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Rajesh Achanta's avatar

I see only superficial similarities between the situations in Argentina & the US. I agree that the Milei playbook is being used by DOGE but the core issues in the US & in Argentina as well as the motivations of the players are very different. Personal grievances, greed & caprice appear to the drivers in the US so the end goals aren't about fiscal solvency. Milei's situation & solutions while dramatic & untested were more limited in scope & untainted by personal vendetta. Besides, they affected a much smaller state.

There's a small chance that the US comes through this stronger and a much higher likelihood of much worse outcomes; lower state capacity & uneven regulations. And an even more polarised society.

Anyone studying/analysing Public Policy, Governance/Constitutions or International Relations is in for a treat! In an year's time I would love doing GCPP one more time with 2024-25 world events serving as the backdrop for a revised curriculum. Seriously :)

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Otter's avatar

Given the tax cuts that the Republicans hope to enact, it is quite unlikely that any federal budget cuts will be paid for adequately. The current budget resolution passed by the Senate Republicans *increases* the fiscal deficit by $2.8t [1]. I don't see this as responsible governance in any sense, and I don't think Musk is being sincere at all about reducing the fiscal deficit.

[1] https://www.nytimes.com/2025/02/21/us/politics/senate-republicans-budget.html

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