Argentina's poverty rate soars past 50% under Javier Milei - eviltoast

Staunch libertarian Javier Milei has implemented a range of austerity measures since taking office. His government blamed previous administrations for the dire economic situation.

The poverty rate in Argentina reached 52.9% during the first six months of Javier Milei’s government, the national statistics agency reported on Thursday.

It marks the highest poverty rate since 2003, and a 11.2% increase compared to the second half of 2023.

The number of people living in extreme poverty grew by 3 million during the first half of 2024, according to the report.

The statistics agency calculates poverty by comparing household income with the cost of a basic basket of goods, which amounts to around $240 (€215).

  • WhatAmLemmy@lemmy.world
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    2 months ago

    Thanks. I was pointing the ridiculousness of journalists stating information — on the fucking internet — without directly linking to evidence. They have a world of sources they could link to, probably that their own company reported on in the past, and that they — as journalists — should have cross referenced before stating that information. Why should consumers have to independently Google pieces of information when the platform can hyperlink to numerous sources for verification?

    You see the absurdity in stating information as fact, without sourcing evidence, right? This isn’t fucking Lemmy or Reddit as a source. This is a major news organization, staffed with journalists who completed an entire degree being educated in how to source and reference information…