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Argentina reports 1st budget surplus in 14 years

Posted on 1/18/25 at 7:44 am
Posted by Roaad
White Privilege Broker
Member since Aug 2006
81777 posts
Posted on 1/18/25 at 7:44 am
With Libertarians, expect libertarianism.

Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
92948 posts
Posted on 1/18/25 at 7:45 am to
Posted by stout
Porte du Lafitte
Member since Sep 2006
179143 posts
Posted on 1/18/25 at 7:45 am to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
294622 posts
Posted on 1/18/25 at 7:47 am to
Crazy, think of all the people who will now die due to this austerity.

Posted by idlewatcher
Planet Arium
Member since Jan 2012
92211 posts
Posted on 1/18/25 at 7:48 am to
Hope he is very proud of his accomplishments. We have a MAGA contingent all around the world and only growing.

Well done Mr President.
Posted by Pandy Fackler
Member since Jun 2018
21114 posts
Posted on 1/18/25 at 7:52 am to
quote:

Argentina reports 1st budget surplus in 14 years


There's nothing about this to be celebrated. Governments are not for profit institutions. If there's a budget surplus, it means Argentinian tax payers were over taxed and they should all be given a refund.

Posted by CubsFanBudMan
Member since Jul 2008
5991 posts
Posted on 1/18/25 at 7:58 am to
quote:

There's nothing about this to be celebrated. Governments are not for profit institutions. If there's a budget surplus, it means Argentinian tax payers were over taxed and they should all be given a refund.


You would be correct if they raised taxes to generate the surplus. Instead, they cut spending, which is what most on the board want the US to do. Do they have a national debt that they need to pay down? If so, this surplus allows them to do so. A streak of surplus years will allow them to discuss tax cuts.
Posted by stuntman
Florida
Member since Jan 2013
10486 posts
Posted on 1/18/25 at 7:58 am to
quote:

There's nothing about this to be celebrated. Governments are not for profit institutions. If there's a budget surplus, it means Argentinian tax payers were over taxed and they should all be given a refund.


It's the GOAT, Javier Milei. You think he wants the government to be bigger?

There's still a lot of work to be done. Keep in mind, he's had this incredible success already and barely any people from his party are in congress. They are forecast, though, to make massive gains in the '25 election cycle.

When that happens, look out. Argentina might become a real life Galt's Gulch in a few years. Hyperbole, of course, kind of..... but you get the picture. This guy is doing wonders down there, so let him cook.

Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
465111 posts
Posted on 1/18/25 at 7:59 am to
quote:

Hope he is very proud of his accomplishments. We have a MAGA contingent all around the world and only growing.


Milei is nothing like MAGA, bro

Just stop this LARP.
Posted by Azkiger
Member since Nov 2016
26894 posts
Posted on 1/18/25 at 7:59 am to
Pay down debt?
Posted by DMAN1968
Member since Apr 2019
12562 posts
Posted on 1/18/25 at 8:00 am to
quote:

There's nothing about this to be celebrated.

Give the man some credit. He took office 13 months ago with a 200% inflation rate.

There is something to be said for turning that shite-show into less of one.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
294622 posts
Posted on 1/18/25 at 8:00 am to
quote:

There's nothing about this to be celebrated. Governments are not for profit institutions. If there's a budget surplus, it means Argentinian tax payers were over taxed and they should all be given a refund.


This is the dumbest post I've seen on this board in a lot time, and thats a fricking high bar.
Posted by stuntman
Florida
Member since Jan 2013
10486 posts
Posted on 1/18/25 at 8:00 am to
quote:

Milei is nothing like MAGA, bro


Hold on now, SFP. Let's give him the benefit of the doubt. He may have meant Make Argentina Great Again.

I'm an optimist at heart.
Posted by Azkiger
Member since Nov 2016
26894 posts
Posted on 1/18/25 at 8:01 am to
quote:

Milei is nothing like MAGA, bro

Just stop this LARP.


Why do I always see your posts as if they were written with bad penmanship and with crayons?
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
294622 posts
Posted on 1/18/25 at 8:01 am to
quote:


Hope he is very proud of his accomplishments. We have a MAGA contingent all around the world and only growing.



MAGA economics are the opposite of what Milei is doing.


Posted by Pandy Fackler
Member since Jun 2018
21114 posts
Posted on 1/18/25 at 8:10 am to
quote:

Give the man some credit. He took office 13 months ago with a 200% inflation rate.

There is something to be said for turning that shite-show into less of one.


I give that coiffure some credit.
Posted by Azkiger
Member since Nov 2016
26894 posts
Posted on 1/18/25 at 8:11 am to
Stop. They're not the same person, sure, but they do share a lot of similarities and both of their rise to power has been mostly due to public push back against big government and woke bullshite.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
294622 posts
Posted on 1/18/25 at 8:13 am to
quote:

but they do share a lot of similarities


Not economically.

Milei is all about austerity, which is antithetical to economic populism.

quote:

Economic populism involves pursuing social and economic policies that transfer resources from the wealthy to middle and lower income groups
.
Posted by idlewatcher
Planet Arium
Member since Jan 2012
92211 posts
Posted on 1/18/25 at 8:17 am to
quote:

Milei is nothing like MAGA, bro


Sure he is. He’s taken an out of control spending and mismanaged govt, shrank it and created a surplus.

All things MAGA purportedly also wants.
Posted by Azkiger
Member since Nov 2016
26894 posts
Posted on 1/18/25 at 8:18 am to
quote:

Milei is all about austerity


What's the aim of DOGE?
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