Blogs

Argentines strike against spending cuts by government

May 10, 2024 | Local News

May 10, 2024

Train and metro services were halted on Thursday, with only a limited bus service operating, due to a 24-hour strike led by union leader Hector Daher. The strike aimed to send a message to President Javier Milei to reconsider cuts to subsidies and social programs. Milei, known for his right-wing economic stance advocating for significant public spending cuts, has implemented austerity measures since taking office in December. These measures are aimed at reducing Argentina’s public deficit and tackling the country’s soaring inflation rate, currently the highest globally at nearly 300% per year. While Milei’s government touts successes such as declining inflation, critics argue that these achievements come with economic downturns.

Union leaders like Daher argue that Milei’s cuts are unsustainable and push citizens to extremes. They threaten continued collective action if the government does not ease these measures. Some prominent figures, like actor Viggo Mortensen, criticize Milei’s administration, labeling it a “disaster” for Argentines. However, dissent towards the strikes exists, particularly from those reliant on public services for their livelihoods.

Despite criticism, Milei maintains popularity among Argentinians, with approval ratings around 45-50%, close to his election vote share. In response to criticisms, Milei defends his measures, asserting that inflation is the most damaging tax affecting citizens. He expresses pride in lowering government spending below tax revenue for the first time since 2008, arguing that his policies prevent inflation’s adverse effects, unlike previous administrations that resorted to printing money. Milei’s predecessor, Cristina Fernández de Kirchner, condemns the cuts as a “useless sacrifice of the people” following the strikes.

Did you like this article?

Did you like this article?

0 Comments

Latest Posts

Demand Explodes for the ‘I Love Reggaeton’ Block Party as Organ …

The countdown is officially on for one of the biggest Latin parties of the summer. The I Love Reggaeton Block Party returns to Assembly Park in Vaughan on Friday, June 26, kicking off the ASADO Festival weekend with an unforgettable night of music, food, and Latin...

Events

Related articles