Message from @The Big Oof
Discord ID: 521690668712591364
just as much as it is of ad hominem
blah blah logical fallacies n sheit
@ritasuma no they didn’t
lol
GDP was tiny Lol
GDP per capita atleast
<:Dude:459545653031469068>
@sɪᴅɪsɴᴏᴛʜᴇʀᴇ He caused in economic crisis late into his first term, which he corrected in his second.
What's the problem?
It did work
Wages rose significantly in under peron in real terms
(even when taking into account inflation)
A lot of people like to point to the mistakes he made in his first term without looking at what he did to correct them
Also
this graph
Is being presented rather disingenuously
Videla, who removed Peron's second wife from power, pursued a chicago boy, free market economic model like Pinochet did and debt sky rocketed under his regime
wages fell, and debt soared
which was during the free market stage
of argentina
Can I see the source of the claim for the increased price of goods? I'm not saying you're wrong, I just am doubtful that a 30% increase in wages would not offset that
@The Big Oof He causes an economic crisis
Throughout the whole years
Hence why he was also removed from office through a coup
Then Argentina was in massive inflation( in his years and beyond) 30%, 40% inflation
Then hyperinflation struck
And no Argentina wasn’t even close to a free market model after he left
They were the top richest country before he came into power
His planned economy caused massive problems
inflation, debt, incomes
real wages did not rise for sure
Inflation was too high
And nominal wages rises weren’t high enough, not even close
30% wage increase would not have happened anyways
Not even close to 10%
It’s just a case of central planning and it shows that they do not work and it’s not an efficient way of allocating resources. Argentina before hand was one of the top richest countries, after his rule they were in deep shit and it only got worse.
It’s a sad tragedy but this is what happens when you go to socialism
YouTube out of Google hands would be great. Used to be a place where you could post whatever you wanted in terms of videos, and now if you don’t follow mainstream bullshit you get fucked up your ass with a red hot poker.