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Comment by blackeyeblitzar | Hacker News Reader

> The structural changes are painful but necessary.

One thing that is amazing, is how quickly Milei was able to make these changes. I’m guessing Argentinian law allows the president a lot of power to make changes quickly. By comparison, efforts to make the government more efficient in America will probably fail because they will be bogged down in lawsuits and obstruction.

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Surprisingly, no. Milei's party does not have majority in the Congress, he does not have much power, and the best example is his omnibus bill [1]. Initially Milei's party attempted to pass a massive 300-page reform, consisting primarily of deregulations and paving the road for a more free-market government model. The reform was debated for almost 6 months, and the accepted version was about a 3rd of the original one.

The president has power to make only small changes in Argentina, but the previous system was so flawled that any minor change resulted in noticeable changes to the general economy.

[1] https://en.wikipedia.org/wiki/Law_of_Bases_and_Starting_Poin...

> how quickly Milei was able to make these changes.

Milei's speech at Davos 2025: https://www.weforum.org/stories/2025/01/davos-2025-special-a...

Interesting speech. He certainly seems to worked up over various culture war topics.

The same powers that allow Milei to make rapid changes are the ones that allowed decades of his predecessors to run the country into the ground.

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