Farage, Trump, Musk: your boy Javier Milei just took one hell of a beating. Why so quiet? | Aditya Chakrabortty
Guardian2 days
Argentina Senate Overturns Milei's Healthcare, Education Vetoes
Above: Argentina's President Javier Milei delivers a speech in Asuncion, Paraguay on Sept. 16, 2025. Image copyright: Daniel Duarte/AFP/Getty Images
The Spin
Right narrative
Setbacks and turbulence aside, Milei's fundamental achievement endures. He shattered Argentina's inflationary spiral, delivered unprecedented fiscal discipline, and unleashed economic expansion where catastrophe was predicted. Deregulation proved critics spectacularly wrong — housing supply exploded, growth hit historic highs. The peso crisis is one of tactical missteps, not failed philosophy. Argentina is a showcase of the success of libertarian reforms.
Left narrative
Milei's vaunted libertarian "miracle" has collapsed into disaster. His chainsaw economics brutalized Argentina's vulnerable, while corruption engulfed his inner circle. Inflation victories proved hollow as the peso cratered, forcing humiliating bailouts from institutions he once scorned. The anti-elite crusader now clings desperately to foreign powers and wealthy elites, his radical experiment exposing the catastrophic folly of unchecked market fundamentalism.