“God bless the Argentinians and May the Powers of Heaven be with us.”. President Javier Milei insisted on launching the second part of the economic plan, citing once again the ‘Book of Maccabees’ and in particular the chapter dealing with the revolt of the Jewish people against the Greeks in 166 BC. , aims to change Argentina from its “roots”. “Change starts today.”
Milei explained the general aspects of a project with his ministers. Decree of Necessity and Urgency (DNU) It includes more than 300 measures aimed at “unlocking this oppressive institutional legal framework that is destroying our country.” The far-right Government plans to take a series of decisions that will not pass through Congress. While these aim to eliminate the current working regime, especially the severance pay system, privatization of state companies and the repeal of a number of provisions that allow the State to intervene in the market in times of price instability. The President assured that the DNU would return Argentina to the moment of glory he identified “at the beginning of the 20th century”. “It was a first world power”a statement that often surprises historians with its inconsistency. But the president is confident that the agricultural export environment of 123 years ago has collapsed. The “collectivist” era began. This long cycle was marked by recurring crises and “all had the same root cause, fiscal deficit”.
One week later By devaluing the national currency, the peso, by 119%, It opens the doors to a price race that predicts 30% monthly inflation and a few hours ago He faced his first protestConvinced that her honeymoon with the high society might be short, Milei decided to step on the gas. A survey by consulting firm Circuitos found that: 42.2% of the population is optimistic about the Government’s chances of success. More than half of the interviewees expressed negative feelings. After his message to the Argentines some pot shots were heard and spontaneous actions in some neighborhoods of the city of Buenos Aires.
radical turn
Milei knows she’s running race against time. This is what the businessman’s management experience requires. Mauricio Macri, who chose to implement the program gradually. Capitalist anarcho says he has learned his lesson and that is one of the reasons why the DNU also repealed the rent laws that allowed tenants and tenants to agree on rent in dollars and on Supply if they wanted.“The state should never again violate individuals’ property rights.”. Any monitoring of rules and price behavior that benefits the development of national companies will be eliminated as “a persecution of companies”.
“This is an industrial massacre” said Peronist Mayra Mendoza, mayor of the Buenos Aires town of Quilmes. Andrés Larroque, another Peronist, said: “The government has decided to transform itself into an occupying force. A sovereign front that will liberate the homeland.” “This will only bring more hunger and poverty,” warned former minister Daniel Filmus.
He also took measures to change the regime of the private healthcare system. The ambitious decree provides conditions for the privatization of football, the greatest social passion in this country, where 45 percent are poor. This entire arsenal of initiatives is aimed at reviving the “liberal” content of the Magna Carta, promulgated in 1853 and reformed in 1994, he said. All this time, “politicians were busy expanding the power of the State to the detriment of the State.” Good Argentinians”. Finally, DNU allows the liberalization of satellite internet services so that they can enter the market Elon Musk Tourism sector and mining activity with Starlink.
“We removed 13 zeros from the currency, destroyed 5 currency signs, had two hyperinflations without a war, and have the highest empty tax pressure in the world. The problem is the budget deficit, and the solutions politicians are using, far from solving the problem, make it worse,” he explained. “The continued use of debt as a mechanism for financing the deficit and the inevitable default (suspension of payments) leads to a decline in investment and ultimately abysmal real wages.”
Congress is the scene of discussions
This Wednesday’s anticipated announcement, previously rejected by Peronism, which has been in opposition since December 10, is just one more stop on a long, transformative journey. Milei also plans to submit a number of new proposals to Parliament. “economic emergency” measures“This will require the support of his rivals to be confirmed. Initiatives include reversing the Income Tax reform, which particularly benefits the middle class, and a new anti-money laundering law.”
“There are unfriendly measures and there is no other option.”. But when the President takes such emergency measures to reverse the extremely serious situation we are in, we know that they will be temporary, they will not last 40 years,” said Martín Menem, Speaker of the House of Representatives, confidently that the far right and the traditional right will receive the necessary votes to move forward .