Argentina Re-elects Woman President!

Discussion in 'Latest Hip News Stories' started by skip, Oct 24, 2011.

  1. skip

    skip Founder Administrator

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    Argentina just re-elected Cristina Fernandez as their president for a second term. She won by a huge landslide in one of the biggest margins in Argentina's history.

    What is interesting about her, is that she continued with her husband's (the previous President) policies. Instead of imposing harsh austerity measures on the Argentine people, she nationalized private pensions and used central bank reserves to increase government spending.

    In addition she caused the wealthy bondholders to suffer loses instead of the Argentine people. As a result they've cut the disparity between rich and poor in half! Argentina's GDP has grown 98% since 2002.

    Can you remember all those Argentinians protesting in the streets banging their pots? That's when they were facing hyperinflation thanks to the the IMF and World Bank imposing those harsh austerity measures on the country, which didn't work.

    So there is a lesson here for the USA. Stop protecting the 1% and start listening to the 99% who need the government to make their needs the priority!

    http://hosted.ap.org/dynamic/storie...ME&TEMPLATE=DEFAULT&CTIME=2011-10-23-17-30-24
     
  2. meridianwest

    meridianwest Senior Member

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    not to mention gay marriage was legalized in Argentina the previous summer. that country is way ahead of US in a lot of things.
     
  3. walsh

    walsh Senior Member

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    Seems odd to me that a woman president is still such an oddity that headlines must make note of the fact. The rest of the article suggests that it is not even significant.
     
  4. skip

    skip Founder Administrator

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    She is the first latin American woman to ever get re-elected to President. All the rest were one-term (and I don't think there were many).
     
  5. Sanibel

    Sanibel Guest

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    Oh, from what I've read Argentina is hurting. Inflation is running around 20%, even thought officials try to hide that. It is not a country I would want to emulate, especially now with a slowing world economy, with resulting lower commodity prices.

    "Argentina: Cruising For A Bruising"

    http://blogs.the-american-interest.com/wrm/2011/10/25/argentina-cruising-for-a-bruising/

    From the article:

     
  6. Dude111

    Dude111 An Awesome Dude

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    Excellent!

    She must be doing AN EXCELLENT JOB!!
     
  7. aleCcowaN

    aleCcowaN Member

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    It's another case of "it's the economy, stupid": if economy is getting a B+ why people should change a regular president by another one that promises an A?

    By the way, she is the second woman president in this country [acknowledgedly the widows of man presidents, but in the actual case a politician with her own career and merits]

    I think you have to give it a thought before imitating the Argentine ways, but still there are a lot of points you can reflect on:

    Argentina: 50% of population relies on a 'disastrous' public health system and other 40% on private or cooperative systems as much as 'disastrous' and a typical physician makes only some 20-30,000$ a year while nurses almost starve.

    USA: you know the drill

    Comparison:

    Life expectancy at birth (2009, CIA World Factbook):
    males: USA, 75.65 years; Argentina, 73.32 ***
    females: USA, 80.69; Argentina, 79.97
    overall: USA, 78.11; Argentina, 76.56

    *** here, there's still plenty of males that think that "he is ill who can't stand up and walk" and never consult a physician until it's too late, so mortality by cancer and heart attack is still high among males between 40 and 65.
     

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