Milei Saves Argentina From Three Economic Evils

We have three major economic problems: excessive regulation, government debt, and inflation. All are caused by government bloat. All have been addressed by the esteemed countermoonbat Javier Milei only 1 year after coming into office by applying the limited government principles upon which the USA was founded.

Regarding regulation:

Deregulation is already bearing fruit, and this is crucial for maintaining the loyalty of Milei’s supporters. The efforts of the new Ministry of Deregulation and State Transformation, led by Federico Sturzenegger, have been particularly noteworthy, including the abolition of the country’s rent control laws. This led to a substantial and rapid increase in the supply of housing. … The monthly rent for an average flat in the city of Buenos Aires fell by 30 percent in real terms between November 2023 and July 2024 as a result of the abolition of the rent control laws.

Regarding debt:

Milei announced this week that after 123 years of deficit, his major governmental cuts have resulted in a surplus.

Regarding inflation:

Milei’s economic plans are proving enormously successful, as the country’s inflation plunged to 2.7% in October…

Prior to Milei, the only time Argentina didn’t have double digit inflation going back to 1945 was during the 1990s, when the peso was pegged to the dollar.

The Economist noted in June that Milei had “slashed spending” while the “central bank stopped printing money to finance the deficit,” adding that “by most economic measures Mr Milei is beating expectations. … Argentina has had fiscal surpluses for five months in a row.”

Urges Milei:

“Do not surrender to the advance of the state. The state is not the solution. The state is the problem itself. … long live freedom!”

The USA’s regulatory state is out of control. The federal debt has skyrocketed past $36 trillion. Inflation has eaten into our standard of living since Biden took power. But if Milei can fix Argentina after generations of moonbat rule, we can still dig our way out.

On a tip from Gringoman.

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