How Argentina and the United States switched places

[MilHojas]

https://www.washingtonpost.com/opinions/2025/05/20/us-argentina-economic-policy-reversal/

The U.S. is drifting toward the economic policies that devastated Argentina before it changed course

Archived version

 

[sergio]

https://www.washingtonpost.com/opinions/2025/05/20/us-argentina-economic-policy-reversal/

Archived version

Despite many (inaccurate) articles about how the leaders of the two countries are alike, the fact is that during his first term T increased spending and his current bill before Congress will do the same.

 

[Jerry Nelson]

Despite many (inaccurate) articles about how the leaders of the two countries are alike, the fact is that during his first term T increased spending and his current bill before Congress will do the same.

The House GOP tax bill substantially reverses key clean energy policies from the 2022 Inflation Reduction Act. This rollback threatens hundreds of thousands of jobs, billions in investments (mostly in Republican areas), increases energy costs, and harms the U.S.'s position in clean energy technology and economic competition.

 

[QuilmesSlo]

The House GOP tax bill substantially reverses key clean energy policies from the 2022 Inflation Reduction Act. This rollback threatens hundreds of thousands of jobs, billions in investments (mostly in Republican areas), increases energy costs, and harms the U.S.'s position in clean energy technology and economic competition.

You may not like it, but it's hard to see how the budget changes will "increase energy costs." Subsidizing renewables using tax revenue or debt isn't free.

 

[QuilmesSlo]

You may not like it, but it's hard to see how the budget changes will "increase energy costs." Subsidizing renewables using tax revenue or debt isn't free.

California for example, has the highest energy costs in the nation despite its high level of renewables.