{"id":45830,"date":"2025-09-30T00:02:09","date_gmt":"2025-09-30T00:02:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/45830\/"},"modified":"2025-09-30T00:02:09","modified_gmt":"2025-09-30T00:02:09","slug":"with-potential-argentina-bailout-trump-tries-to-stop-a-maga-role-model-from-imploding","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/45830\/","title":{"rendered":"With potential Argentina bailout, Trump tries to stop a MAGA role model from imploding"},"content":{"rendered":"

\"\"<\/a><\/p>\n

Donald Trump and his administration are preparing to hurl billions of dollars at Argentina to prevent its MAGA-inspired administration<\/a> from going up in flames.<\/p>\n

Treasury Secretary Scott Bessent\u2019s announcement last week<\/a> that the U.S. is in talks to provide more than $20 billion in a currency swap, along with other forms of aid, to prop up the South American country\u2019s economy \u2014 and thereby aid President Javier Milei\u2019s flailing administration \u2014 is a clear sign that the political outlook for Milei has soured in recent months<\/a>.<\/p>\n

For years now<\/a>, Trump and the MAGA movement have portrayed Argentina\u2019s right-wing leader and his administration as a shining example of what deep cuts to federal programs<\/a> \u2014 mostly, targeting the poor and the middle class \u2014 can do. But Argentina\u2019s economy has continued to suffer under Milei\u2019s policies, undermining Trump\u2019s rosy portrayal<\/a>.<\/p>\n

A report from The Wall Street Journal last week, headlined \u201cArgentina Is Losing Faith in Milei\u2019s Free-Market Revolution,\u201d<\/a> detailed the growing public discontent with Milei. And the Trump administration may see that as a bad omen for its own political prospects, given how closely its policies have mirrored Argentina\u2019s.<\/p>\n

\"JavierArgentina’s President Javier Milei at CPAC in February.Jose Luis Magana \/ AP file<\/p>\n

Even as Milei\u2019s rule has coincided with increased poverty in his country, he has been granted a level of idolatry<\/a> in the MAGA movement<\/a>. Conservative entrepreneur Vivek Ramaswamy, who\u2019s running for governor of Ohio, has said<\/a> the U.S. government is in need of \u201cMilei-style cuts, on steroids.\u201d And Elon Musk, who steered Trump\u2019s gutting of the federal government, has looked to Argentina as a model<\/a> and even wielded a chain saw with Milei<\/a> at this year\u2019s Conservative Political Action Conference, to symbolize his own plans to slash the federal government.<\/p>\n

As The Washington Post reported<\/a> Sunday, Trump\u2019s plans to bail out Argentina \u2014 while the White House wages its own destructive economic agenda equipped with crippling tariffs and deep austerity measures \u2014 has even angered many of the president\u2019s supporters.<\/p>\n

Indeed, it seems clearly antithetical for a purportedly \u201cAmerica First\u201d administration to extend a $20 billion lifeline to a foreign country while it cuts essential programs that millions of Americans rely on \u2014 a politicized gutting of the federal government said to have been made in the name of efficiency despite evidence to the contrary<\/a>.<\/p>\n

But the Trump administration sees Milei\u2019s Argentina as an international example of MAGA success. And there\u2019s no telling how much taxpayer money it is willing to spend to make that fa\u00e7ade seem real.<\/p>\n","protected":false},"excerpt":{"rendered":"Donald Trump and his administration are preparing to hurl billions of dollars at Argentina to prevent its MAGA-inspired…\n","protected":false},"author":2,"featured_media":45831,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-45830","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/45830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=45830"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/45830\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/45831"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=45830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=45830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=45830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}