Overview
- Fundación Pensar, which published its monthly report on Monday, July 27, says the Milei government achieved macro stabilization but that restoring fiscal order and lowering inflation no longer guarantees broad social improvement.
- The study divides society into four social experiences — early winners, hopefuls, the squeezed middle, and direct losers — to show how outcomes differ by age, job formality, income and region.
- Hernán Lacunza and Fernando Moiguer warn growth is concentrated in energy, mining and agro nodes that together generate about 250,000 jobs while manufacturing and construction still employ nearly 4 million, creating stark sectoral and regional imbalances.
- Pensar documents rising household indebtedness and greater reliance on credit cards and personal loans, and it highlights falling real incomes for minimum retirees, many public employees and university staff alongside a sharp drop in public works.
- The public critique from PRO’s think tank increases political pressure on President Javier Milei as his government seeks renewed IMF backing and must show tangible gains to avoid electoral costs in 2027.