Argentinian President Javier Milei’s figurative chainsawing of the government bureaucracy appears to be paying off – and he is only about two months into his presidency. The country reported its first monthly budget surplus in almost 12 years, signaling a seismic shift in policy under Milei’s administration.
This achievement marks a tremendous accomplishment under its new libertarian leader, who ran on a platform of shrinking the government as much as possible.
The government of Argentina has posted its first monthly budget surplus in more than a decade — a major milestone for the new libertarian president, Javier Milei. His economic and budgetary reforms still face an uphill battle in his legislature, however.
With inflation and poverty ravaging much of the country, Mr. Milei’s stated goal of “shock therapy” for the nation has been met with adulation from ideologues…