Argentina: Lower House Approves Milei's Reform Bill

Argentina: Lower House Approves Milei's Reform Bill
Image copyright: Tomas Cuesta/Stringer/Getty Images News via Getty Images

The Spin

Pro-establishment narrative

If this legislation — crafted to destroy the state in total disregard for its best interest — ever ends up being approved in Congress, Argentina can only expect a disastrous outcome. Now, more than ever, popular mobilization is needed to exert pressure on the government and its allies in the legislature.

Establishment-critical narrative

Though he has had to scale back his ambitious reforms, this was Milei's first victory in an uphill battle to deregulate one of the world's most regulated economies and reverse decades of government failure. If Argentina has long been experiencing multiple crises, unreasonable restrictions on exercising constitutional rights are to blame.

Metaculus Prediction


Establishment split

CRITICAL

PRO

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