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Javier Milei's Party Surges in Argentina's Mid-Term Elections

11/27/2025

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Story summary
  • Javier Milei's La Libertad Avanza won over 40% of the vote in Argentina's mid-term elections.
  • The result gave the party crucial legislative support.
  • Milei campaigned on a platform of fiscal contraction, unlike previous administrations.
  • Inflation fell from 211% to 39.4% by June 2025, supporting his popularity.
  • Historical patterns suggest austerity is politically viable when economic shocks are felt early and inflation is controlled.