Poverty in Argentina on the rise, Catholic University research shows

Monday, July 15th 2019 - 12:16 UTC

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Poverty in Argentina reached “35 per cent” so far this year, according to Argentine Catholic University (UCA), it was reported last week. Read full article

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Enrique Massot
Oh, yes, but Mercosur has signed a trade agreement with the EU that will finally bring plenty prosperity to Argentina under the wise guidance of none else but master rudder Mauricio Macri!

But not yet. Prior to reaching economic and social Nirvana, Argentines must still put their ambitions on hold for just a little while. They also must first re-elect Macri for another four-year term to finally allow the long-promised 'second semester' to become reality.

Poverty reaching 35 per cent is good but not enough. Unemployment has reached two digits, but don't forget that Macri's goal is 15 per cent at the very least, which will allow for a deep reform of labour laws as demanded by the IMF. Once unemployment is high enough, workers will stop looking for better wages; they will just be happy to earn ANY wages.
Jul 17th, 2019 - 03:45 am - Link - Report abuse 0
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