Quote:Libertarian economist Javier Milei rocked a lot of boats on his way to the Argentinian presidency—and has continued to do so since he took the oath of office in December 2023. Although many American sites call him things like “far-right populist" and "alt-right,” he would perhaps be more aptly described perhaps as "anti-socialist" and ran on a platform that vowed to fight a 200 percent inflation rate, rising poverty, and a divided population in the once prosperous nation. He vowed to take a “chainsaw to public spending” and initiate austerity measures to fight the rot that had taken over Buenos Aires.

It shouldn’t come as much of a surprise, therefore, that he delivered a fiery speech at the United Nations Tuesday and blasted their socialist agenda.

In his debut address to the UN general assembly in New York on Tuesday, Milei focused on the 42-page “Pact for the Future” adopted by the UN on Sunday, which includes points promoting climate action, gender equality and regulation of artificial intelligence.

“Argentina will not back any policy that implies the restriction of individual freedoms or trade, nor the violation of the natural rights of individuals,” Milei said. “We invite all nations of the free world to join us, not only in opposing this pact, but in the creation of a new agenda for this noble institution: the freedom agenda.”

He added that the UN’s previous 2030 sustainable development agenda was “a supranational programme of a socialist nature” and accused the UN of becoming “multi-tentacled Leviathan that seeks to decide what each nation state should do and how the citizens of the world should live”.

Whoa. Tell us what you really think, Javier. He also railed against the draconian, fascist COVID responses that many governments, including our own, imposed on their citizens:

He went on to blast the woke agenda of the progressives and the World Economic Forum. This is worth watching (subtitled):

X owner Elon Musk, who has become more outspoken about his political views in recent months (hint: he doesn’t seem to be impressed by progressive Democrats), was excited to meet the controversial leader and indicated in a post that he supports the direction Argentina is heading in. Note Elon's dark MAGA hat:

Watch the video in the tweet above if you’re a fan of either man. Sound up. Epic.

It remains to be seen whether Milei can fully pull Argentina out of its tailspin. He faces powerful leftist forces in his country but has shown that he doesn’t easily back down. In his U.N. speech, he was not shy about how he saw things as they currently stand:

I’m here to warn you that we are at the end of a cycle.

The collectivism and moral posturing of the woke agenda have collided with reality.

Well said.

Link

Dude is making a positive change in Argentina, and local socialists hate him for it.

I hope he's bulletproof

Argentina's Poverty Rate rises up to 53% in the last 6 months

Quote:Argentina’s poverty rate jumped from almost 42% to 53% during the first six months of Javier Milei’ s presidency, the statistics agency reported Thursday, a steep rise reflecting the pain of the country’s most intense austerity program in recent memory.

The government’s finding that Argentina’s half-year poverty rate in 2024 had surged to its highest level since 2003, when the country was reeling from a catastrophic foreign debt default and currency devaluation, marks a setback for the far-right economist. So far, foreign investors and the International Monetary Fund — to which Argentina owes $43 billion — have cheered his controversial fiscal shock therapy that has succeeded in pulling down the country’s monthly inflation from 25.5% last December to 4.2% in recent months.

Argentina’s inflation, now running at more than 230% annually, is among the worst in the world.

Bracing for negative news hours before the poverty report’s release, Milei’s spokesperson sought to deflect the blow in a lengthy press conference.

“The government inherited a disastrous situation,” Manuel Adorni told reporters, lambasting the decades of unbridled spending under Milei’s left-leaning Peronist predecessors that generated chronic inflation. “They left us on the brink of being a country with essentially all of its inhabitants poor.”

Unlike previous populist governments that kept consumer spending high at the cost of a massive budget deficit, Milei dismantled price controls, cut subsidies on energy and transport and devalued the peso by 54% in December after taking office.

The austerity measures and deregulation have marked a brutal contraction in spending power and dragged the economy deep into recession.

A political outsider who made fighting Argentina’s dizzying inflation his flagship campaign promise, Milei is betting that if his government can keep prices falling, growth will return and fuel a miraculous recovery.

Milei’s austerity measures have helped drive down the yearly inflation rate from a peak of almost 300% in April. His government’s budget proposal expects annual inflation to drop to 122.9% by the end of the year.

But the months ahead will be tricky, economists say. After its initial decline, monthly inflation has been stuck around 4% since July. Milei’s 2025 budget proposal aims for a fiscal surplus of over 1.3% of the country’s annual economic output. That would require further spending cuts as calls to restart frozen public works and boost pensions and wages grow louder.

...

Socialists should be rounded up and shot

(09-27-2024 09:32 AM)Kruciff Wrote:  Argentina's Poverty Rate rises up to 53% in the last 6 months

Quote:Argentina’s poverty rate jumped from almost 42% to 53% during the first six months of Javier Milei’ s presidency, the statistics agency reported Thursday, a steep rise reflecting the pain of the country’s most intense austerity program in recent memory.

The government’s finding that Argentina’s half-year poverty rate in 2024 had surged to its highest level since 2003, when the country was reeling from a catastrophic foreign debt default and currency devaluation, marks a setback for the far-right economist. So far, foreign investors and the International Monetary Fund — to which Argentina owes $43 billion — have cheered his controversial fiscal shock therapy that has succeeded in pulling down the country’s monthly inflation from 25.5% last December to 4.2% in recent months.

Argentina’s inflation, now running at more than 230% annually, is among the worst in the world.

Bracing for negative news hours before the poverty report’s release, Milei’s spokesperson sought to deflect the blow in a lengthy press conference.

“The government inherited a disastrous situation,” Manuel Adorni told reporters, lambasting the decades of unbridled spending under Milei’s left-leaning Peronist predecessors that generated chronic inflation. “They left us on the brink of being a country with essentially all of its inhabitants poor.”

Unlike previous populist governments that kept consumer spending high at the cost of a massive budget deficit, Milei dismantled price controls, cut subsidies on energy and transport and devalued the peso by 54% in December after taking office.

The austerity measures and deregulation have marked a brutal contraction in spending power and dragged the economy deep into recession.

A political outsider who made fighting Argentina’s dizzying inflation his flagship campaign promise, Milei is betting that if his government can keep prices falling, growth will return and fuel a miraculous recovery.

Milei’s austerity measures have helped drive down the yearly inflation rate from a peak of almost 300% in April. His government’s budget proposal expects annual inflation to drop to 122.9% by the end of the year.

But the months ahead will be tricky, economists say. After its initial decline, monthly inflation has been stuck around 4% since July. Milei’s 2025 budget proposal aims for a fiscal surplus of over 1.3% of the country’s annual economic output. That would require further spending cuts as calls to restart frozen public works and boost pensions and wages grow louder.

...

That's what happens when you cut all the govt bloat. That's a good thing, imo.

(09-27-2024 09:39 AM)VA49er Wrote:  

(09-27-2024 09:32 AM)Kruciff Wrote:  Argentina's Poverty Rate rises up to 53% in the last 6 months

Quote:Argentina’s poverty rate jumped from almost 42% to 53% during the first six months of Javier Milei’ s presidency, the statistics agency reported Thursday, a steep rise reflecting the pain of the country’s most intense austerity program in recent memory.

The government’s finding that Argentina’s half-year poverty rate in 2024 had surged to its highest level since 2003, when the country was reeling from a catastrophic foreign debt default and currency devaluation, marks a setback for the far-right economist. So far, foreign investors and the International Monetary Fund — to which Argentina owes $43 billion — have cheered his controversial fiscal shock therapy that has succeeded in pulling down the country’s monthly inflation from 25.5% last December to 4.2% in recent months.

Argentina’s inflation, now running at more than 230% annually, is among the worst in the world.

Bracing for negative news hours before the poverty report’s release, Milei’s spokesperson sought to deflect the blow in a lengthy press conference.

“The government inherited a disastrous situation,” Manuel Adorni told reporters, lambasting the decades of unbridled spending under Milei’s left-leaning Peronist predecessors that generated chronic inflation. “They left us on the brink of being a country with essentially all of its inhabitants poor.”

Unlike previous populist governments that kept consumer spending high at the cost of a massive budget deficit, Milei dismantled price controls, cut subsidies on energy and transport and devalued the peso by 54% in December after taking office.

The austerity measures and deregulation have marked a brutal contraction in spending power and dragged the economy deep into recession.

A political outsider who made fighting Argentina’s dizzying inflation his flagship campaign promise, Milei is betting that if his government can keep prices falling, growth will return and fuel a miraculous recovery.

Milei’s austerity measures have helped drive down the yearly inflation rate from a peak of almost 300% in April. His government’s budget proposal expects annual inflation to drop to 122.9% by the end of the year.

But the months ahead will be tricky, economists say. After its initial decline, monthly inflation has been stuck around 4% since July. Milei’s 2025 budget proposal aims for a fiscal surplus of over 1.3% of the country’s annual economic output. That would require further spending cuts as calls to restart frozen public works and boost pensions and wages grow louder.

...

That's what happens when you cut all the govt bloat. That's a good thing, imo.

It's only a good thing if it's temporary, but i'm sure we'll see what happens next

(09-27-2024 09:46 AM)Kruciff Wrote:  

(09-27-2024 09:39 AM)VA49er Wrote:  

(09-27-2024 09:32 AM)Kruciff Wrote:  Argentina's Poverty Rate rises up to 53% in the last 6 months

Quote:Argentina’s poverty rate jumped from almost 42% to 53% during the first six months of Javier Milei’ s presidency, the statistics agency reported Thursday, a steep rise reflecting the pain of the country’s most intense austerity program in recent memory.

The government’s finding that Argentina’s half-year poverty rate in 2024 had surged to its highest level since 2003, when the country was reeling from a catastrophic foreign debt default and currency devaluation, marks a setback for the far-right economist. So far, foreign investors and the International Monetary Fund — to which Argentina owes $43 billion — have cheered his controversial fiscal shock therapy that has succeeded in pulling down the country’s monthly inflation from 25.5% last December to 4.2% in recent months.

Argentina’s inflation, now running at more than 230% annually, is among the worst in the world.

Bracing for negative news hours before the poverty report’s release, Milei’s spokesperson sought to deflect the blow in a lengthy press conference.

“The government inherited a disastrous situation,” Manuel Adorni told reporters, lambasting the decades of unbridled spending under Milei’s left-leaning Peronist predecessors that generated chronic inflation. “They left us on the brink of being a country with essentially all of its inhabitants poor.”

Unlike previous populist governments that kept consumer spending high at the cost of a massive budget deficit, Milei dismantled price controls, cut subsidies on energy and transport and devalued the peso by 54% in December after taking office.

The austerity measures and deregulation have marked a brutal contraction in spending power and dragged the economy deep into recession.

A political outsider who made fighting Argentina’s dizzying inflation his flagship campaign promise, Milei is betting that if his government can keep prices falling, growth will return and fuel a miraculous recovery.

Milei’s austerity measures have helped drive down the yearly inflation rate from a peak of almost 300% in April. His government’s budget proposal expects annual inflation to drop to 122.9% by the end of the year.

But the months ahead will be tricky, economists say. After its initial decline, monthly inflation has been stuck around 4% since July. Milei’s 2025 budget proposal aims for a fiscal surplus of over 1.3% of the country’s annual economic output. That would require further spending cuts as calls to restart frozen public works and boost pensions and wages grow louder.

...

That's what happens when you cut all the govt bloat. That's a good thing, imo.

It's only a good thing if it's temporary, but i'm sure we'll see what happens next

Yep, looks like all those govt workers will need to get regular jobs. Should really incentivize small business starts ups, etc..., which will hopefully promote local economies.

It's not hard to see why some government employees want the Demons to win. Their jobs depend on it. Do you think Trump will not fire thousands of IRS workers? In the international front, who is more reliant on the Demons to continue sending money to Ukraine, and who was it that just endorsed QueMala? Even Putin endorsed QueMala because it was the Demons who gave the good ahead with invading Ukraine...remember Ol' Foggy giving implied okay to take some of it's territory?

So many mouths to feed and the Demons are feeding the wrong ones.