{"id":102801,"date":"2026-06-02T05:00:56","date_gmt":"2026-06-02T09:00:56","guid":{"rendered":"https:\/\/quotulatiousness.ca\/blog\/?p=102801"},"modified":"2026-06-01T11:54:10","modified_gmt":"2026-06-01T15:54:10","slug":"judging-javier-mileis-work-by-the-numbers","status":"publish","type":"post","link":"https:\/\/quotulatiousness.ca\/blog\/2026\/06\/02\/judging-javier-mileis-work-by-the-numbers\/","title":{"rendered":"Judging Javier Milei’s work by the numbers"},"content":{"rendered":"

Thanks to automated translation from the original French on the social media site formerly known as Twitter<\/em>, Laurent<\/a> outlines what he sees in the data from Argentina before and after Javier Milei became president:<\/p>\n

\"\"<\/a><\/p>\n

I’ve been wondering for a while now about the (provisional) balance sheet of Milei in Argentina. You read everything and its opposite. So I stopped reading the commentary and looked at the raw numbers.<\/p>\n

Argentina is the full-scale experiment that economists have been waiting for for 50 years. Same country. Same people. Same culture. We change ONE variable: the economic method.<\/p>\n

Before: decades of statist and Peronist management, “redistributive”. The concrete result? 211% inflation, 42% poverty, a state in permanent deficit that funds its lifestyle by running the printing press.<\/p>\n

Then Milei arrives. The opposite method, brutal, acknowledged: we cut, we deregulate, we stop printing.<\/p>\n

Two years later ([snapshot] at his arrival (end of 2023) vs today):<\/p>\n

Annual inflation: 211% \u2192 31%
\nMonthly inflation: 25% \u2192 ~2%
\nPublic deficit: \u22125% of GDP \u2192 +1.8% (surplus)
\nGrowth: \u22121.6% \u2192 +4.4%
\nPoverty: 42% \u2192 28%<\/p>\n

No debate. Judge for yourselves.<\/p>\n

And the essential point: these gains don’t go “to the rich” or “to the markets”. They go first to the poorest.<\/p>\n

Inflation is the most unjust tax that exists \u2014 it hits those who have no assets to protect themselves. Dividing it by 7 is giving back purchasing power to those at the bottom. And 14 fewer poverty points means millions of people, not an Excel line.<\/p>\n

For a century, Argentines were told that the state would protect them by spending more and more. Result: one of the richest countries in the world in 1910, ruined. We’ve just reversed the method. Look at the result.<\/p>\n

At some point, you have to accept what the facts say: on the economic front, the liberal method has delivered in two years what decades of socialism promised without ever delivering. And it benefits the most modest first.<\/p>\n

You can hate Milei’s style \u2014 the chainsaw, the excess, the improbable outbursts, he’s nothing like a classic statesman. But you don’t judge an economic policy by the style of the one who leads it. You judge it by what it does to people’s lives.<\/p>\n

And the numbers have spoken.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Thanks to automated translation from the original French on the social media site formerly known as Twitter, Laurent outlines what he sees in the data from Argentina before and after Javier Milei became president: I’ve been wondering for a while now about the (provisional) balance sheet of Milei in Argentina. You read everything and its […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[465,25,84,28],"tags":[492,1530,91,290],"class_list":["post-102801","post","type-post","status-publish","format-standard","hentry","category-americas","category-economics","category-government","category-media","tag-argentina","tag-javiermilei","tag-poverty","tag-statistics"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p2hpV6-qK5","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/102801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/comments?post=102801"}],"version-history":[{"count":2,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/102801\/revisions"}],"predecessor-version":[{"id":102804,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/102801\/revisions\/102804"}],"wp:attachment":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media?parent=102801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/categories?post=102801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/tags?post=102801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}