• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Elon Musk Plans to Implement 'Chainsaw Model' in the U.S.

user avatar

by Giorgi Kostiuk

a year ago


Elon Musk is exploring the implementation of Javier Milei's 'Chainsaw' economic reform model in the United States, which aims at significant downsizing of government structure and cut in spending.

Key Features of Javier Milei’s Model

The 'Chainsaw' model focuses on eliminating non-productive government structures, with various offices closed in Argentina, including the Tax Revenue Service. Over 33,000 government jobs have been cut, highlighting the reduction in public sector employment and focusing on essential social services.

Elon Musk’s Engagement with Milei

Elon Musk is in talks with Argentina’s Deregulation Minister Federico Sturzenegger to explore ways of applying Milei’s principles in the U.S. This cooperation might influence state transformation policies in Trump’s potential second term. Javier Milei expresses confidence in Musk’s ability to implement these changes in the U.S.

Consequences for the U.S. Administrative System

Applying the 'Chainsaw' model in the U.S. might lead to significant federal spending cuts. However, there could be political backlash over concerns related to job losses and social service reductions, especially in healthcare. Proponents believe it will promote economic growth by improving the business environment, though critics warn of increased social inequalities.

Elon Musk's interest in Javier Milei’s model highlights the pivotal role of discussions on optimizing government operations in the U.S. The libertarian approach may shift political trends both domestically and globally.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Producer Price Index Surpasses Expectations

chest

Recent Producer Price Index (PPI) figures have surpassed expectations, showing a 3% increase compared to the anticipated 2.8%. This rise indicates potential challenges for future Consumer Price Index (CPI) adjustments.

user avatarAyman Ben Youssef

Crypto Advocacy Groups Support White House Talks

chest

Crypto advocacy groups express optimism about the upcoming White House meeting aimed at resolving industry disputes.

user avatarKofi Adjeman

US Government Gains Control of Helix Mixer Assets

chest

The US Department of Justice has seized over $400 million in assets linked to the darknet mixing service Helix.

user avatarTando Nkube

Bybit Launches Mantle Super Portal for Seamless Cross-Chain Transactions

chest

Bybit has partnered with Mantle to launch the Mantle Super Portal, facilitating seamless cross-chain transactions for MNT tokens between Ethereum and Solana.

user avatarNguyen Van Long

Bybit Rebounds to Second-Largest Exchange by Volume After Record Hack

chest

Bybit ranked as the second-largest crypto exchange globally in 2025, recovering from a historic hack where 15 billion was stolen, and capturing 81% of the global market share.

user avatarSatoshi Nakamura

Pi Network Token Hits All-Time Low Amid Market Correction

chest

The Pi Network's native token, PI, has fallen to a new all-time low, reflecting a significant decline in the cryptocurrency market.

user avatarJesper Sørensen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.