Buenos Aires, Argentina – The article highlights the success of President Javier Milei’s economic policies in Argentina, contrasting the results with the gloomy predictions of 108 economists who had warned of “social chaos and economic devastation” if Milei were elected. Almost two years into his presidency, the country’s situation has stabilized, with a fall in inflation and improvements in social aspects like poverty.

The publication directly refutes the economists’ letter, which claimed that Milei’s policies would increase poverty and inequality, by presenting data that shows the opposite: both poverty and inequality have fallen to levels not seen in years. Key data points mentioned include a drop in poverty and indigence to levels last seen in 2018, a decrease in inequality compared to the previous government, and a real GDP per capita that is at its highest point in the 21st century.

The article also points to other positive economic indicators, such as record-high total employment, quarterly GDP growth, and a rise in aggregate consumption. It connects these improvements to tangible benefits for citizens, such as a recovery in beef consumption and a better market for used cars. The text concludes by stating that Argentina has overcome the initial difficult adjustments and is now experiencing economic recovery, proving the alarmist predictions of the 108 economists to be wrong.