The stabilization of Argentina's currency is, by the standards of the country's history, a remarkable achievement. The fall in living standards that accompanied it is, by any standard, severe. Both statements are true, and the debate about the country has become a contest over which to say first.
That is a mistake. The question is not whether the program worked, but whether the recovery it promised arrives before the patience it depends on runs out. That question has a date attached: the elections in a year.
Until then, the honest position is to watch and to resist the urge to declare.
The Editorial Board is a contributing writer for The Continental Times Opinion section.