Javier Milei: New president tells Argentina 'shock treatment' looms
BBC NewsAUG 2023
'Shock Treatment': Argentina Devalues Peso by 50%
Image copyright: Tomas Cuesta/Getty Images News [via Getty Images]
The Spin
Right narrative
Javier Milei is staying true to his campaign promises and doing what’s best for Argentina, even if it stings in the short term. He understands that triple-digit inflation and a 40% poverty rate cannot come down overnight and that the only viable solution is to drastically reduce the size of government. While many politicians around the world print more money to temporarily stave off growing doom, Milei is taking a principled stand that will benefit future generations of Argentinians.
Left narrative
The man who can't understand the data on COVID deaths shouldn't be in charge of national economic policy. Milei is taking a radical and dangerous approach that could further damage Argentina’s fragile economy and democracy. The far-right leader calls himself a libertarian but is acting far more like a fascist with his austerity measures as he exploits the anxiety of Argentinians to portray a doomsday scenario that can only be fixed by him.