• 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

Efficiency Emerges as Key Differentiator in AI Industry

chest

As the AI boom matures, efficiency is becoming a crucial competitive battleground, prompting companies to balance innovation with disciplined resource use.

user avatarTomas Novak

Investors Exercise Caution in AI Investments

chest

Investors are becoming cautious about AI investments, drawing parallels to past technology cycles.

user avatarKaterina Papadopoulou

Top Altcoins Show Mixed Performance Against Bitcoin

chest

Several altcoins have outperformed Bitcoin despite the overall market being dominated by Bitcoin.

user avatarMaya Lundqvist

APEMARS Offers Unique 23-Stage Mission Structure

chest

APEMARS features a unique presale mission divided into 23 stages, each symbolizing a segment of a Mars journey.

user avatarAisha Farooq

APEMARS APRZ Stage 1 Presale Launching Soon

chest

APEMARS is set to launch its Stage 1 presale, with whitelist registration currently open. Investors can secure early access to the presale, which is expected to provide significant financial returns.

user avatarLi Weicheng

Effective Strategies for Bad Credit Borrowers to Secure Loans

chest

Borrowers with bad credit can improve their chances of securing loans by employing specific strategies, including optimizing credit utilization and showcasing income stability.

user avatarBayarjavkhlan Ganbaatar

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.