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Is Macri's economic plan good or bad for Argentina?

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Depends of where you are, economically speaking. Politics is affecting the interests of groups of people. Always. Macri’s Economic plan is quite clear for someone who knows a little bit of history. Almost every decision he has made so far is very bad for the poor or medium class, and amazingly good to big companies. read more

He has proposed tax cuts for upper-income groups. That suggests that budget cuts are in the offing, since Macri has pledged to reduce the government budget deficit. The majority of Argentines are likely to suffer from such an economic transition. read more

NEW YORK – Argentina’s economy is struggling. Last year, the country suffered stagflation, with GDP dropping by 2.3% and inflation reaching nearly 40%. Poverty and inequality increased; unemployment rose; and foreign debt grew – and continues to grow – at an alarming rate. read more

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