Don't Cry for Kirchner

Last October, the Wall Street Journal editorialized that Argentina “serves as a cautionary tale on how to ruin an economy.” Now President Cristina Kirchner may pay a political price for her–and her husband’s–mismanagement. With national legislative elections scheduled for next month, the Argentine economy is in terrible condition, Kirchner has low approval ratings, and polls indicate that her Peronist party could lose control of at least one house of Congress.