Libertarian President Faces Hurdles to Radical Reforms
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New Argentine president Javier Milei is a libertarian who wants minimal government role in society and the economy.
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He plans painful austerity measures to fix the economy like cutting subsidies and government jobs.
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Milei wants to dollarize the economy and shut down the central bank to defeat hyperinflation.
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His party lacks a parliamentary majority, so implementing radical reforms will be very difficult.
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Beyond economics, Milei opposes abortion rights and plans to crack down on protests.