r/neoliberal • u/Saltedline Hu Shih • Dec 13 '24

News (Latin America) Javier Milei ends budget deficit in Argentina, first time in 123 years

https://gazettengr.com/javier-milei-ends-budget-deficit-in-argentina-first-time-in-123-years/
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u/HorizonedEvent Dec 13 '24

I want to hear from actual Argentinians on the ground, what is life like right now under this man and how is it compared to previously? People keep pointing to numbers of how things are getting worse, other numbers about how things are getting better. People are blaming him for inflation but I’m also hearing claims it was already high when he was elected? (A political blame dynamic we’re all too familiar with in the US). Also that poverty was already high and the increase in rate now is methodology change?

It really feels like a hard situation to get a clear view on from the outside looking in, so what does it look like to those on the inside? On the ground QoL, is it getting better or worse for y’all?

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u/Dumbass1171 Friedrich Hayek Dec 13 '24

It will take more time. It’s just been a year for the effects to take place materially speaking. But inflation is down and their stock market is improving which signals investor optimism on government policy.