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All the US government has to do to balance the budget is to have a freeze on spending increases for about 4 years. With inflation fuelled income tax receipts, the budget will balance at that time.
Argentines witnessed something amazing last week: the government’s first budget surplus in nearly a dozen years.
The Economy Ministry announced the figures Friday, and the government was $589 million in the black.
Argentina’s surplus comes on the heels of ambitious cuts in federal spending pushed by newly-elected President Javier Milei that included slashing bureaucracy, eliminating government publicity campaigns, reducing transportation subsidies, pausing all monetary transfers to local governments, and devaluing the peso.
We could do it too. The ballooning interest expenses on the existing national debt will still be a problem that will require creative refinancing.
BUENOS AIRES, Argentina (AP) — Argentina formally requested on Thursday to join NATO as a global partner, a status that would clear the way for greater political and security cooperation at a time when the right-wing government of President Javier Milei aims to boost ties with Western powers and attract investment.
The request came as NATO’s Deputy General Secretary Mircea Geoana held talks in Brussels on regional security challenges with visiting Argentine Defense Minister Luis Petri.
...
https://apnews.com/article/president-milei-argentina-nato-f16s-military-bf56ef4b18646438500c921250c66e93
Argentines riot over cutting taxes:
Javier Milei approved a plan of sending to Ukraine five "Super Etendard" combat aircraft that are out of use due to the embargo that Uk applies against Argentina, - infobae
How do we know it's not BS, considering the utterly shitty source?
Javier Milei approved a plan of sending to Ukraine five "Super Etendard" combat aircraft that are out of use due to the embargo that Uk applies against Argentina, - infobae
We are today, with an organization [UN] that is powerless to provide solutions to real global conflicts, such as the aberrant Russian invasion of Ukraine, which has already cost the lives of more than 300,000 people, leaving a trail of more than one million wounded in the process.
An organization that, instead of confronting these conflicts, invests time and effort in imposing on poor countries what, how and what they should produce, with whom they should associate, what they should eat and what they should believe in, as the present Pact for the Future intends to dictate.
This long list of errors and contradictions has not been gratuitous, but has resulted in the loss of credibility of the United Nations in the eyes of the citizens of the free world and in the denaturalization of its functions.
and inflation has jumped
Yeah, he's been President of Argentina since December 2023 and inflation has jumped
Inflation Rate in Argentina averaged 190.51 percent from 1944 until 2024,
Has been a very fucked country for a very long time
Just use silver by weight as currency. Then you won't have inflation.
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Argentina's "Far-Right" (Libertarian) Javier Milei wins Primary.
This guy is great, he's like a combo of Ron Paul but with Trump's fiestyness. And he's got Austin Powers Mod haircut.