Javier Milei: Expectations for 'Unconventional' President's Bold Measures to Reshape Argentina

Argentina's new president, Javier Milei, has been described as "crazy" by both his supporters and critics. Milei, who won the presidential election with 56% of the vote in November, has garnered a following from groups like Pibes Libertarios, a militant libertarian group active on social media. These supporters plaster Buenos Aires with posters containing QR codes linking to videos supporting Milei's policies. Despite his victory, Milei faces obstacles in Congress, where he lacks a majority to pass his package of reforms aimed at reducing the size of the state. The Pibes Libertarios remain committed to fighting for Milei's privatization and deregulation agenda. Many see Milei as providing those on the right with a libertarian identity, which sets them apart from the progressive "liberals" in the West. Milei's unorthodox economic approach, characterized by slashing public spending, subsidies, and the value of the currency, is appreciated by many who feel high levels of inflation have become the norm in Argentina. However, critics argue that these measures have resulted in even higher prices, causing hardships for many, particularly the vulnerable. While some agree with Milei's stance that the state is the problem itself, others depend on state support and fear that they cannot afford to wait for improvements. Nevertheless, Milei's spokesman is confident that the government will begin to show results in the fight against inflation in a short period. Milei's popularity hinges on his ability to deliver on his promises, especially in reducing state support. The public's support will likely be determined by how quickly they see improvements amidst the reduction of state assistance. The economic crisis in Argentina has caused intense anger, particularly among the youth, and Milei's supporters appreciate his perceived honesty about the situation. However, opposition politicians have hindered Milei's ambitious plans to cut the state, attributing the delays to the caste system. Milei's success will ultimately be judged by the speed at which he can bring about positive change in a climate where many are already at their limit.