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Javier Milei’s first year: $3 billion surplus and tenfold lower inflation in 2024
(www.financial-world.org)
this post was submitted on 18 Dec 2024
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https://apnews.com/article/argentina-poverty-levels-uca-study-milei-devaluation-d5cb0a20b1e768efdeafbad5bf05eded
If it's dropped down to 53%? Great. Children are still fucking dying.
And no, he's not great, he's a libertarian who doesn't give a shit about people suffering. Because he's a libertarian.
Yeah...and they'd keep dying even if you did what they were still doing only it'd be worse for so much longer.
I usually like your takes but you're just saying "children dying=bad."
Everyone knows that. But you also have to accept that there will be short term pain for a longer term gain. If you disagree then I'd like to hear solutions that you have to fix it without this. I mean- with these fixes an IMF loan is back on the table that could help alleviate some poverty potentially, etc. Economists are not the end all be all but again, the data is trending in the right direction despite the pain it takes to get back to good. There is no magic fix for decades of neglect here.
And who said he is good? I don't personally like the guy for a bunch of his takes. But if this particular bit of policy is righting the ship then it should be lauded despite his personality or other flaws. And even then that is quite a...not sure how to phrase this politely, "lame" take that every libertarian ever doesn't care about people's suffering. I've read personal writings of his and it seems he believes that people are better off when they can provide for themselves without the state doing it for them. Now, I personally think that is bollocks but given where Argentina is with their massive government and massive debt he has far more room to have that attitude and push his ideas before they go too far. But again- if it's just his personal beliefs it doesn't mean that "does not give a shit about people suffering"- it's that he believes they won't once the state gets out of their way.
Seriously man- there is room for nuance here.
There certainly is room for nuance, but all I am hearing is that Milei's libertarian policies that cause far, far more suffering were the only option. And that's utter bullshit. It just pays lip service to libertarians who could not give less of a shit about human suffering. Why are you all defending this asshole populist just because he found the cruelest possible way to get inflation down? Hitler revitalized the German economy too.