After more than a century of out-of-control spending, one man has brought Argentina's budget under control.
Javier Milei announced this week that after 123 years of deficit, his major governmental cuts have resulted in a surplus.
The deficit was the root of all our evils -- without it, there's no debt, no emission, no inflation. Today, we have a sustained fiscal surplus, free of default, for the first time in 123 years. This historic achievement came from the greatest adjustment in history and reducing monetary emission to zero. A year ago, a degenerate printed 13% of GDP to win an election, fueling inflation. Today, monetary emission is a thing of the past.
Don't get me wrong, I'm happy for Argentina.
But I've gotta admit, I'm quite jealous of them as well.
If we use Milei's method to cut government programs and agencies ...
CUT! CUT! CUT!
As jealous as I am, there's also an air of optimism in America now.
Hope and pray that this comes to America.
God Bless Milei and Argentina!
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