runningbitcorn on Nostr: Greetings from Argentina you freedom-loving Nostriches I talk a lot about Milei on ...

Greetings from Argentina you freedom-loving Nostriches

I talk a lot about Milei on here, but let's take a moment to itemize the socialist economic fever dream from which the country is emerging: Kirchnerism.

🇦🇷The economic atrocities committed by Kirchnerism in 20 years were only applied (sometimes only in part) by Cuba and Venezuela. No other country in South America did the following:

1. Raise public spending from 20 points of GDP to 46 points.
2. Doubled the number of public employees from 2 million to 4 million.
3. Expropriation of all private pensions.
4. Subsidization electricity, gas, transport and water for 2 decades, sometimes almost the entire bill.
5. Subjection of 50% of its population to social plans.
6. Incorporation of millions of retirees without contributions to the system.
7. Application of astronomic export taxes.
8. Exchange rate cap to restrict access to dollars.
9. Re-establishment of a dozen companies that immediately returned to deficit.
10. Establishing multiple extra layers of approval for imports (bribes).
11. Export ban
12. Price freeze under penalty of fine and closure.

If Argentina did not have fertile land to produce cheap food in abundance, we would have been in a civil war long ago.

What the Milei Administration has managed to accomplish economically in 6 months is nothing short of miraculous, and it's all thanks to shrinking the state apparatus.

Abrazo de libertad.

Shoutout to @PregoneroL on the bird app for the inspiration.