Sounds like Milei's approval ratings are starting to go down

[JonJLA]

I am not on the ground in Buenos Aires until later this year but it sounds like his approval ratings are starting to go down. Hopefully people can hang in there with these austerity measures but probably easier said than done.

Milei’s popularity drops despite early support, studies show - Buenos Aires Herald

The president’s approval numbers have dipped to their lowest level since the start of his administration

buenosairesherald.com

 

[Betsy Ross]

Yes the numbers are not surprisingly heading lower with the recession and also rising cost of living.

 

[Larry]

This trend will keep getting worse as the recession drags on and more people lose their jobs.

 

[Val]

Of course his image is declining, especially among those who voted for him and now feel regret and disappointment. And honestly, it's not surprising. The country is going through a major crisis, and he just asks for patience. I want to see how he tells that to a family that has to cut back on meals because they can't make ends meet. Meanwhile, they pose with Susana Giménez and record for her show.

https://twitter.com/x/status/1839419671944253499

 

[Vince]

Of course his image is declining, especially among those who voted for him and now feel regret and disappointment. And honestly, it's not surprising. The country is going through a major crisis, and he just asks for patience. I want to see how he tells that to a family that has to cut back on meals because they can't make ends meet. Meanwhile, they pose with Susana Giménez and record for her show.

https://twitter.com/x/status/1839419671944253499

I don't think there is anything wrong with doing PR and going on shows. It is a difficult situation to be in but there is a limit to how long people will wait. Let's see how things are in a year.

 

[Larry]

His popularity is going down like a broken submarine. 15% in September. A Di Tella poll suggested that trust in Milei’s government is lower than it was at this stage for his two predecessors, Alberto Fernández and Mauricio Macri. That is saying something. If this recession doesn't improve soon he has no future.

Javier Milei could be in trouble

President Javier Milei isn’t believed to have attended Sir Paul McCartney’s Buenos Aires concerts last weekend, but if he had, he would have heard thousands of Argentines belting out ‘Getting Better’. Are things getting better for Argentina? There’s enough in the World Bank’s latest assessment...

www.spectator.co.uk

Archived version

 

[Jenn]

His popularity is going down like a broken submarine. 15% in September. A Di Tella poll suggested that trust in Milei’s government is lower than it was at this stage for his two predecessors, Alberto Fernández and Mauricio Macri. That is saying something. If this recession doesn't improve soon he has no future.

Javier Milei could be in trouble

President Javier Milei isn’t believed to have attended Sir Paul McCartney’s Buenos Aires concerts last weekend, but if he had, he would have heard thousands of Argentines belting out ‘Getting Better’. Are things getting better for Argentina? There’s enough in the World Bank’s latest assessment...

www.spectator.co.uk

Archived version

This is what I don't understand. One day I read the poverty is getting worse. Then the next day I will read another article that says the poverty is actually improving. It is difficult to make heads or tails of this. Which side is right?

 

[earlyretirement]

His popularity is going down like a broken submarine. 15% in September. A Di Tella poll suggested that trust in Milei’s government is lower than it was at this stage for his two predecessors, Alberto Fernández and Mauricio Macri. That is saying something. If this recession doesn't improve soon he has no future.

Javier Milei could be in trouble

President Javier Milei isn’t believed to have attended Sir Paul McCartney’s Buenos Aires concerts last weekend, but if he had, he would have heard thousands of Argentines belting out ‘Getting Better’. Are things getting better for Argentina? There’s enough in the World Bank’s latest assessment...

www.spectator.co.uk

Archived version

This is actually a great article. I read it early this morning. It is accurate. Progress is being made. Again, I don't agree with everything he is doing but then again I haven't agreed with everything any President has done. People always mention it but he inherited a tremendous mess. Anyone that expected things to get fixed quickly are very mistaken. I have always said that I hope my kids can see systemic change in Argentina in their lifetime. I hope to see it in my lifetime too but I know Argentina enough to know this is an uphill battle. Just the accomplishments to date are tremendous and harder than people think.

Many things are damned if you do and damned if you don't. Hyperinflation is a very ugly and nasty thing. Milei himself has said this will take years to solve not months.

I have been through 5 Presidents in Argentina now (9 if you count the rapid-fire succession of 5 Presidents in 12 Days after the Corralito). I don't think anyone has had a tougher job. One thing I strongly agree with that article above and something that I have posted publicly is that if people get angry enough they won't care about what caused the mess. They ultimately just blame the President who is the person in charge. They won't care about anything else.

You can do the math. If things don't turn around by next year and the Mid-term elections, the people will vote. If poverty levels drastically increase those people will be in the streets. It kind of all depends on how much patience they ultimately have.

This is what I don't understand. One day I read the poverty is getting worse. Then the next day I will read another article that says the poverty is actually improving. It is difficult to make heads or tails of this. Which side is right?

Each side has a vested interest in telling their own story. I always tell people they need to wait until next year to get a better picture of things. I don't discount the articles that talk about increasing poverty levels. Just about everyone that I know there that aren't from wealthy families are more well to do families are all feeling the recession. Many of my friends there that I have known for 20+ years are on a budget or going through their dollar savings just paying bills so I know the struggle is real.

In reading all of the massive amounts of media/posts I always say things aren't nearly as bad OR good as people are pretending they are.

 

[Vince]

In reading all of the massive amounts of media/posts I always say things aren't nearly as bad OR good as people are pretending they are.

Probably the most accurate post I read lately. I tell people that ask me about it the same thing. People either seem to love him or hate him. No in between. I am actually still a supporter but don't see a path forward if you make the middle class disappear.

I have been through 5 Presidents in Argentina now (9 if you count the rapid-fire succession of 5 Presidents in 12 Days after the Corralito). I don't think anyone has had a tougher job. One thing I strongly agree with that article above and something that I have posted publicly is that if people get angry enough they won't care about what caused the mess. They ultimately just blame the President who is the person in charge. They won't care about anything else.

This is the period after the corralito that my wife left Argentina. She jokes now that we are moving to the USA next month ironically she is
"fleeing" Argentina again. This time on better terms maybe. I agree it won't matter what happened prior to cause issues. People will hold the person in charge accountable.

 

[MickMolloy]

Milei is like a guy with a very overweight wife, she comes home with a new dress and says "do I look good honey?" and he replies "no you are obese." Technically correct but not the way to a successful future

Public transport loses money, let's increase prices massively. Logical. Except the people using public transport to get to work are the ones who voted for him sick of working for peanuts while politicians steal millions. He should cut every peso from anywhere else before touching public transport. If half the country loves you and half hate you maybe don't continually do things that make the lives of the ones on your side harder

 

[James Bond]

Milei is like a guy with a very overweight wife, she comes home with a new dress and says "do I look good honey?" and he replies "no you are obese." Technically correct but not the way to a successful future

Public transport loses money, let's increase prices massively. Logical. Except the people using public transport to get to work are the ones who voted for him sick of working for peanuts while politicians steal millions. He should cut every peso from anywhere else before touching public transport. If half the country loves you and half hate you maybe don't continually do things that make the lives of the ones on your side harder

That is funny but true! Not only does he say you are obese he says you are a disgusting pig. Probably not the best way to reply or act.

Agree with you @MickMolloy. I don't think you will ever make money on public transportation in Argentina. Sure prices should come up but not the multiples they are raising it! People are just trying to get to and from work and sticking it to them is not smart. Lots of places to take money from and making public transport very difficult to afford isn't the way to make it in office long. It makes no sense to me.

 

[Uncle Wong]

Milei is like a guy with a very overweight wife, she comes home with a new dress and says "do I look good honey?" and he replies "no you are obese." Technically correct but not the way to a successful future

Public transport loses money, let's increase prices massively. Logical. Except the people using public transport to get to work are the ones who voted for him sick of working for peanuts while politicians steal millions. He should cut every peso from anywhere else before touching public transport. If half the country loves you and half hate you maybe don't continually do things that make the lives of the ones on your side harder

I bet in a lot of countries public transportation isn't profitable. Should be looked at as a public service or all hell breaks lose if people can't get to work or get around town affordably. People say it was so cheap before but if you're making pesos it isn't too cheap. You don't want to make it so people are starving and can't get to work. Chaos can happen.

 

[earlyretirement]

Milei is like a guy with a very overweight wife, she comes home with a new dress and says "do I look good honey?" and he replies "no you are obese." Technically correct but not the way to a successful future

Public transport loses money, let's increase prices massively. Logical. Except the people using public transport to get to work are the ones who voted for him sick of working for peanuts while politicians steal millions. He should cut every peso from anywhere else before touching public transport. If half the country loves you and half hate you maybe don't continually do things that make the lives of the ones on your side harder

LOL. This is funny but a good analogy. I do think that public transportation rates needed to come up but you can't raise them the amounts they are raising them so quickly. There is a limit to how much pain people will take. Sticking all of this on the lower and middle classes is probably not going to be a long-term winning formula in a poor country like Argentina.

I love a lot of changes the government is making. Many of the regulations, elimination of State spending, cutting taxes and common sense changes. But you have to know your audience. Using @MickMolloy's analogy sometimes it probably makes more sense to be diplomatic. If your goal is to get a divorce and you don't care then that is one thing. But Milei doesn't want to get "divorced" from Argentina.

Things like bad-mouthing your biggest trading partners make no sense to me. I posted since last year that it makes absolutely NO sense to antagonize China and Brazil. Lula is a moron. No one will argue with this and Argentina doesn't have to agree with everything but to not even meet with Lula until now is just idiotic. President Milei is heading to Brazil to meet Lula for the first time at the G20 next month and it's a very positive thing. He is also going to visit China.

Majority of Argentines are poor. People can try to argue if the poverty rate is increasing or decreasing. The point is that it is very bad and you have to realize that you can't put all of this on the poor and middle classes. It's a horribly difficult situation being President and trying to solve everything. No one is going to solve anything quickly. But you don't want to cut your term short and have to pick and choose your battles.

 

[Betsy Ross]

LOL. This is funny but a good analogy. I do think that public transportation rates needed to come up but you can't raise them the amounts they are raising them so quickly. There is a limit to how much pain people will take. Sticking all of this on the lower and middle classes is probably not going to be a long-term winning formula in a poor country like Argentina.

I love a lot of changes the government is making. Many of the regulations, elimination of State spending, cutting taxes and common sense changes. But you have to know your audience. Using @MickMolloy's analogy sometimes it probably makes more sense to be diplomatic. If your goal is to get a divorce and you don't care then that is one thing. But Milei doesn't want to get "divorced" from Argentina.

Things like bad-mouthing your biggest trading partners make no sense to me. I posted since last year that it makes absolutely NO sense to antagonize China and Brazil. Lula is a moron. No one will argue with this and Argentina doesn't have to agree with everything but to not even meet with Lula until now is just idiotic. President Milei is heading to Brazil to meet Lula for the first time at the G20 next month and it's a very positive thing. He is also going to visit China.

Majority of Argentines are poor. People can try to argue if the poverty rate is increasing or decreasing. The point is that it is very bad and you have to realize that you can't put all of this on the poor and middle classes. It's a horribly difficult situation being President and trying to solve everything. No one is going to solve anything quickly. But you don't want to cut your term short and have to pick and choose your battles.

Agree. I think the government should hold off on more increases to the transportation sector until recession is over. Also hold off on raising utility rates more. You are just going to alienate people if you allow prices to get out of control. The half that doesn't already hate you is going to start hating you.

 

[Wally]

Things like bad-mouthing your biggest trading partners make no sense to me. I posted since last year that it makes absolutely NO sense to antagonize China and Brazil. Lula is a moron. No one will argue with this and Argentina doesn't have to agree with everything but to not even meet with Lula until now is just idiotic. President Milei is heading to Brazil to meet Lula for the first time at the G20 next month and it's a very positive thing. He is also going to visit China.

But you have to admit that Lula is a moron for continuing to demand an apology from Milei. He should just drop it. Who knows if Milei will even talk to Lula. I think he should but he is probably going more to hob nob with Biden and Xi Jinping vs. Lula.

We know Milei isn't going to apologize so Lula should just drop it and try to maintain some relationship with Milei.

 

[earlyretirement]

Actually the popularity numbers have gone up this month. Very positive.

Milei's popularity rebounds as Argentina's markets hit record highs

His approval rating jumps 12% in one poll, after it slid in September because of tensions around pension reforms

www.voanews.com

Argentina's President Javier Milei has seen a significant rebound in his popularity ratings in October, according to recent polls. This surge in approval comes as the country's markets hit record highs, showcasing the impact of Milei's pro-market reforms

Key points from the article:

Popularity Boost:

• Milei's approval rating jumped by 12% in October, as reported by Torcuato Di Tella University
  
  
• Another survey by Aresco showed government approval increasing to 52.5% from 49.6% in September

Economic Indicators:

• Inflation, while still in triple digits annually, has been decreasing sharply each month
  
  
• Foreign currency reserves are being rebuilt
  
  
• The government has turned around a deep fiscal deficit

Market Response:

• Bonds have jumped further away from distressed territory, rising on average 1.2%
  
  
• J.P. Morgan's risk index for Argentina's debt hit its lowest level since mid-2019

Milei's Approach:

• Implementation of tough spending cuts
  
  
• Pursuit of a non-negotiable zero deficit plan
  
  
• Tight monetary policy to tame inflation and reduce exchange rate gaps

Challenges:

• Argentina is still battling triple-digit inflation and recession
  
  
• Poverty levels have risen sharply despite economic improvements

Market Sentiment:

• Fears of potential sovereign debt defaults are receding
  
  
• Analysts note that Milei is succeeding in making the market happy against the odds

Despite the tough economic background and painful austerity measures, Milei's straight-talking style and market-friendly policies have managed to maintain voter support while significantly boosting market confidence

 

[Wally]

It is amazing the staying power of his approval ratings with all of these cuts and increases. Time will tell.

 

[Uncle Wong]

It is amazing the staying power of his approval ratings with all of these cuts and increases. Time will tell.

The question is which polls do you trust. Some articles say he is doing better and others say he is doing worse.

Milei is Argentina’s most popular leader but disapproval grows

About 41% have a positive image of President Javier Milei, according to a new poll, but approval has been decline as austerity measures bite.

www.batimes.com.ar