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forest444

(5,902 posts)
2. Outside his hardcore right-wing base, a lot of Macri voters are already regretting their choice.
Mon Dec 7, 2015, 12:33 PM
Dec 2015

The dollar bill he waved at middle class voters by way of promises to lift limits on dollar purchases, turned out to be a lie (imagine that).

What he did stick them with, on the other hand, is this sudden bout of inflation - a direct consequence of his announced plans to devalue the peso by 45 tp 60% in one feel swoop or close to it.

This has been tried by past right-wing governments a number of times in Argentina's recent history, and it always tuned out the same way: a windfall for the wealthy at the cost of a sharp recession for everyone else. Macri knows this very well (his father, Franco Macri, was after all a big beneficiary in a particularly nasty such devaluation in 1981).

The Clarín Media Groups's cable news division, TN, managed to convince a lot of his voters that it was "all a lie" and that "Macri, the good guy he is, would never do that to hardworking people." They were very good at selling Macri.

I doubt. though. they'll be able to sell anyone his Macrinflation.
http://www.democraticunderground.com/110845684

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