Argentina President Javier Milei’s Popularity Soars While Spending Plunges
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Argentina President Javier Milei’s Popularity Soars While Spending Plunges
This has to rank among the greatest first-year accomplishments of any president anywhere in the world: in 2024, under Javier Milei, Argentina’s national government spending declined as a percent of GDP from 22.3% to 15.6% in one year. That’s a 30% drop. Why, oh why can’t we do that? For context, in fiscal year 2024 the United States federal government spent 23.4% of GDP – a little bit more than pre-Milei Argentina – and Republicans in Congress a…
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