After 11 months in office, Argentina's right-wing President Javier Milei has fulfilled his flagship pledge to eliminate the country's monumental deficits by shrinking the public payroll, slashing subsidies and suppressing already low wages of state workers.
The austerity has spawned misery. But with the country’s left-wing opposition in disarray after delivering the economic disaster that Milei inherited, Argentina hasn’t seen the kind of widespread social unrest that has characterized past economic crises.
