Link - Report abuse 0
  • Captain Poppy

    No, you attempting to convince others of what you are is scarier. I stick by what I said in both posts.

    Jan 23rd, 2016 - 09:39 pm - Link - Report abuse 0
  • yankeeboy

    Try again in English.

    Far as I know I never “attempted” to convince anyone of anything.

    Jan 23rd, 2016 - 09:44 pm - Link - Report abuse 0
  • Captain Poppy

    To stupid to read between the lines? Stick to reading your British based polls. Enjoying the snow? Most cable is out in the southern northeast states. Sure happy not to be in the states like you.

    And it's como. I will eventually find.

    Jan 23rd, 2016 - 09:58 pm - Link - Report abuse 0
  • yankeeboy

    I guess so.

    RCP is from the USA.

    What British based polls?

    It is nasty here but my cable is on. Currently watching Master Chef Kids from Friday night.

    You'll find what?

    Jan 23rd, 2016 - 10:29 pm - Link - Report abuse 0
  • Briton

    When will the nominations take place, and will we know who will go for president.

    Jan 24th, 2016 - 12:49 am - Link - Report abuse 0
  • yankeeboy

    24. Both the Dem and Repub conventions are at the end of July.

    Jan 24th, 2016 - 01:57 am - Link - Report abuse 0
  • Marti Llazo

    Meanwhile, the topic.

    Anyone with the least sense of history (both of you) should be viewing Macri's “return to the world” and debt renegotiation as a sort of déjà vu circus. The same silly slogans appearing in the press and the mouths of the junk-sellers today are almost word for word the same as those that came out of news on the Argentine conditions of the early 1990s, when of course Argentina was shut out of international financing sources for - you guessed it - the inability to pay its debts.

    Naturally the earlier restructuring of Argentine debt (esp about 1993) was followed shortly thereafter by yet another default as most remember, in 2001. Another curious point: some of Argentina's current debt in default has been through as many as five restructurings and possibly more, and some has already been in default at least twice, as well as a portion having received some degree of haircut.

    You don't need to read much Spanish to see how these 1990s themes [below] have been mindlessly recycled today ( “return to the international financial community” ... “restore credibility”.... “attract foreign investment” ....and bla bla bla). Nor much common sense to know that the outcomes this time are not going to be any better. The inability of the human race to learn from the chronic and recurring failure of Argentina is simply startling.


    La emisión de Bonos Brady representa para el país emisor:

    a. El retorno a la comunidad financiera internacional.

    b. La posibilidad de restaurar su credibilidad y por tanto poder atraer inversión extranjera.

    c. Promover el desarrollo de nuevos instrumentos en el mercado local pues los Bonos Brady son una referencia benchmark para nuevas emisiones

    Jan 24th, 2016 - 02:54 pm - Link - Report abuse 0
  • Briton

    23 yankeeboy

    Jan 24th, 2016 - 08:26 pm - Link - Report abuse 0
  • Tarquin Fin

    @19 Marti

    Thanks for your post. I can see that you clearly know what you are talking about and that you obviously have been around longer than I for I would have not been old enough at that time for the dirty war to take me in.

    Regarding your comment at @26, you're are right. It hasn't escaped me that this gov't statements sound a lot like those Brady punch lines you revived. But, anyway, I still think that Macri's gov't will at least be a notch better that the crazy bunch that just left. I mean, what other alternative did we have? Elect Scioli? Guess not.

    However, I sense that your point is not about any particular political coalition lately but rather about the most dangling mystery about Argentina: Why do this people borrow so much money if they know it will be stolen and they won't be able to pay? A question worthy of an entire x-files season.

    Jan 24th, 2016 - 11:21 pm - Link - Report abuse 0
  • Marti Llazo

    @28 Yes, we are dealing with the least of readily available evils. We all wish the best for the Macri movement, and he has made many positive moves in the past month or so. Many of those he has selected for his government are somewhat qualified. But for what they will have to overcome for lasting success they do not have the necessary munitions or experience or potential tenure.

    You accurately alluded to one of the key mysteries: why is Argentina so unable to manage money? It reminds me of a related observation many years ago, concerning Bs As, that at the time was rather well managed. The question arose-- why can Argentina run such a city so well, and yet when attempting management on a larger scale, fail so completely in running a country?

    So here I am in southern Patagonia, dividing my time between the estancia and the old house that is almost in the shadow of the Kirchner residence in Río Gallegos. And call me old fashioned, but whether here or in the camp I still listen to Larralde, who coincidentally was playing as I wrote this:

    Que destino puede darte, quien no asume tu destino,
    quien tiene rota la parte, de pensar en argentino... Patagonia.
    Patagonia, Patagonia, embarazada de mitos,
    que se mezclan con el viento y el aliento de tus hijos... Patagonia.

    un abrazo

    Jan 25th, 2016 - 01:34 am - Link - Report abuse 0
  • ChrisR

    @ 29 Marti Llazo

    Not too sure about “a hug”!

    A good twatting around the head with a base ball bat for those Ks in charge might be more “helpful”.


    Jan 25th, 2016 - 10:51 am - Link - Report abuse 0
  • Zaphod102

    @1 “Macri didn't 'trigger' a devaluation, that had already occurred under TMBOA”

    Correct. The devaluation was evident in the blue dollar rate which was probably close to the effective market rate so when Macri allowed it to float the official rate adjusted to closer to the blue rate and there weren't any of the predicted disasters. People were already adapted to the reality of the devaluation.

    It was actually a win-win-win for Macri since allowing the official rate to float to the market rate gained him credibility with the International community (win 1) without any extra pain of devaluation since that was already absorbed by the blue market (win 2) and he didn't have to keep throwing reserves down the toilet to maintain an illusion (win 3).

    Jan 25th, 2016 - 06:20 pm - Link - Report abuse 0
  • ChrisR

    @ 31 Zaphod102


    Jan 26th, 2016 - 11:16 am - Link - Report abuse 0
  • Zaphod102

    It is not apparent from this article how much Macri's popularity has increased since the election. The implication it that it is an increase of about 15%, but this may not be correct. The interesting thing would be how the popularity of CFK has changed in the same time. Has there been a “15%” shift in popularity away from CFK to Macri? If so, that is a large collapse in support for the Ks. Maybe people have realised that they have been lied to? If so, it will be interesting to see how these statistics change as the restrictions are removed and the economy improves. If support keeps shifting away from the Ks at this sort of rate (given that it will slow down and there will always be a residue of fanatic idiots) then that could be the end of Kirchnerism. We shall see...

    Jan 27th, 2016 - 05:49 pm - Link - Report abuse 0
  • Marti Llazo


    Encuesta/poll results for the one-month mark:


    Macri 71 % approval - which Poliarquía says is 7 points higher than CFK in January of 2008 but one point less than her highest approval in 2012. The “negative image” number for Macri was 18 percent.

    Poliarquía also polled the “image” of CFK at the same time as 33% positive and 45% negative (highest negative since April 2010).

    For pollsters Management & Fit - for the one-month mark:

    Macri 49.8 % positive, negative at 22.3%
    CFK 35.2% positive and 34.7%

    There's a recent page where you can see some of the recent polls and their numbers for a larger number of politicos, along with trends for the past month.

    Jan 27th, 2016 - 07:05 pm - Link - Report abuse 0
  • Zaphod102

    Thanks Marti. It will be interesting to track these trends.

    Jan 28th, 2016 - 04:04 pm - Link - Report abuse 0
  • axel arg

    During the campaign, when many members of kirchnerism warned about the austerity measures that Macri would take in case of winning the election, he, his followers, and his adict press, which is the most powerful from Argentina, (clarin and la nación), accused C. F. K's government of making a fear campaign against Macri's party, in fact, he victimized him self, and denied all those accusations, however, unfortunately time showed that we were right, but now it's already too late, because he is the new constitutional president, and many people will suffer the consecuences.
    When he promessed to eliminate the restrictions to buy dollars, many economists of different ideological postures, including conservatives, warned that the only way of doing it, was with a big devaluation, even the polls that measure inflation, which were used by the opposition, showed that the figure wasn't growing along 2015, however, After the result of october 25th, he had real chances of winning the election, as much as Scioli, that's why when many producers were asked about the reason why they were rasing the prices of the products, they answered it was because of the devauation that Macri would implement in case of winning the election. Anyway, even beyond all these objetive facts, it's absolutly expectable that many people will keep on believing that the devaluation was unavoidable, despite that Scioli proposed something different.
    On the other hand, it's also pretty expectable that despite the failure that many of those polls that measure the popularity of the politicians showed in the last election, and in others, many citizens will continue to believe what they publish, i think they should remember that during the campaign, most them signalized that Massa's popularity had grown, and Macri's had diminished, although unfortunately, it's well known that there will always be ingenous people.

    Jan 30th, 2016 - 07:00 pm - Link - Report abuse 0

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