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‘El Loco’ Won the Argentina Election Last Month With Outlandish Ideas. Now He’s Backpedaling.
Javier Milei, who pledged to kill the central bank, cut ties with China and slash public spending has taken a softer tone ahead of his inauguration
Dec 6, 2023, The Wall Street Journal
President-elect Javier Milei, known by the nickname “El Loco” since he was a kid, rose from university professor to social-media celebrity, making his mark as an economic libertarian and social libertine.
He won by a landslide promising to slash government spending by roughly 40% to help bring down Argentina’s triple-digit inflation. Milei wielded a chain saw in appearances to make his point. “The state is not the solution, rather the problem,” he said, in an echo of President Ronald Reagan.
It was a gutsy platform for a country of 46 million that for years has doled out generous subsidies, pensions and public-works contracts, even if it had to print money to do it.
Milei, 53 years old, wasn’t afraid to extend his stay-out-of-my-life view of government to personal matters, including drug use and same-sex marriage, risking conservative votes in a Roman Catholic country that is home to Pope Francis.
“What do I care what your sexual preference is?” Milei said in a YouTube interview a couple of weeks before the Nov. 19 election. “If you want to be with an elephant, and you have the consent of that elephant, that’s a problem between you and the elephant.”
