Argentinian President Javier Milei. Photo: Getty Images.
A recent poll shows that 57% disapprove of the performance of the far-right politician and his Economy Minister Caputo.
The consulting firm Zuban Cordoba has published a poll revealing growing social discontent in Argentina, driven primarily by the economic situation citizens are experiencing.
Conducted between July 16 and 17 with 1,400 respondents, the survey shows that 57% disapprove of the performance of far-right President Javier Milei and his Economy Minister Luis Caputo.
“It shows that people’s wallets are beginning to set the agenda, and that the drop in inflation is no longer enough if incomes are insufficient,” La Union newspaper commented.
Zuban Cordoba states that 63% of respondents said they are finding it harder to make ends meet, and 54% said their income does not cover their basic needs.
“It’s not enough for inflation to fall—we need better wages,” was a statement supported by 89.3% of respondents.
The text reads, “Let’s not consider Argentina’s inflation reduction an achievement, because it’s being accomplished at the cost of an unpayable debt to the IMF.” Nobel Prize-winning economist Joseph Stiglitz warned that Argentina “is on the verge of another crisis.” During the Macri administration, the country turned to the IMF for a US$44 billion loan to open up the economy, but Argentina’s wealthiest took the money out of the country without any accountability for how it was used,” Stiglitz said. During the Macri presidency, those decisions were also handled by Luis Caputo—currently President Javier Milei’s economy minister—first as finance secretary and then as finance minister. “Milei made the problem worse,” Stiglitz said. “Argentina will not be able to repay the debt accumulated by the administrations in which Caputo was and still is involved. In a few years, we will see another crisis.” Source: “Stiglitz’s Grim Forecast for Argentina’s Future,” Pagina 12, July 28, 2025.
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62% of citizens reported that their personal economic situation has either worsened or remained equally poor over the past six months, while only 35% said they had seen an improvement or stable positive situation.
Regarding the country’s economic direction, 55% of respondents believe Milei does not have a clear economic plan, and 57% do not believe Economy Minister Caputo “has everything under control.”
In addition, more than 50% of citizens fear losing their jobs or income due to government policies, and only 14.7% are able to save any money at the end of the month—indicating that most either spend everything they earn or go into debt.
60% of Argentinians believe Milei is deepening inequality in the country, a trend that could have consequences in the Buenos Aires provincial elections in September and in the national legislative elections in October.
In terms of voting intention, 52.8% of respondents said they plan to “punish” Milei with their vote in the upcoming elections. Additionally, 50.4% said they would “likely support” opposition political options.
(Telesur)
