Javier Milei’s First Day in Office – Reduce the Size of Government

Guest Post by Martin Armstrong

Argentina’s new President, Javier Milei, is making headlines around the world for vowing to radically change Argentina’s failing political system. Milei campaigned on implementing a “chainsaw plan” that would swiftly cut useless bureaus that drain government resources with no or minimal benefit to the public. Milei stuck to his campaign promises and slashed the number of federal agencies from 18 to 9.

El Presidente de la República Argentina Javier Milei firmó el decreto de designación de ministros. Este decreto reduce la cantidad de ministerios existentes a 9. pic.twitter.com/FNB18pC7va

— Oficina del Presidente Javier Milei (@OPEArg) December 10, 2023

native advertising

The reduction in the size of the government reflects Milei’s proactive approach and sets a precedent for the drastic measures he deems necessary to overcome Argentina’s economic challenges. The ministries that remain include Interior, Foreign Relations, Defense, Economy, Justice, Security, Health, and the recently created Ministry of Human Capital, which consolidates several previous ministries. Mileni cut agencies such as the Ministry of Women Genders and Diversity, which he believed existed as leftist pet projects.

Inflation is quickly rising close to 200%, and over 40% of the population lives below the poverty line. The nation’s net foreign currency reserves are estimated at negative -$10,000,0000. The International Monetary Fund (IMF) and some private creditors expect a large payment by the end of January to the tune of $4 billion. “There is no money,” the new president said before Congress. “The outgoing government has left us on track towards hyperinflation,” Milei said. “We are going to do everything we can to avoid such a catastrophe.”

SHOP HERE FOR LAST MINUTE GIFTS

Milei rightfully believes that the country is close to collapsing. He has an unnerving task ahead of him as major changes are necessary to reverse years of policies that ruined a nation. Imagine choosing to allocate funds to a diversity panel while nearly half the country is food insecure. Reducing the size of government is a guaranteed way to cut expenses and useless regulations that do not benefit the people.

As an Amazon Associate I Earn from Qualifying Purchases

-----------------------------------------------------
It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal

-----------------------------------------------------
To donate via Stripe, click here.
-----------------------------------------------------
Use promo code ILMF2, and save up to 66% on all MyPillow purchases. (The Burning Platform benefits when you use this promo code.)

Click to visit the TBP Store for Great TBP Merchandise