Agree that if people don't feel an improvement soon the tides will probably turn. I think that the new President is doing a lot of good things. It is impressive how much they have been able to do with only having a few people in their political party. I know Argentina is in a recession but I wonder how things will be next year. Fascinating watching everything and reading some of these posts.
I don't think that retirement in any country is expected to be the only source of money. I know it is not in the States. How much has the typical retiree contributed or paid into the system in Argentina? I read somewhere that many are eligible and they haven't paid much into the system. I don't know if that is true or not. $224 dollars doesn't seem like a lot but cost of living there is much lower than other places.
I don't think you should really be comparing pensions in Argentina with first world countries. Odds are people paid in a lot more into their pensions in these other countries vs. Argentina. From what some locals have told me, many of the lower and middle classes haven't really paid that much in. Looking at this photo that has the countries, countries that have a much stronger economy like Chile is only at $290.
Very true. I'm not sure the system in Argentina but here in the US, both the employee and the employer pay towards social security. Isn't the medium income in Argentina only around $500 bucks a month? If so by that measure, it seems like $225 is understandable. Maybe the government will increase this as the economy improves.
What am I missing here? If the minimum pension was only $156 USD with previous administration and it's $224 USD now. When you say @CecilM that he promised not to touch pensions and "here we are" what do you mean? Did he touch the pension? That is a healthy % increase from what they were getting before. What are you advocating it should be?
That's what I don't get. Even their Economic Minister is saying that in real terms accounting for inflation their payments have gone up.
www.expatsba.com
They just have to cut down on all the corruption but I fear it's an impossible task. Impossible when the Senators all want to give themselves huge raises and don't want to with the pensioners. At least Milei is reasonable with his own salary to set a good example.This is what I mean when I say that budget cuts should target a different sector. Here we have a senator, who happens to be libertarian in this case, but could just as easily be Peronist, that’s not the issue, who openly admits to having 15 advisors. He even justifies the expense by saying he needs them for his campaign because he wants to run for governor of his province. I think this needs to stop; it's disgraceful. I hope the attention this issue is getting leads to some action.
Politics - Libertarian Senator Abdala admitted that he has more than 15 advisors and most of them work in San Luis because his desire is to be governor - Infobae
Libertarian Senator Abdala admitted that he has more than 15 advisors and most of them work in San Luis because his desire is to be governor - Infobae Source: https://www.infobae.com/politica/2024/09/05/bartolome-abdala-tengo-15-asesores-porque-mi-deseo-es-ser-gobernador/ September 05, 2024...
apnews.com
But from the sound of things, the pension payments were even lower under CFK yes? I am guessing the pensioners were probably protesting then too? It sounds like these protests are perpetual and been going on for decades no matter which President is in power. The "who can live on only $XXX" line has probably happens every election cycle I am guessing?
Protests are a part of life here. Seems like someone is always complaining here and there are protests.
Unfortunately there are probably thousands of things like this. If they can just get rid of the corruption, there should be plenty of $$$. This government is weeding out some of it but it will probably take many years to find all of it.
www.infobae.com
Meanwhile, families are needing more and more money just to live decently and avoid falling below the poverty line... it’s sad.
www.infobae.com
You are looking at the glass half full. Consider that many people were forced to sell their cars as they can't afford them anymore. I know 3 people that had to sell their car at a deep discount just to put food on the table. Many can't afford to keep their automobiles now. So my guess is the activity is people forced to sell their cars.
