- cross-posted to:
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- cross-posted to:
- [email protected]
Argentina’s libertarian president, Javier Milei, is the lucky winner of $40 billion that Donald Trump managed to conjure from thin air. Less lucky are the Americans who rely on the government programs Trump has gutted to be able to “save” that sum.
Dude is just draining our economy for personal gain.
I bet half of this (probably why he chose to double it) will be waiting for him in his bunker when he finally has to flee.
He’s doing to America, exactly what he did to his casinos. He didn’t run them out of business because he was a terrible businessman (even though he is), it was a deliberate strategy: suck out every penny of profit, declare bankruptcy, and stick all of his creditors with the bills. Rinse, and repeat, over and over.
Now he is doing it with America, allowing all of his Psychopathic Oligarchs to loot America until there is nothing left. We see our beautiful country, but they only see a fat, rich, lazy target to be exploited into bankruptcy.
Yup, this is what “running America like a business” looks like.
That’s another thing that Dems should be fighting. The government is NOT a business, and shouldn’t be run like one. The government is far larger than ALL businesses combined, and is tasked with regulating those corporations, and the business environment. Running a business, and running America, require two totally separate skill sets, which both require specialized training.
The problem is that businessmen become successful, and when you’re a hammer, everything looks like a nail. So they start to think that the answer to America’s problems is to apply proven business strategies, and then they get confused when it never works out. Profit should not be a nation’s objective.
That’s a primary reason that I automatically reject any billionaire, or even multi-millionaire, candidate. Even if their heart is in the right place (which it seldom is with Oligarchs), their policy concepts are flawed by their insistence on their adherence to profit strategies.
The bottom line is that America does not exist to make a profit.
Not sure what you’re talking about. I’m not American, but this action is pretty clear to me. Milei came into power promising to resolve the economic crisis of Argentina through extreme liberalisation of economy and with stronger bonds with the USA. The USA indeed benefits from these bonds, through the privatisation of companies and natural resources as well as the possibility to act as a foreign investor. However, the economic crisis has not been resolved: life is expensive and salaries are low. This year there are elections in Argentina, there is the possibility of a change of government to a party which may not be so friendly to the USA. By giving Milei a large sum of money Trump gets more support from Milei directly (and probably some favours and concessions) as well as a higher chance that Milei gets reelected. With that money Milei can give subsidies and enact reforms which the people will appreciate and point out how his reforms worked out, as well as show that his bonds with the USA are beneficial to the country.
You say Trump is draining the economy of USA for his personal gain, but this very much does not seem the case. Looking at the history of Latin America this looks much more as a small investment to drain the Argentinian economy.
America doesnt want Milei for Argentina’s benefit, its for Americas. The only way for Argentinians to improve their lives is to counter imperialism, not hasten it.
Dude, he said he will only give the money if Millei wins again. It’s a direct bribe to the people of Argentina.
I’m not sure, the article does not say so. Regardless, my analysis is independent from this fact. My main point is that this is not Trump stealing money from the government, but rather Trump investing money to gain a strong influence on a country that has always been rich and full of resources.
https://www.bbc.com/news/articles/cg7n82gd7pvo
We apparently can’t afford to keep our own government open, or staff vital programs, but we can bribe the people of Argentina with $40 BILLION.
It’s a fucking joke.
Thank you for the reference. I would consider this an investment by the government, at that it does not appear to be a bad one at all. Even though I really despise the implications behind it, it is a justified and rational choice.
The US relies on influence on external countries and foreign investments. Do you think the US is rich because of their great manufacturing and exports? I live in Europe and own basically nothing made in the US. Not because I’m against it, there just isn’t anything made in the US to buy. It’s been a long time US products are just software and websites, but most wealth comes from other sources.
I do not like your government, and I despise they cut government spending and social spending. I believe this will cause plenty problems in your country. However, this decision seems completely justified. The US will probably get back way more than those 40 billions, by opening mines and acquiring local industries. I believe your country is quite interested in lithium, that is a good source for it. Together with Bolivia, who has elections today and is already decided to sell off swats of its resources in exchange of some dollars for a year or two of economic stability.
Look man, if you’re in Argentina, I get it. You want that money. It is a lot of money.
But c’mon. Nothing this administration does is justified. Nothing they do is in the interest of American citizens. You need to understand this.
I think you’re both right. The problem in this discussion is that “justified” really depends on perspective. I agree with the other guy it is justified… from Trump’s perspective. I agree with you it is not justified for the American people.
I don’t really like the action itself. I would not say it is justified by Trump perspective or by people’s perspective. Rather, it is an action which does make sense on an economical and geopolitical level. Now, whether it was a good moment to take this action, whether Americans want this and whether this is morally acceptable - I’m not getting into. I’m not American, you do you and take your own decisions and vote whomever you wish.
I really do not like that this has happened. But that is me. I have many friends in Argentina, and I don’t think this will be good for them. However, this does not look to me as Trump trying to steal money from the government as has been said here above and in other comments, but a rather valid decision with it’s motivations and reasons.
This move seems very much to the benefit of the US and to the detriment of Argentina. Argentinians will pay dearly for this. Now, if you want to close your eyes and act like the US is a third world country nobody cares about go ahead. If you don’t want to see how the US relies on influence in other countries to sustain it’s wealth, that is ok.
Multiple straw men in one comment. Impressive.
The US President does not get to unilaterally decide where $40 billion of taxpayer dollars goes. It just does not work that way, and if any other president in US history had done even just this one thing, people in their own party would be condemning it.
If this action had anything to do with helping the people of Argentina, it would not be conditioned on them re-electing their failing idiot libertarian.