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Comment by chmod600 | Hacker News Reader

Sometimes hard choices need to be made. What's your alternative proposal?

The cuts Milei is doing are purely ideological and not even the most reticent of budget hawks )including the IMF) ever considered these cuts necessary or sustainable. The man is mentally insane and despises every public institution.

What they’re not saying here is that tax revenue is dropping and will wipe out any of these gains and that installed industrial activity dropped by over 30% since he assumed office.

Yeah, how do you become a wealthy country with a strong tax base if your citizens don’t get education?

The educational level was declining lately, as seen in the PISA tests. Milei is not to blame for that.

The point is not to balance a budget. The point is to rein in persistently triple-digit inflation. Everyone wants to have their cake and eat it too, but the reality is that you fight inflation by cooling economic activity for a period.

A 30-40% real drop in economic activity and a reduction by half in purchases of medical consumer items isn't "cooling"; it is an active destruction of the real economy that has absolutely no rationale.

You literally just made that up. You probably think that everyone's salary got cut in half when the government stopped lying about the value of their currency.

What specifically would you propose to balance the budget?

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