Macri’s government is celebrating it’s one year anniversary with rather low approval ratings and a drop in consumption. 2016 hasn’t been a great year for anyone by the looks of it.
500 Argentines were polled by the Public Opinion Group in order to gauge the “social mood” in the country. The results are in and things are looking a little grim for a government that started with high expectations for a large part of the populace.
For the first time since he took office, more Argentines think Macri’s government is worse than CFK’s (43.7 percent) What’s more, 40 percent of pollees said he hadn’t fulfilled any of his promises, and a big majority (70 percent) said they wouldn’t believe him if he promised to “inaugurate a new public infrastructure project.”
These results echo a separate study conducted by Ipsos Public Affairs, which shows that the government’s approval rating has fallen from 78 percent to 51 percent since Macri entered office, with a 42 percent disapproval rating.
Of course, there is at least one Argentine is impressed with the government’s performance. Macri himself, who recently gave himself an “eight” out of ten for his first year in office.
But how would Argentines rate him out of 10? 4.5, according to Ipsos.
But it’s not just Macri who’s suffered a blow. With a 7 percent drop in those who can go on vacation, and only 46 percent of people who would consider “buying various items,” as opposed to something “important and durable”, it looks like Christmas is at risk as well.
Macri came to office on December 10th last year off the back of a successful political campaign that emphasized “change,” unity, fighting drug traffickers and opening Argentina’s economic borders. He began his term by lifting currency restrictions, reducing government subsidies on electricity, gas, water and public transport, and negotiating an end to Argentina’s tortuous decade long battle with holdout creditors.
Macri’s administration has always said it knows this will hurt in the short-term, but hopes things will improve in the future (first it was the second half of 2016, and now it’s 2017.) Still, it’s a bitter pill to swallow. Life is tough for many Argentines at the moment: 1 in 3 is officially categorized as being “poor” and inflation is clocking in at 40 percent for 2016.
In order from most to least concerning for the 500 pollees: Security (38.6 percent), inflation (20.6 percent), lack of jobs (17.4 percent), corruption (3.6 percent) and education (2.3 percent).
Leaving many to wonder: Would worrying a little more about the last two would help solve the first three?