Argentina's Javier Milei Is Proving the Leftists Wrong With Latest Economic News

Matt Vespa : May 15, 2024
Townhall

[TownHall.com] Argentina's Javier Milei was considered a lunatic and a threat to democracy. The people didn't care. With inflation soaring through the roof at 300 percent and over 40 percent of the population in poverty, the Argentina electorate saw what leftist economic policy had yielded. They elected Milei, a Trump-like candidate who wielded chainsaws at political rallies, to right the ship. And he's succeeding in that endeavor. Inflation has dropped to 11 percent, and the country posted its first modest surplus since 2008 (via The Telegraph): ... Last week, Milei announced that the country had recorded its first quarterly budget surplus since 2008, a modest 0.2pc of GDP, but still an astonishing achievement in such a short space of time, especially for a country that has run deficits for 113 of the last 123 years... Subscribe for free to Breaking Christian News here Click Here to read. (Screengrab image: via SkyNews-AU)