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Patrick says
Not good.
not surprised... Mileli is anti Kremlin and anti Chicom$
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ad says
Patrick says
Not good.
not surprised... Mileli is anti Kremlin and anti Chicom$
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AND WE CAN'T HAVE THAT!!!
The People’s Gazette ran a story yesterday headlined, “Argentina's President Javier Milei reduces ministries from 18 to nine on first day in office. The sub-headline added, “President Milei immediately streamlined his government, consolidating federal ministries from 18 to nine on his first day in office.”
If there’s one thing that the former economist, “ultra right wing” politician, “Argentinian Trump,” and now President Javier Milei can’t stand, it’s marxists. And Argentinian marxists created hyper-inflationary conditions in Argentina (200% per year) basically wrecking the country’s economy. Then Argentinians elected a super-spicy, profane, almost over-the-top, just-short-of-a-caricature conservative who’s promised to surgically excise the left in that country using a chainsaw.
Literally. I’m not joking. He literally showed supporters the chainsaw he plans to use.
So yesterday, as his first official act after being sworn in, Milei fulfilled one of his grandest campaign promises and chainsawed the size and expense of his country’s federal government. He told Argentinians that righting the economic ship would be painful for a while, but the government would share their pain.
In other words, Milei is pursuing a radical conservative scheme of deregulation and privatization. He will be opposed by every leftwing group in the world seeking to ensure it fails, so that Argentina won’t become some kind of example to the rest of the world.
To my knowledge, nothing quite like this has happened, maybe ever, certainly not since the Cold War. The closest I could find was Sweden’s consolidation of 22 ministries into 11 in 1991 (which was more consolidation for management efficiency than it was cutting anything). Obviously, government does not voluntarily reduce itself. It always goes the other way. Even Greece under IMF-imposed austerity never reduced the size of its government as much as it appears Milei just did.
I don’t know Milei, and I have no conflicts about or investments in the man. But I would like to point out to all the black-pillers who poo-poo’d Milei’s election and called him a WEF mole, maybe just wait a minute before declaring nothing good could come from conservative sea-change in Argentina. As I’ve said before, the unfolding events there say more about the mental state of Argentina’s population — maybe even the world’s population — than it does about any particular candidate.
We should do the same thing here! I’d like to volunteer the full U.S. security state, the whole CDC, 90% of the FDA, the entire NIH, the Department of Energy, the EPA, and the Department of Education as initial cutting candidates here in America. That could be a good start. Start your chainsaws. Let’s goooooo!
In November, Argentina reached 183 percent inflation for 2023, impoverishing around 40 percent of the country, a reality that helped sweep Milei into power. Now, he's taking action, with his first move in office being an executive order that slashes the number of government ministries from 21 to nine. Among those put on the chopping block was the ministry of "women, genders, and diversity," a move he recently telegraphed in his criticisms of "social justice."
On his 1st day in office, President Milei signs an executive order, reducing government from 21 ministries to 9
Interior, exterior, economy, justice, infrastructure, foreign affairs, security & defense all stay
Education, healthcare, culture, women’s rights etc out (Afuera!) pic.twitter.com/12Cqq9ZUu6
— Visegrád 24 (@visegrad24) December 11, 2023
It didn't take long for the hand-wringing to begin in the press. PBS News published an article dripping with sanctimony, claiming that Milei's ideas are "outlandish" and "radical." What makes that so ironic is that the very same article admits that Argentina is in dire straits.
South America's second largest economy is suffering 143 percent annual inflation, the currency has plunged and four in 10 Argentines are impoverished. The nation has a yawning fiscal deficit, a trade deficit of $43 billion, plus a daunting $45 billion debt to the International Monetary Fund, with $10.6 billion due to the multilateral and private creditors by April.
Argentines disillusioned with the economic status quo proved receptive to an outsider's outlandish ideas to remedy their woes and transform the nation.
BTW, the union dockworkers in Argentina steal half of everything imported into the country. They're infamous for it. Yet the government has never been "able" to stop them in half a centur
That's impressive since containerization cut that down. Before shipping containers, anyone shipping anything expected to lose at least 30% to dockworkers of whatever they shipped.
Milei may be just proposing extreme measures hoping there is some compromise so at least there is slight austerity for the next 4 years.
I wish the same would happen here such as grow the federal government budget by 1.5% below inflation each year for 4 consecutive years without requiring drastic tax increases.
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The problem with that idea is that the Federal government has a pension problem. Every year there are more and more retirees with a Federal pension, and the ones already outstanding get their COLAs. This is on top of the 10000 people per day hitting age 65 and retiring with their Social Security. This pretty much assures that government spending has to increase every year.
The problem with that idea is that the Federal government has a pension problem.
ad says
Milei may be just proposing extreme measures hoping there is some compromise so at least there is slight austerity for the next 4 years.
I wish the same would happen here such as grow the federal government budget by 1.5% below inflation each year for 4 consecutive years without requiring drastic tax increases.
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The problem with that idea is that the Federal government has a pension problem. Every year there are more and more retirees with a Federal pension, and the ones already outstanding get their COLAs. This is on top of the 10000 people per day hitting age 65 and retiring with their Social Security. This pretty much assures that government spending has to increase every year.
No it doesn't. When the music stops, it stops.
Then you gotta add in Medicare/Medicaid, military healthcare (both retired and current) and civil servant healthcare. Also, since the demobilization from WWII there has never been a year where the number of government employees has dropped (go figure).
Just curious: what is your definition of the music stopping?
Implement a means test for Social Security.
ad says
Implement a means test for Social Security.
How about I get to stop paying into it if I don't get to get it back. I can invest it better anyway.
How about I get to stop paying into it if I don't get to get it back. I can invest it better anyway.
Unfortunately, there is no way of telling who a good investor is. The whole reason SS came about is that the majority of the population has proven to be too irresponsible to save for retirement. If everyone is allowed to opt out, then we will have the situation where most people not invest at all, some people will invest in the myriad of scams that will come about, and just a few like you who will invest wisely. Without SS, we would have a seriously increased mass of elderly poor. "W" proposed a plan when he was President to allow people to choose the investment vehicle for their SS deductions. That plan would have led to Solyndra level scams where the invested money would simply vanish, and we would still have the problem with elderly poor victims.
Another reason SS is broke is like welfare, it went beyond the deserving to too many situations.
SS was created to help the elderly who could not work pay for the last week of every month's groceries. That's why it's supplemental.
Over the decades, it was expanded to the disabled, mentally ill, and a bunch of others.
Just like welfare was for the maimed or the widows, but expanded to Leg Spreaders. Once it was expanded to leg spreaders the whole thing became a disaster.
The Open Skies policy included in yesterday’s measures:
- Enables airline companies from all over the world to begin offering domestic flights within Argentine territory
- Enables airline companies from all over the world to offer international flights to and from Argentina without the need for prior agreements (e.g. direct flights São Paulo-Bariloche or Madrid-Mendoza, without having to go through Buenos Aires first).
- Limits on flights per route and who can fly them are eliminated
- Airline operators will be able to freely set prices (the disastrous FLOOR prices they put on low cost airlines end, so now they actually become low cost
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Argentina's "Far-Right" (Libertarian) Javier Milei wins Primary.
This guy is great, he's like a combo of Ron Paul but with Trump's fiestyness. And he's got Austin Powers Mod haircut.