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Argentina: Javier Milei Warns of Economic Shock in Inaugural Address

  • #Economic conditions & trends
  • #Politics
  • #Argentina
Argentina: Javier Milei Warns of Economic Shock in Inaugural Address
story
DEC 2023
Image copyright: Tomas Cuesta/Getty Images News via Getty Images
story last updated DEC 2023

The Spin

Right narrative

Argentina made the correct choice in picking Javier Milei as the leader to lift the country out of its economic disaster; however, the road to economic prosperity is long and arduous. There is no quick fix to Argentina’s triple-digit inflation and rising poverty, and harsh measures are needed to undo decades of damage done by socialist leaders. While sound, free-market economic measures are needed to save Argentina, the situation is so dire that it will take time for these policies to yield positive results. Socialism plagued Argentina, and the country must accept the medicine it needs to get better, even if it results in short-term pain.

PJ Media

Left narrative

Javier Milei is another Trump-style authoritarian who is working to destroy his country’s democracy. Milei capitalized on Argentina’s severe economic troubles to push a platform of hate and extremism. The self-described libertarian is actually a fascist who wants to use his power to undo the progress Argentina has made on human rights and democratic issues. Milei’s extreme economic policies may not even be implemented and could exacerbate economic hardship if they are. Milei has already promised austerity measures — his autocratic impulses are deeply concerning.

Foreign Policy

Metaculus Prediction


Articles on this story

The inauguration of Javier Milei has Argentina wondering what president it will get
NPR Online NewsAUG 2023
The inauguration of Javier Milei has Argentina wondering what kind of president it will get
Associated PressAUG 2023