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peppertree

(23,030 posts)
7. Another idea Needy Amin seems to have gotten from his pal Macri in Argentina (they still talk)
Wed Nov 19, 2025, 01:36 PM
Wednesday

Even before Macri took office in December 2015, it was clear that his shock devaluation would cause a jump in unemployment - so what's a Panama Papers kleptocrat to do?

He simply declared a "statistical emergency" - and quashed the IV 2015 and the I 2016 jobless numbers (though jobs data are published monthly in Argentina, unemployment data are published quarterly).

Once his honeymoon wore off, mid-year, Congress finally demanded that employment and GDP data be published - and sure enough, they showed that unemployment jumped from 5.9% in III 2015, to 9.3% in II 2016.

And the two missing quarters? His statistics director (a Trump-style misogynist cabrón, who later died of a massive heart attack) had them destroyed (a felony) - but officials from the previous administration stated that the IV 2015 data would've read 5.4%.

These days, of course, most Argentines earn so little that the point is almost moot (the minimum wage has lost 60% of its real value since then - and many of the "employed" have but odd jobs and delivery gigs for a few hours a week, earning "African" wages as they're called down there).

That's Trump's economic model.

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