Scott analyzes Javier Milei's presidency in Argentina, noting mixed results in economic indicators and policies, with some successes in budget cuts and inflation reduction, but increased poverty rates.
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This post analyzes the performance of Javier Milei, Argentina's libertarian president, focusing on key economic indicators and policies. Scott examines government surplus, inflation, poverty rates, rent control abolition, and Milei's approval ratings. He notes that Milei has achieved a government surplus through significant spending cuts and has reduced monthly inflation, though yearly inflation figures remain high. Poverty has increased under Milei's administration, but there are slight signs of economic improvement. The abolition of rent control has led to increased housing supply and lower prices. Milei's approval ratings, while declining, remain relatively high compared to other world leaders. Scott concludes that while Milei has fulfilled his promise of short-term economic shock, it's too early to judge the long-term success of his policies.
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