cross-posted from: https://lemmy.zip/post/51070777

“Yet, they never have the funds for healthcare coverage for all,” said Congresswoman Rashida Tlaib.

  • A_norny_mousse@feddit.org
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    11 days ago

    I kinda missed part 1 of the story; what’s the deal for Trump here?
    He wouldn’t be doing this if there wasn’t something in it for him.


    Oh and just in case somebody isn’t 100% clear what Milei is about:

    While Milei has drastically slashed inflation, the reduction has come via the devaluation of the peso and massive cuts in government spending, including the evisceration of social programs resulting in more expensive housing, healthcare, and education.

    And Trump doing mafia style threats again:

    “If he loses, we are not going to be generous with Argentina,” Trump told reporters. “I think he’s going to win, and if he wins, we’re staying with him, and if he doesn’t win, we’re gone.”

    Lawmaker Margarita Stolbizer:

    “Trump tells us Argentines that if we don’t vote for Milei, we’ll be punished,” she added. "The interference is absolute, the libertarian surrender is total.

    • hedgehogging_the_bed@lemmy.world
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      11 days ago

      Argentinian government debt is mostly owned by big American investment firms like Black Rock. If their economy crashes, American Oligarchs lose $$$$ so they convinced Trump this is in his best interests.

    • az04@lemmy.world
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      11 days ago

      I think that article is not well researched. Devaluing the currency causes inflation (in Argentina’s case), not the opposite. In fact, Milei did not sufficiently devalue the peso, because devaluing further would have caused more inflation. It’s exactly because he did not sufficiently devalue that the peso is now in crisis.

      I don’t know about the other ones, but under Milei housing listings have become cheaper, when adjusted for inflation.

    • Getitupinyerstuffin'@lemmy.world
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      11 days ago

      Im all about Milei. Im all about reducing the size of bloated governments and frivolous spending. Governments love to pay useless people to do useless and many times redundant work. I understanding these are people with jobs and paychecks, and people should be able to have a good job and pay check, but not pointlessly and at the expense of the tax payers.

      • xyzzy@lemmy.today
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        11 days ago

        What do you do? Let me judge how useless you are and how useless your job is.

  • pjwestin@lemmy.world
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    11 days ago

    $40 billion was the entire annual budget of USAID. No matter what you think of them, they did provided essential aid to dozens of nations, and DOGE destroyed them under the pretense of lowering the deficit. Now we’re spending that much money just to prop up one countries economy.

    (Yes, I know they USAID is a soft-power tool of American imperialism, and is rumored to have been used as cover for CIA operations, but they also did a shit-load of global AIDs prevention work, and I’d rather have spent the $40 billion on that than bailing out a libertarian freak so Rob Citrone can get rich.)

    • Mog_fanatic@lemmy.world
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      11 days ago

      I mean the entire doge “savings” were instantly wiped out by the $200 billion increase in military spending. And I say savings incredibly generously because there are a ton of studies that say the agencies and people they cut will leave a hole in federal capabilities that will end up costing the American people way more than all of the money they claim to have saved (Some speculate the massive cuts to the IRS alone will end up costing about $1 trillion in lost tax collections).

      But this combined with the cost of the shutdown and the farmer bailout and so much more is just icing on the cake I guess.

      • pjwestin@lemmy.world
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        11 days ago

        Oh yeah, for sure. Everything DOGE did was a farce, and it almost certainly lost more money than it saved. Even en if it didn’t, they blew any savings up on their first budget legislation. I just find it particularly hypocritical to cut $40 billion in global aid because, “we don’t have the money,” then turn around and spend $40 billion on global aid to a single country

      • Tollana1234567@lemmy.today
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        10 days ago

        has he even started bailing out the farmers yet? the gop is hoping the Ds come back into the power, so the gop can mess it up next election again. it will be a problem if the gop is still in power and they dont get to blame the Ds anymore.

    • Tollana1234567@lemmy.today
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      10 days ago

      0, USA has no interest in giving people free or extremely subsidized healthcare, they lose thier political wedge issues, trump card for both sides. the DNC can say they would to wet thier appetite, and the GOP can say they are against it, because of this or that is not effective. and also REPUBLICAN recepients make up a large percentage of medicaid, snap benefits too.

      • NιƙƙιDιɱҽʂ@lemmy.world
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        9 days ago

        I know a Trump supporting single father, who as someone it is absolutely meant for, uses SNAP benefits. And then turns around and says it shouldn’t exist and votes for Trump. The people are all dumb, government will hang their carrots and nothing will change weeee

  • LifeInMultipleChoice@lemmy.world
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    11 days ago

    Out of curiosity, what does this do to the USD? I know it is a “small” amount relative to our country, but if they are swapping $40b in U.S. Dollars for a currency of high volatility, isnt it a guaranteed loss of believed stability in those USD up to that amount?

    • icelimit@lemmy.ml
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      10 days ago

      Soft power I guess? Maybe strings to dump us agricultural produce that is losing their market due to taco shenanigans.

  • CircaV@lemmy.ca
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    11 days ago

    Americans get the government they deserve (and voted for) 🐆🐆🐆🐆🐆🐆🐆🐆🐆🐆🐆🖕🇺🇸

  • ArmchairAce1944@discuss.online
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    10 days ago

    Aren’t Argentinan soy farmers basically stealing American soy farmer’s sales? Its almost like American farmers voting for this City Slicker Real Estate loser hate themselves or something.