Source: Foundation for Economic Education
by Marcos Falcone
“As we approach the sixth month of Trump’s second presidency, we can compare it to another novel and ally administration: Javier Milei’s in Argentina. In fact, both presidents have praised each other and have met several times. While some expected Milei’s economic policies to influence Trump, and others even believed that Trump would be a libertarian president, they’re proving wrong. Before Trump and Milei were elected, both the US and Argentina were running extensive deficits, and both leaders vowed to address the problem. On the one hand, Milei made good on his promise in just one month and balanced Argentina’s budget for the first time in over a decade. Now, 18 months into his presidency, the Argentinian government is spending less than it takes from taxpayers. By contrast, the US is not only still facing a fiscal crisis, but Trump’s administration refuses to cut spending.” (06/16/25)
https://fee.org/articles/trumps-america-and-mileis-argentina/