President Milei’s Chainsaw Takes Effect!
Just over two months after his stunning election win, Javier Milei is delivering exactly what he promised – more pain, high inflation, but a drastic cutting back of state spending.
We’ve yet to see a drop in inflation because January’s monthly figure of 25% is not really indicative, yet Milei himself has said that a monthly figure of 15% for February would be a major step in the right direction.
His biggest problems are revolts from the Pro party, his removal of funds from social groups, constant threats from unions, endless strikes and possible widespread social unrest. However, his popularity has dropped by at least nine points to around 48%.
