Wow... Javier Milei just freaking WENT THERE!!!! He just FIRED 70,000 gov employees! (Liberal Hivemind)

As an experiment it will be interesting to see how this develops and what services and regulations have been kept. Milei talked about fighting corruption and waste, so he needs something to control these things within the country. He cannot let things be run in an entirely hands off laissez-faire way or else the big money players will come in and run everything in a similarly corrupt way. There might be less waste in such a new system but it could be done at the expense of ordinary workers. Good Governance needs to keep everyone are arms length and maintain a fair playing field with certain rules against fraud and monopolistic control. 

Note: He said he was an anti globalist, so maybe he is for closed borders and local production? This sort of self sufficient economic model is likely the best way to go. Look at Russia under the sanctions. They're booming. It helps that they are selling a lot of oil, but their domestic economy is making lots of things locally that's boosting business operations in the country. They are also still freely trading with most of the rest of the world, including China.

[Posted at the SpookyWeather2 blog, April 9, 2024.]