Book your ticket to happiness with Sun Express Airlines. This is a

CBS I in the world. I'm John Bachelor. Argentina, much in the news since the presidential election delivered a

libertarian Javier Malay with television skills and a great deal to say about what is to be done to rescue the

Argentinian economy from examples that we have most recently of according to UNICEF approaching

a 70% childhood poverty rate and extreme poverty is going from 19% to 34%.

There are also photographs and Reuters most recent reporting of garbage picking going on in the capital city because of the price of food on the

fruit stands. I welcome Marianastasia Grady of the America's column at the

Wall Street Journal editorial page writing about Haver Malay, his plans at a meeting in late May, May 25th in a province called

Cordoba. Marry a very good evening to you this gathering of the

governors and the dignitaries of Argentina, I understand

Mr. Malay has a plan, a 10-point plan, and a new statement, something called the May

PAC. What is it? and what does it look to good evening to you well good evening John

Javier Malay took office on December 10th and I think from day one even before he took office his problem was

going to be governability I mean habeer Malay has all the right ideas about

what creates wealth, low taxes, open markets, stable money, free,

light regulatory touch, a light tax set of policies. But he is coming up against a very

large welfare state that hasn't been in place for generations and he has to

figure out how to dismantle that because it the fiscal burden it puts and the

regulatory burden but really the fiscal burden that

Argentina carries is quite heavy so he's got to get reforms through Congress.

And he proposed an omnibus bill that had 664 articles in it,

and that bill failed. He had to withdraw it because he couldn't get it through Congress.

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