Posted on by Californiacontrarian

“Biden-tina?”


 If the policies and mandates of “our President” and his socialist cronies continue, we in the U.S. may end up like Argentina. Keep in mind that the present day upheavals in Argentina did not happen overnight, and our situation in the U.S. is not as drastic as in Argentina … as of yet!

For those of you who are not up on what is happing now in Argentina. 

the following from The Epoch Times:

The headline:

“Argentina’s Government Collapsing, People Refuse to Work Amid Major Subsidy Cuts

Only 43 percent of adults have a job, as inflation soars above 60 percent”

Harry Lorenzo, chief finance officer of Income Based Research, told The Epoch Times the spending habits of Argentina’s government are at the root of the escalating problem.

“The Argentine government has been grappling with a collapsing economy for some time now. The main reason for this is the government’s unsustainable spending, which has been funded in part by generous welfare programs,” Lorenzo explained.

Cuts to subsidies in the energy sector based on household income already began in June. Other subsidies, including the country’s notorious welfare program, are also on the chopping block, triggering thousands of angry residents to take to the streets.

State-sponsored aid for civilians has soared in the past 20 years, leaving 22 million Argentinians dependent on some form of government assistance.

From Alfredo Gomez, a long time resident and taxi driver in Buenos Aires,

“This is madness … Half of our country doesn’t want a job, and the ones that do, don’t want to pay the taxes for the others.”

However, for the 1.2 million members dependent on the social program Empower Work, which is an income subsidy that provides a living wage for an indefinite period of time, working a regular job is out of the question.

“The government expects us to work from 8 a.m. to 5 p.m. for the same amount of money,” an outraged female Buenos Aires resident lamented to reporters during a live news broadcast.

When asked where how she’d been earning income for her household, the woman replied, “the government.”

Another protester, an adult male, also decried the proposed welfare program changes telling local reporters, “Cristina [Kirchner], the Vice President of Argentina, told us we have to go to work instead of receiving social benefits. Going to work, that’s the policy of a right winger.”

Does the giving of money to people who are not working, and the recurrent government over-spending sound familiar? You may think that the title of this piece, “Biden-tina,” is over the top, but this is how the present chaos in Argentina started.

8/3/22

Californiacontrarian

127 Replies to ““Biden-tina?””

Leave a Reply

Your email address will not be published.