One year ago, libertarian Javier Milei was elected president of Argentina.
How has it worked out?
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Amazingly well!
In his first year, Milei has already cut government spending by 30%, eliminated entire ministries, fired thousands of government workers, slashed subsidies, and deregulated the economy.
Today, inflation is down, the federal budget is in surplus, and the country’s housing shortage crisis is over.
“When Milei came into power,” says Ian Vasquez of the Cato Institute, “There was 40% poverty rate. There was an annual inflation of over 200%. Now inflation is down. The economy started to recover… Milei is showing that his libertarian policies are working.”
Years of big government had left Argentina in crisis.
Pundits and the media claimed Milei couldn’t fix any of that.
They were wrong.
Milei’s success shows that freedom works!
Maybe our politicians will learn from him.