Posted 1/24/2024, 11:52:11 PM
Thousands Protest Milei's Austerity Reforms Amid Record Inflation and Falling Wages
- Massive general strike with thousands protesting against President Javier Milei's austerity measures and economic reforms
- Record high inflation over 200% at the end of 2023, leading to steep price increases and falling real wages
- Milei enacted sweeping spending cuts, currency devaluation, privatizations shortly after taking office
- Omnibus bill going to Congress would give Milei broad powers for a year during an "emergency" period
- Milei still enjoys majority support in polls, with 55% saying his reforms are necessary to improve the economy