Javier Milei: President of Argentina – Freedom, Economics, and Corruption [video]
youtube.com
youtube.com
If you think like a short term, fiscal minded managerial sociopath, then yes. An easy excel exercise will show you "number goes down means world more gooder". But if you consider not just the cost but the quality and service provided as the actual value and measurable bottom line, you might not call it "working". Or second order reasoning, by considering governmental spending as economic stimulus ... libertarians are such a joke.
I dont know how argentina ended up where it is today and yes inefficient bureaucracy is a worthy problem to go after but approaching it with an ideological mindset of "government is the problem" and trim indiscriminately (haha, ofc hit mostly poor working class) will somehow mysteriously miss the actual cause of institutional corruption and regulatory capture/inefficiency.
If the cause of inflation is partly, like in the west, caused by quasi monopolies/syndicates increasing prices, i would go after them first. There are many ways to do so.
You have obviously not seen the video. Also you have absolutely no idea what is going on there. Poor class in Argentina is bot working class, is unemployed.
> government is the problem
Who said that?! Over bloated state is the problem. If you cannot differentiate between state and government, you should really refrain from throwing opinions in state matters.
> the cause of inflation is partly, like in the west, caused by quasi monopolies/syndicates increasing prices
Tell me you have absolutely no idea of macroeconomics without saying it…
> poor class in argentina
Afaik argentina didnt bet on manufactoring (like eg. china did), but resource and agricultural export, the primary economic sector, and thus had to struggle for an extended period of time with foreign lenders like the IMF (whos primary motive is to establish globalized access to resources in otherwise poor countries) during the economic turmoils since covid/ukrain/global inflation. This is a recipe for desaster for any export oriented country. Eg. germany will get hit similarly but only later due to its manufactoring. Strengthening inner consumption aswell as production is the key solution here.
> who said government is the problem
First, i am aware of the differences bt gov. and state. This phrase has been touted over the decades by many top tier politicians (to serve the private sector by sabotaging the public) like reagan, theatcher and even milei said it indirectly (and making a joke of himself by ignoring market failures and monopolies) [1] That you dont know this phrase does make you look a bit uneducated.
Telling me i have no idea about the causes of inflation but not even giving a hint of where and why is just cheap. Your first comment displayed severe botched reasoning, by framing me as one of those geniuses who have been running the country. You saw my throwaway handle and didnt really engage with counter arguments or looked at my comment history. You dont know me but yet you seem certain, like a typical superficial ideologue.
You must be of the geniuses that run Argentina until now… with great results…
BTW: of course a throwaway account!