Javier Milei Celebrates One Year in Office
Argentina, Javier Milei, Libertarianism, The Right Stuff
Javier Milei campaigned promising to “take a chainsaw to government regulations” in Argentina.
Kate Andrews, in the London Spectator, profiles Argentine President Javier Milei as he celebrates the completion of a triumphant first year in office,
‘I never wind down,’ says Argentina’s President Javier Milei when we meet in his Presidential Office at the Casa Rosada. ‘I work all day, practically… I get up at 6 a.m., I take a shower and at 7 a.m. I am already at my desk working. And I work all the way until 11 p.m. I enjoy my job. I enjoy cutting public spending. I love the chainsaw.’
It was a photo of Milei with a chainsaw – who was then the insurgent candidate – that propelled him to international fame last year. He waved it on the campaign trail as a symbol of what he would do to government regulations and bureaucracy if elected to the presidency. He had previously gone viral in a video showing him shouting ‘Afuera!’ (‘Out!’) while ripping names of government departments off a whiteboard.
‘That level of joy is too much for me. Removing 44 regulations within a single day is sheer bliss’
These stunts drew attention to his election promise: to wage war on socialism and bring free markets to Argentina. He started at 16 per cent in the polls, but his pledges to curb inflation, abolish price controls, shrink the state and get the country back on a strong fiscal footing won over the majority of Argentinians, who were ready for change. …
This month marks one year since Milei took office, elected with a mandate to overhaul 100 years of socialist rule – and he’s eager to trumpet the results.
‘Let me tell you a fun story. I was in a bilateral meeting with Indian Prime Minister [Narendra] Modi,’ he tells me through his official interpreter. In the meeting at the G20 in Brazil last month, Milei sang the praises of his deregulation minister Federico Sturzenegger, who was also in attendance. Milei told Modi that the minister had cut four regulations in Argentina that very day.
‘Minister Sturzenegger didn’t correct me, because if I had known the actual figure, I would probably have started to celebrate on top of the table. Because he hadn’t removed four regulations, but 44 of them.’
A proud, grateful look spreads across the President’s face. ‘I can assure you that if he had corrected me on the spot, I would have got up and given him a big hug, because that kind of level of joy is too much for me. Removing 44 regulations within a single day is sheer bliss.’
Slashing bureaucracy is his idea of a good time. ‘I derive pleasure from removing the state,’ he says. ‘I feel, that way, we become more free, that I am giving freedom back to the people.’
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How’s Milei doing?
Townhall: Argentina’s Javier Milei Ends Deficit for the First Time In 123 Years
MILEI: ARGENTINA ENDS DEFICIT FOR THE FIRST TIME IN 123 YEARS
"The deficit was the root of all our evils—without it, there’s no debt, no emission, no inflation.
Today, we have a sustained fiscal surplus, free of default, for the first time in 123 years.
This historic… https://t.co/uszEgPd493 pic.twitter.com/nt5jJGQM1V
— Mario Nawfal (@MarioNawfal) December 11, 2024
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Breitbart: Argentina’s Javier Milei Announces 90% Tax Reduction in 2025
President of Argentina Javier Milei announced Wednesday that his administration is preparing a structural tax reform that will eliminate 90 percent of existing taxes in 2025.
Milei announced the plan, alongside other policies he seeks to implement in his second year in office, while marking the end of his first. Among them was a plan to negotiate a trade deal with President-elect Donald Trump’s administration once he takes office in January.
Tuesday marked one year since Milei took office on December 10, 2023, and became Argentina’s first libertarian president, succeeding socialist former President Alberto Fernández. At the time he took office, Argentina faced a severe economic crisis that dramatically worsened as a result of Fernández’s disastrous socialist policies. Milei implemented a series of drastic “shock therapy” measures to avert the collapse of the country’s economy and avoid a hyperinflation spiral.
Milei’s policies successfully reduced the inflation rate in Argentina, dropping it from 25.5 percent in December 2023 to 2.7 percent in October 2024 while also allowing the nation to experience ten months of continued trade surplus as of November.
Additionally, Milei spearheaded a dramatic overhaul of the Argentine government during his first year, reducing the number of ministries from 18 to nine on his first day and outright replacing other institutions — such as Argentina’s bloated AFIP revenue service, which was dissolved and substituted with a much smaller agency in November. The Argentine president also introduced a series of sweeping reforms that Congress passed in late June.
Milei marked his first year in office by delivering a speech in the evening hours of Tuesday in the company of his ministers and members of his administration. He reviewed the results of his policies and announced a series of upcoming measures.
Donald Trump should do so well!
If I were younger, I’d be brushing up my Spanish and packing to move to Argentina.
