Miley’s Chainsaw Economics: Streamlining the Civil Service Amidst Right-Wing Political Influence

Argentine President Implements “Chainsaw Economy”: 70,000 Civil Servants to be Laid Off

President Javier Miley of Argentina has announced plans to cut 70,000 jobs in the civil service as part of a streamlining effort aimed at reducing the size of the government apparatus. This move is consistent with his approach to reducing public sector spending, which he has nicknamed “chainsaw economics.”

Miley’s far-right political leanings have often been compared to those of former US President Donald Trump and Brazilian President Jair Bolsonaro. In his inauguration speech in December 2023, Miley emphasized the need for significant spending cuts to address the country’s financial challenges. He acknowledged the economic damage of previous decades and emphasized the necessity of implementing drastic measures to tackle issues such as high public debt and inflation rates reaching 140%.

Miley’s administration is facing tough economic realities, prompting him to take bold actions to address Argentina’s financial woes. The president’s commitment to reducing government spending and implementing shock therapy measures underscores his determination to stabilize the country’s economy in the face of significant challenges. The comparisons drawn between Miley and other right-wing leaders suggest a shared approach to economic policies and governance.

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