This headline was delivered this morning to our doorstep and it couldn’t be more misleading. It’s symptomatic of how the media and the globalist institutions like the IMF and World Bank define downsizing government as “austerity.”

But Milei is delivering prosperity, not austerity, by cutting out-of-control government spending and needless bureaucracy and rules. Dollarization and tax rate cuts are also pro-growth, not pro-austerity. By the way, the BBC also led with this same fatuous spin on the election results from Buenos Aires.

At least they fixed it on the WSJ website!