Donald Trump Is Bailing Out Javier Milei’s Austerity Regime
As Washington shuts down and safety nets vanish, Donald Trump is sending billions to rescue Argentina’s far-right government. Argentine pensioners, driven into poverty by Javier Milei’s cuts, are in the streets demanding survival.
Assistance to Argentina fits into a broader project of social services cutbacks championed by Donald Trump, Javier Milei, and international outfits like the IMF and World Bank. (Kevin Dietsch / Getty Images)
Argentine president Javier Milei had a lot to celebrate during his recent visit to Washington, DC.
While Americans deal with an ongoing government shutdown, mass federal firings, and looming safety net cuts that could plunge millions into poverty, the Trump administration pledged $20 billion to bail out Argentina’s flailing economy.
The timing couldn’t be better for Milei as he faces down an election later this month where economic distress is threatening to tank his party’s chances.
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