(Chuck Muth) – I have to admit, I wasn’t paying attention to the election in Argentina over the weekend.
It wasn’t until conservative social media blew-up following the results yesterday that it hit my radar screen.
Turns out it was a pretty big f-ing deal, as Stephen Moore of the Committee to Unleash Prosperity reported this morning…
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Don’t cry for Argentina. Whoop it up. Strike up the band.
In the biggest election sonic boom in a major country since Trump sent Hillary to the canvas, Javier Milei, a free-market and openly libertarian economist who entered politics three years ago, bested Sergio Massa, the economy minister in the Peronist government who has presided over the hyperinflation that sent the poverty rate in Argentina to more than 40%.
As we mentioned in previous Hotlines, the Argentine Peso almost literally wasn’t worth the paper it was written on. The WSJ labeled the economic climate in Argentina today as “the worst crisis in a generation.”
This is a BIG, BIG, deal. Finally, the Argentines have solidly rejected the Peronistas who first took power in 1946 and brought socialism, despair, and poverty to Buenos Aires.
CTUP fellow John Fund reminds us that “a century ago Argentina was one of the six wealthiest countries in the world. Now it ranks 66th, below Mexico and just above Russia.”
Meanwhile, Milei has promised to massively cut the bloated budget in Buenos Aires and has brought chainsaws to his rallies.
One report has found that only 6.2 million Argentines work in the formal private sector and pay taxes to support the almost 20 million people who are public workers, pensioners, or recipients of public subsidies.
The country has 46 million people and the only ones who have gotten rich are connected with the corruption of the government and a litany of self-serving politicians – many of whom have ended up in jail, including former president Christina Kirchner who was convicted on charges of stealing $1 billion. She makes Joe and Hunter Biden look like petty thieves.
If any of the mess that Argentina finds itself in sounds familiar, it should. The Argentines had the courage to support a radical course correction as they opted for far less government and far more freedom.
Could it happen here in the USA in 2024?
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Let’s hope so!
7 Worst Habits of Highly Unelectable People
- Picking the wrong race
- Picking the wrong district
- Picking the wrong issues
- Picking the wrong time
- Picking the wrong consultants
- Picking unnecessary fights with the media
- Picking door-knocking over fundraising
FAMOUS LAST WORDS
“The Left tells us DEI stands for ‘Diversity, Equity, and Inclusion.’ But as practiced, it more closely represents ‘Discrimination, Exclusion, and Indoctrination.’ That has no place in our universities.” – Florida Gov. Ron DeSantis
Mr. Muth is president of Citizen Outreach, publisher of Nevada News & Views, and founder of CampaignDoctor.com. You can sign up for his conservative, Nevada-focused e-newsletter at MuthsTruths.com. His views are his own.