MercoPress. South Atlantic News Agency
Argentines continue to support Macri despite disappointment with the economy
Most Argentines are pessimistic about the country’s economic situation, but they are continuing to stand by Let’s Change (Cambiemos) leader President Mauricio Macri, a new poll by the San Andrés University (UdeSA) has found. Read full article
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Disclaimer & comment rulesMeanwhile, next door in Chile, the socialist president Chanchelet is enjoying an approval of 19 percent, the lowest ever recorded, along with a rejection rate of some 73 percent.
Aug 08th, 2016 - 01:58 pm - Link - Report abuse 0http://www.latercera.com/noticia/politica/2016/08/674-691756-9-bachelet-bajo-la-barrera-de-los-20.shtml
There are still 15M arsehole Peronistas in the country.
Aug 08th, 2016 - 02:14 pm - Link - Report abuse 0Macri will never be able to get rid of the fiscal drag that these cretins will impose on the rest.
With the exception of 'The Malvinas' nonsense and a reservation on handling the Unions I cannot see how the poor sod could have done any better.
The pot banger probably thought he only needed six months to overcome the years of TMBOA and Bug-eye.
Funny that MP would publish this “optimist” opinion poll but nothing about the 100,000 citizens who yesterday marched in Buenos Aires asking for food, jobs and shelter and asking president Macri to stop the carnage.
Aug 08th, 2016 - 03:55 pm - Link - Report abuse 0Meanwhile, reassuring opinion polls like this one tell Macri not to worry--the populace can still tight their belts one or two more holes.
As the say goes:
“Tout va très bien, Madame la Marquise--Tout va...très bien!”
Funny that a Canadian should pretend to care.
Aug 08th, 2016 - 04:16 pm - Link - Report abuse 0Let's judge him at January 2017, January 2018, January 2019 and at the start of the 2019 elections, no?
You remind me of the parent who's child started piano lessons and after 6 months, they are irate that the child is not playing Chopin.
100,000 lol
Does a socialist understand that it takes a business to create a job, not a government? MAcri rid the government of the scabs hired as fake job created by kirchner ass lips, but without real businesses there are not real jobs. ANd when Argentina expects businesses to give all the profits to Argentina, business sa.....“fuck off” and leave. Macri's job is to TRY and sweet talk them back. Argentina's entrepreneurs are not and can not make happen with what Argentina has needed for the past 15 years.....international business. Go look at your role model Quique....Venezuela. Learn what they did to international business and what happened to their socialist experiment. Unless, you may very well think that is utopia. The richest oil country in the world and they use pesos to wipe the shit off their asses.
MCriPress
Aug 08th, 2016 - 04:25 pm - Link - Report abuse 0Ahhh the master puppeteer.
Aug 08th, 2016 - 05:25 pm - Link - Report abuse 0Why do socialists the concept of the profit motive, risk reward etc, etc? You can't image just how much sopping I get subjected to and my extended Argentine family visits because of the shit quality or outright lack of product in Argentina. Well....for the Argentina working class that still has a work ethic.
#6 Cptn Poppy
Aug 08th, 2016 - 05:43 pm - Link - Report abuse 0Pleeeeease Captain. Nobody's asking for Socialism. Applying some good ole rules to create at least SOME sort of working Capitalism would be a good start.
Instead, wide-eyed Mauricio Macri wants to pull the country back to semi-feudalism--without the tanks on the street. That's the whole extent of his conundrum.
Hard to understand this from a Margaret Thatcher's point of view though.
I disagree with your statement of what Macri wants to do. I did not get that impressive during my visit and visits there, did you get the impression while you where there? I did not even get that impressive from the people I interacted with there as well....did you?
Aug 08th, 2016 - 07:15 pm - Link - Report abuse 0My impression was and still is that the biggest frustration is the economic transition and they all expected it. However, I did walk away with the biggest impression that most feel an actual government organization is running the running and not a group of thugs and narco traffickers.
BTW........try a few thousand for your so called 100,000 protest. The is the differenc ein BEING THERE and READING ABOUT THERE.
@8
Aug 09th, 2016 - 12:05 am - Link - Report abuse 0“...and not a group of thugs and narco traffickers.”
You forgot terrorists, Captain. And we wouldn't want Komrade Rique to feel left out now, would we? ;)
http://s1290.photobucket.com/user/imoyaro/media/komraderique_zpsqgxocsfu.jpg.html?sort=3&o=0
If Argentina just had a stable currency over the long run, that would not only allow people to save (creating capital for the country), but also those 250 billion outside Argentina would start coming back. And then add the hundreds of billions foreigners could bring in.
Aug 09th, 2016 - 03:20 am - Link - Report abuse 0Then, also families could pass on slowly their wealth to their next generation.
Ironically, the biggest wealth building process in the world is inheritance. The best way to get that magic going is having a stable currency and protection of people's private property. Then after two three generations you see the overall wealth jump dramatically.
#8 Cptn Poppy
Aug 09th, 2016 - 05:06 am - Link - Report abuse 0I am very impressed and reassured by the results of your direct observations made during your “visit and visits there,” no doubt very worthwhile and accurate.
I mean, you've been there, done that. Who can beat that?
You probably cared about talking to a good number of people in different socioeconomic levels and a good age cross-section.
“...the biggest frustration is the economic transition and they all expected it.”
Wow. Argentines expected the penury. Who said they are a people difficult to deal with?
The proof is handed in the Universidad de San Andrés' opinion poll:
Even if only 24 per cent of Argentines are “satisfied” about how the country is evolving, a whooping 50 per cent approve what the government is doing.
Isn't the dream? People are being royally screwed and want more of the same?
I am sure we are the envy of the World's nations at this very moment.
Oh, and I forgot to mention how good is to see the lack of bias in your observations. I mean, who would even suspect you of lack of impartiality?
The proof is in the pudding:
“...most feel an actual government organization is running the running and not a group of thugs and narco traffickers.”
@ 10 ” If Argentina just had a stable currency....
Aug 09th, 2016 - 05:15 am - Link - Report abuse 0If wishes were horses, we could all ride.
Argentina is genetically incapable of a stable currency.
Captain #8: However, I did walk away with the biggest impression that most feel an actual government organization is running the running and not a group of thugs and narco traffickers.“ You are absolutely right...then yesterday the bat-shit crazy botox queen flew through BA like a witch on a broomstick...”The former president continues hyperactivity disorder: yesterday attended mediation with Stolbizer, tevé opened a studio in Villa 31 and then received the former presidential candidate.” http://www.losandes.com.ar/article/maraton-de-cristina-actos-y-reunion-con-scioli
Aug 09th, 2016 - 11:56 am - Link - Report abuse 0Quique.....somehow I feel my observations, however small that they may e in scope are far more accurate then READING a slanted story in the comforts a BC Canada 7,200 mile away. Your an idiot or brainwashed to believe all that you read.
Aug 09th, 2016 - 01:14 pm - Link - Report abuse 0Tell me what streets in Argentina did your feet walk on in the past 10 years and I too will be impressed with your observations. First hand, empirical experience will all be more impressive than regurgitated, biased printed media. You must have cable? I watch Argentina news from my Massachusetts home as well.....every day.
WHY NOT SHALL WHY YOU ARE NOT ALLOWED TO RETURN TO ARGENTINA?
I'm sure those little boys, now all grown up, will not recognize your face.
Tobi, you want a stable currency, you will have it when Macri tamps down inflation as more market forces take root and big business see opportunity in Argentina. BTW.....still with one name, I hate addressing two names and one person.
President Mauricio Macri has been treating Argentines as a bunch of idiots--and as a result, his eight-month administration has been walking from fiasco to fiasco, dismantling the incipient domestic productive sector and promising a (so far hypothetical) “rain of dollars” in foreign investment as the big solution.
Aug 09th, 2016 - 03:12 pm - Link - Report abuse 0Scores of judges across the country told the government it cannot suddenly increase 10 or 15 fold the price of water, gas and electricity, and the government is now pressuring the Supreme Court to quash those decisions and rule the increases legal.
To that end, the snake-oil salesman has pulled another trick from his bag by calling a public Information Session where the reasons for the increases will be explained. This session, however, won't replace legislated Public Audiences that must be held prior to increasing utility bills, a step the Macri administration has so far refused to take--and one in which power generators must open their books to document their need for price increases.
According to Clarin, “The idea was born during the weekend in different layers of Government and started to be implemented yesterday.”
This level of planning has lots of potential to reassure both investors and the population at large.
http://www.ieco.clarin.com/economia/crisis-tarifas-Gobierno-audiencia-publica_0_1628237331.html
@15 Reekie: “President Mauricio Macri has been treating Argentines as a bunch of idiots-...”
Aug 09th, 2016 - 07:51 pm - Link - Report abuse 0-- And your point would be?
--
@15: “...“rain of dollars” in foreign investment...”
--Nobody trusts Argentina. Argentina has shown that world over and over again that it is corrupt, unreliable, corrupt, undeserving of foreign- investor confidence, corrupt, beset by populists and thieves, corrupt, unable to respect its neighbours, corrupt, unwilling to honour its contracts and obligations, corrupt, and corrupt. So why would anyone expect a rain of dollars?
@ “...increasing utility bills....”
-- Argentina has the lowest utility rates in the region. Even with the proposed increases, the little crybabies will STILL have the lowest utility rates in the region.
Léanlo y lloren, llorones:
“La Argentina tiene la tarifa de gas más baja de la región”
“El país, aún con el aumento de 400% en la factura, paga menos por gas natural que Chile, Brasil y Uruguay”
http://www.lanacion.com.ar/1917772-la-argentina-tiene-la-tarifa-de-gas-mas-baja-de-la-region
The range of prices that most (residential) Argentines pay for a cubic metre of natural gas, with taxes included, ranges from about US$0.05 to US$0.22 per cubic meter. In other words, it's essentially free.
Next door, in Brazil, the average residential cost for a cubic metre of natural gas is about US$1.42, or about ten times what is paid in Argentina. The average for Europe, the Americas, and Oceania is about US$0.89 In other words, the Argentines get their gas essentially free. And so they waste their energy, build poorly insulated structures, keep old heating devices with open pilots burning 24/7, and generally maintain wasteful third-world populist practices.
Some 40 percent of the national government's revenues are spent on energy subsidies.
“.....treating Argentines as a bunch of idiots-...”
---- There are good reasons for that.
Armchair Communist
Aug 09th, 2016 - 11:16 pm - Link - Report abuse 0“Scores of judges across the country told the government it cannot suddenly increase 10 or 15 fold the price of water, gas and electricity, and the government is now pressuring the Supreme Court to quash those decisions and rule the increases legal.”
Scores of Judges?
Evita K subsidized the oil gas etc. to such a degree that the services companies could not afford infrastructure maintenance, let alone upgrades or new facilities.
BTW the self - entitled citizens paying next to zero, now take it for granted after a generation of the “won-decade” as services crumble.
A little perspective:
$0 for services X 15 is still Zero!!
Quique, the first clue that you have a serious problem with your economics is when the government and judges are dealing with prices on most anything.
Aug 10th, 2016 - 10:17 am - Link - Report abuse 0The second indicator is when you pay more for a Romeo y Julieta Reserve then your monthly utility bill......when you can find one....WTF!!!
#16 Marti
Aug 10th, 2016 - 03:29 pm - Link - Report abuse 0Posting anonymously in MP you have the luxury of treating Argentines as “little crybabies” with impunity--besides downgrading the Martillazo brand to Grand Master of the Cheap Shot.
Unfortunately for him, Mauricio Macri was trusted by Argentine electors and has to face the consequences of the economic decisions he has been implementing in the last eight months--of which the tarifazo is just the proverbial straw on the camel's back.
And those consequences are piling up at speeds never witnessed in Argentina before.
They damage Macri and his team in the first place, and more importantly, for becoming a showcase for the shortcomings of the neo-liberal brand.
#17 Kanye and #18 Captain Poppy
No, guys, you got to improve those posts. Best look next time.
Back at ya sweetheart. But, what is say is a mere opinion and an opinion from you at that. In other words, you talk shit in Canada.
Aug 10th, 2016 - 04:05 pm - Link - Report abuse 0Have they dropped the child molesting charges in Argentina.........or was it assisting in torture your own kind? Even one, it's an interesting “MORAL COMPASS” as you say.
Mr. Canuck
Aug 10th, 2016 - 05:33 pm - Link - Report abuse 0“No, guys, you got to improve those posts. Best look next time.”
I gave you solid logical arguments.
I do that each time, but you cannot refute them.
Your K propaganda does not stand up to reason.
When Quique is faced with solid points, he strays and slights the poster in his mild, yet impertinence posts.
Aug 10th, 2016 - 06:25 pm - Link - Report abuse 0Quique you are an old and feeble, yet meaningless man with nothing left in his life aside from the fact you are waiting to die. Let me mail you some double edges. You can at least achieve something meaningful in your void you call a life.
#21 Kanye
Aug 11th, 2016 - 08:21 am - Link - Report abuse 0“I gave you solid logical arguments...you cannot refute them...Your K propaganda does not stand up to reason.”
I cannot believe you don't know the Macri government is facing serious problems. You are welcome to remain a supporter of Cambiemos--it's your right--but you don't own the facts.
And fact is, there is NOT A SINGLE economic indicator in the black in Argentina under Macri.
Inflation is already higher than during the government of Cristina Fernandez--over 40 per cent annualized.
Jobs have been lost--not ñoquis as you like to say, but many valuable workers in both public and the private sector have been let go or suspended.
Buying power has gone down, as inflation has eaten more than the wages increases agreed last time. Domestic consumption goes down.
Imports, which kill small and medium-size companies, have gone up by 30 per cent.
Merchandises such as butter and cooking oil are disappearing from the shelves.
The foreign debt has increased two-fold since the new government took office.
The much-promised “rain of investments” remains just that: a promise.
After refusing to do so for weeks, the government today backtracked and will send the minister of Energy Aranguren to answer questions about the energy costs increases from legislators the coming Tuesday.
If you are unable to find the information let me know and I will post the relevant links.
#20 and #22 Captain Poppy
Drop that med. It's not doing you any good.
Did you find many children in British Columbia quique? Of did Canada lock you down much quicker then Argentina?
Aug 11th, 2016 - 10:45 am - Link - Report abuse 0I have some great shark double edges......
Mr Massot,
Aug 11th, 2016 - 12:47 pm - Link - Report abuse 0Post your links please. I would be interested to see the accompanying commentary and the sources.
@23 ”The foreign debt has increased two-fold since the new government took office.
Aug 11th, 2016 - 02:20 pm - Link - Report abuse 0A characteristically false statement by Reekie.
Kirchnerismo lied about a lot of things, including debt, inflation, and default. CFK's government tried to pretend that by ignoring debt, it could be made to go away and thus not be countable. In fact, the many billions of unrestructured debt from Kirchnerismo tried unsuccessfully to ignore (and which pushed Argentina into its most recent of so many default events) were negotiated by the Macri government to actually decrease the unrestructured debt, which had been growing at alarming rates.
Nice try, Reekie. Your Kirchnerist silliness just doesn't hold water.
He's doing a good job.
Aug 11th, 2016 - 03:55 pm - Link - Report abuse 0Argy peeps need to keep the faith a little while longer.
#25 Kanye
Aug 11th, 2016 - 07:41 pm - Link - Report abuse 0Here you go for now:
Falling domestic consumption
http://www.ieco.clarin.com/economia/consumo-cayo-primer-semestre_0_1628837253.html
Additionally, here's an exceedingly well-written, well researched article published by Fortune magazine about the way the vultures operated with Argentina and the consequences of Macri's settlement.
http://www.ieco.clarin.com/economia/consumo-cayo-primer-semestre_0_1628837253.html
@ 28
Aug 11th, 2016 - 08:42 pm - Link - Report abuse 0The effects of Kirchnerist unwillingless to settle their foreign debt can best be summarised with the observation that Argentina's self-imposed isolation from normal international credit sources cost the country more than US$100 billion and over 2 million jobs.
But perhaps more importantly, the long-lived effect from which Argentina will continue to suffer from many more years is an world-wide awareness that the country is unreliable and unworthy of international business and banking confidence, except to those seeking heavy exposure to risk.
As a result of its long history of frequent and long-lasting defaults, populist governments, and unwillingness to responsibly comply with normal international financial standards, Argentina will continue to pay double the interest rates of countries like Chile.
So you see, the many negative effects and consequences of Kirchnerism will haunt and handicap Argentina's economy for decades, even if more responsible governments are in office.
Macri is on the right path, compared to the indecisiveness of Brazil.
Aug 12th, 2016 - 02:30 am - Link - Report abuse 0Argentina stands a chance of outpacing neighbouring economies in the medium term future.
http://www.forbes.com/sites/nathanielparishflannery/2016/02/22/will-argentinas-economy-finally-start-to-recover-in-2016/#58ea6db51488
@30 “Macri is on the right path, compared to the indecisiveness of Brazil.”
Aug 12th, 2016 - 03:28 am - Link - Report abuse 0A good deal of Argentina's hope for improvement in its economy depends upon Brazil getting its act together, since Brazil has become sort of Argentina's economy godfather. Many of the components that Brazil can more efficiently produce (which Argentina can't or won't, often due to its to high labour costs) end up in Argentina to be assembled here by semi-skilled or sheltered-workshop labour.
But Argentina, if it is to make any headway with foreign investment, is going to have to overcome one of its self-inflicted impediments: nobody, en su sano juicio, will trust Argentina. Nor does anyone of consequence have any real reason to do so.
#28 Marti
Aug 12th, 2016 - 10:01 pm - Link - Report abuse 0“...the many negative effects and consequences of Kirchnerism will haunt and handicap Argentina's economy for decades...”
Good. I believe Marti has given us the best assessment he can produce according to his best judgement.
Thank you Marti. Rendez-vouz in a few decades.
#30 Kanye
“Macri is on the right path...”
Well Kanye, it's good to see optimism. I would really like if you were right. Even if I don't trust Macri, I'd be happy to be proven wrong.
Could you illustrate us on the signs you see pointing in the right direction?
Thanks.
https://panampost.com/ivan-carrino/2016/05/24/cristina-kirchner-did-drive-argentinas-economy-into-the-ground/
Aug 12th, 2016 - 11:42 pm - Link - Report abuse 0The average Argentine pays 150 pesos a month for electricity after the rate increases......barely a good cigar and you think that's too much quique? 10 us dollars? With the international businesses hiring, things are moving in the right direction.
What do you think about Kirchner's construction minister arrested burying 8.5 U$ dollars at the convent?
Some balanced reviews, instead
Aug 13th, 2016 - 12:49 am - Link - Report abuse 0http://www.bricplusnews.com/economics/argentinas-president-mauricio-macri-mixed-performance/
Funny how Mr Massot the Sage of the Great White North was suggesting Macri, politician of the hot sticky south was a failure.
http://www.bricplusnews.com/economics/argentinas-president-mauricio-macri-mixed-performance/
To the contrary, the same link actually says he is moving quickly to change things - Argentines have to have a little patience.
Obama agrees.
While the civilised world has been attempting to conserve energy, Argentina as characteristically been wasting it. Between 2004 and 2013, the per-capita electrical energy consumption in Argentina increased by nearly 36 percent. (In contrast, between 1990 and 2014, the GDP for Denmark increased by 40 percent while energy consumption per capita was reduced by 7 percent. )
Aug 13th, 2016 - 08:18 pm - Link - Report abuse 0Argentina's approach to dealing with energy subsidies is helping keep foreign investors away:
“ The row over [Argentine energy] tariffs could slow the recovery. The courts’ injunction against the price increase has shaken foreign investors’ confidence in the legal system. ” (The Economist, August 2016)
-----------------
“.....treating Argentines as a bunch of idiots-...”
---- There are good reasons and ample opportunities for that.
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