Still all was not good. A lot of families were taking on boarders to make ends meet, and corruption was pretty rampant. The general sense I got was that, if the politicians only got their shit together, the country would be better off.
Edit: let me add, Argentina is great, there are great people creating companies or doing amazing stuff; but the general climate for doing anything good is becoming terrible. If you want to do anything as an Argentinian, you have to fight against lots of obstacles, or you have to emigrate. It is really sad. Argentinian entrepreneurs are survivors of some of the craziest stuff you can imagine.
Finally, inflation is rampant (around 25% annually) but the government denies it and so it can collect more taxes since salaries are going up every year and more people fall into high-income tax brakets.
In a nutshell, the economy is not that bad, but the government keeps screwing up and everyone can see we're going down.
There are country-wide protests right now, here you can see them: http://tn.com.ar/envivo/24hs
There is a lot of corruption.
The president said, on TV, that the people must be afraid of her.
There are a lot of products that are not available anymore, for example, pacemakers (a relative of mine needs a new one and, at the moment, there are none available).
A picture of the protests of today: http://sphotos-e.ak.fbcdn.net/hphotos-ak-ash4/c99.0.403.403/...