20 sats \ 10 replies \ @Undisciplined 9h \ on: The Daily Zap — Latest News and Updates alter_native
I'm eager to hear @didiplaywell's perspective on the situation in Argentina.
My expectation was that there would be this sort of short-term dislocation, followed by rapid real economic growth.
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See @Undisciplined, I've also talked at least one person from there and he was also not all praise for Milei.
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I imagine anyone undertaking a radical reform project will be criticized by pretty much everyone. Even if I largely like what I've heard out of Argentina, there are certainly things I would do differently in that position.
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I'm sure you wouldn't fire a large number of people at once.
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Why? I absolutely would, if given the opportunity. No one is entitled to a tax funded job, especially when they're doing things that make the average person's life harder.
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Ahh! Youn said 'differently' and I thought this would be the one you won't do differently. I would also do the same. So, perfectly were on the same page. When Milei did this, that's when he got me respect him.
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It's kinda surprising to me as well after a lot of reports of positivity on economy came from Argentina. I've always been skeptical of Milei.
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It's perfectly normal for economic corrections to have a severe initial downturn. The economy of Argentina was horribly distorted by generations of socialist politicians.
Reallocating resources to where they're actually needed comes with transactions costs.
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I hope the same is the case for Argentina. I'm just skeptical of every politician. Maybe Milei proves me wrong.
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Same, although he's delivered on more than one would expect from a typical politician.
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