Argentina’s “Magician” or a PR Illusion? “Individuals Are Scavenging Through Waste and Residing on the Streets”
Since assuming office, Argentine President Javier Milei has implemented stringent austerity measures, which involved cuts to public services like soup kitchens and healthcare. Although the official inflation rate has fallen from 276% to 66.9% and the poverty rate has decreased by 14%, an increasing number of individuals are observed scavenging through trash cans for food, while some report that they can only afford to purchase groceries when they are significantly marked down. Economists caution that the nation's consumer price index is outdated and fails to accurately capture the actual increase in living expenses.