Why would Musk do this? It seems notable that one of Musk’s heroes is the current president of Argentina, Javier Milei, who has been credited with taking a “chainsaw” to the nation’s government. Milei, an avowed “free market,” “anti-woke” libertarian, took office in December of 2023, and has instituted what he calls an “austerity” budget, characterized by economic “shock treatment.” This strategy has involved making deep cuts to government spending on social welfare programs, devaluing the peso, and cutting thousands of government jobs, all in the hope of some vague libertarian glowup in the near to far future.

  • Flying Squid@lemmy.worldOP
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    23 days ago

    Oh he still wants to reduce the national debt. In specific, he wants to reduce the debt he has to several nations.