Nick Begich Lauded “What Javier Milei Has Done In Argentina” To “Radically Cut Government” — A Move That Left More Than Half Of Argentinians Living In Poverty

Begich Said “There’s Hope” Because Of “What Javier Milei Has Done In Argentina” To “Radically Cut Government.” BEGICH: “There’s hope because if you look at what Javier Milei has done in Argentina, here’s a nation that had runaway inflation for quite some time. It’s been, I believe, decades since they’ve been able to stabilize prices. He came in radically cut government, radically cut government. People said it couldn’t be done, oh this will destroy the nation, et cetera. What happens just a few months later? Prices stabilize.” [YouTube, Michael Dukes Show, 1:50:23-1:50:48, 7/8/24] (VIDEO)

July 2024: 57% Of Argentinians Lived In Poverty And Annual Inflation Surpassed 270%. “Poverty now afflicts a staggering 57% of Argentina’s 47 million people, and annual inflation surpasses 270% — a level unseen in a generation.” [Associated Press, 7/24/24]

Milei’s Cuts Led To Skyrocketing Prices Coupled With Huge Job Losses And Pension Reductions

Milei Slashed Subsidies For Electricity And Transportation, Causing Prices To Skyrocket. “He slashed subsidies for electricity, fuel and transportation, causing prices to skyrocket in a country that already had one of the world’s highest inflation rates.” [Associated Press, 7/24/24]

Milei Laid Off Over 70,000 Public Sector Workers And Cut Pensions By 30%. “He laid off over 70,000 public sector workers, cut pensions by 30% and froze infrastructure projects, pushing the country deeper into recession.” [Associated Press, 7/24/24]