Milei’s Argentina: Budget Surplus After 14 Years—Success or Suffering?
Milei’s Argentina seals budget surplus for the first time in fourteen years, a feat that has sparked intense debate and contrasting perspectives. The achievement itself is undeniably significant, representing a dramatic shift in the nation’s fiscal trajectory after a prolonged period of deficit spending. This turnaround is largely attributed to drastic government spending cuts, a core tenet of President Milei’s economic policy.
However, this fiscal success has come at a considerable cost. While macro-economic indicators like inflation (although still present, it is slowing) and recession have shown improvement, the micro-economic realities for many Argentinians paint a grimmer picture. The purchasing power of the average citizen has plummeted, impacting the daily lives of families.… Continue reading
Matt Underwood