Socialism is bad for you

Today's Wall Street Journal has an article about three countries "where the dollar rules": South Africa, Argentina, and Indonesia. And then the whole article was about South Africa until near the end was this bit:

In Argentina, before an economic crisis hit at the end of 2001, the peso was trading one-to-one with the dollar. Today, a dollar buys more than three pesos. In a land known for superb beef, a steak at a nice restaurant costs about $12, and it is less than $10 at more-modest places. A subway ride is 25 cents and a 20-minute taxi ride is about $5. Like South Africa, many small, stylish hotels are available in the $100-to-$150 range.

And that paragraph was followed by 3 paragraphs about Indonesia.

In other words, strange article. But yes, things are cheap here for Americans. That's what happens when your two main political parties are both leftists: your economy sucks.