this post was submitted on 25 Dec 2023
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Makes sense, if stuff is subsidized, the government has to pay for it. If the government doesn't have money to pay for it, they'll just print it out of thin air, devaluing the currency (and thus taxing the working class).
There's gonna be a lot of pain for Argentinians in the months and years to come, hopefully it'll all be worth it...
Austerity measures and privatization are basically never worth it.
No, you're right, let's better keep our ruler class' pockets full. That won't bite us in the ass.
Then tax or seize their wealth. The loss of subsidies will specifically hurt the poorer much harder than the wealthy. The wealthy will just push their increased burden from loss of subsidies off onto the poor like they always do.