It can be done, and Javier Milei is doing it. From Joel Bowman at joelbowman.substack.com:
The cuts just keep coming…
“The United States has already realized and is copying our model. In fact, Elon Musk has had conversations with [Argentina’s Finance Minister] Federico Sturzenegger on how to deregulate the American economy. […] The ‘Afuera!’ and the ‘Chainsaw’ are export products.”
~ Javier Milei, October 2024
And the cuts just keep coming!
While Argentina’s chainsaw wielding president, Javier Milei, takes his greatest exports to the United States of America this week, his administration continues the job down here at the End of the World.
On Friday, Milei’s administration posted a AR$523.4 billion (half a billion US dollars, give or take) financial surplus in October — the ninth consecutive month in which the national government registered a positive fiscal balance.
It’s all part of the whacky libertarian’s “zero tolerance” approach to deficit spending, which, to the ill-concealed shock of squirming Keynesians the world over, appears to be working. (Spare a thought for former Enron consultant Paul Krugman, visions of trillion-dollar coins still dancing in his empty head.)
The surplus news came just a few days after inflation fell to its lowest level since Milei took office, from a high of 25.5% per month in December, to just 2.7% in October.
Comrade Krugman is Enron!?
Those smartest guys in the room are the winningest winnarz evarz.
Why so serious Paul as Joker would say.
Keynesians is the ultimate Peter Principle in action.
Chock full of FAIL and yet it keeps on going.
Let’s don’t get too excited, January 20th is a long way away and Fani junk in the trunk was re(s)elected in the glorious peoples republic of Fulton County.
Sorrows selected the dullest dullards for a reason.
This just in from Funkadelic:
Butt-to-Buttresuscitation