Source: Town Hall
by Stephen Moore
“President Donald Trump and Argentine President Javier Milei have a special relationship. Each is engaged in a crusade to make his respective country’s economy great again. Trump was all in on helping Milei win his elections earlier this year, and he has also offered the Argentines a $20 billion ‘lifeline’ as they adjust to the bumpy path to needed free-market reforms. The stakes are gigantic because the whole world is watching Milei’s embrace of free-market ‘shock capitalism,’ which so far is working. He has restored sound money (by linking to the dollar) and taken a chainsaw to the bloated state bureaucracy as he privatizes rather than nationalizes government assets. Argentina’s tragic detour into the dead end of socialism drove the nation into a half-century-long economic ditch, with poverty rates skyrocketing.” (12/09/25)