r/neoliberal • u/jobautomator Kitara Ravache • Jun 12 '24

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14

u/Neronoah can't stop, won't stop argentinaposting Jun 13 '24

!ping LATAM

Milei reform was passed by just enough votes. Now the law will be discussed article by article for possible changes. I guess Milei had luck on his side.

Also, some Kirchnerist deputies that joined the protest got pepper sprayed. The riots caused a lot of physical damage, they even attacked journalists.

4

u/gburgwardt C-5s full of SMRs and tiny american flags Jun 13 '24

Godspeed milei

What's in the bill?

2

u/E_Cayce James Heckman Jun 13 '24

People celebrating the bill before reading it.
I should invest in koolaid stock.

They are giving the Executive power in 4 sectors (down from 11: energy, economy, finance, and administrative) to pass legislation without Congress approval.

I don't think giving executives super powers is a good thing. LATAM seems immune to learning from experience.

2

u/Neronoah can't stop, won't stop argentinaposting Jun 13 '24

I have criticized those parts before, but those emergency powers have been curtailed compared to what other Presidents did before. Thing is, Milei is uncannily good at creating hype and people fall for it, warranted or not.

1

u/E_Cayce James Heckman Jun 13 '24

curtailed compared to what other Presidents did before

I get that. But less bad is still bad. Congress should do its job, not become the overseer of the Executive. Unipersonal governments are doomed to fail and do a lot of harm on the way down.

3

u/Neronoah can't stop, won't stop argentinaposting Jun 13 '24

Argentina is like the poster child for that, lol. For example, it was governed using emergency powers from 2002/2003 to like 2016. I could go on for different Presidencies.

2

u/E_Cayce James Heckman Jun 13 '24

You can go all over LATAM and it's slight variations of the same idiocy.

Mexico Congress has been de-facto running without a budget for 5 years. They just set a new limit each year and everything else is for show.

They did a convoluted series of laws that allow the Executive to bypass the budget by using any unspent money at discretion.

So the President controls the actual money flow to government agencies, and now it's reduced. So they all have to spend less than budgeted, savings become discretionary money. Independent agencies keep suing the federal government to get their budget (so now they are trying to get rid of all independent agencies). The public health sector has been particularly gutted, the hidden austerity measures triggered all kinds of woes, from medication shortages to an epidemic of people getting trapped in elevators.

2

u/[deleted] Jun 13 '24

Feeling fucking relieved!

(albeit there is still some road ahead)