• 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

Polymarket Partners with NHL's Rangers for Exclusive Odds Display

chest

Polymarket has signed a deal with the NHL's Rangers to display odds at Madison Square Garden, enhancing its visibility during games.

user avatarDavid Robinson

New Legislation Aims to Regulate Prediction Markets and Explore Blockchain for Elections

chest

New legislation aims to regulate prediction markets and explore blockchain technology for election integrity.

user avatarMaria Gutierrez

FET Trading in Consolidation, Awaiting Breakout

chest

FET is currently in a tight consolidation range, with traders anticipating a potential breakout.

user avatarAndrew Smith

Render and Virtual Protocol Show Technical Strength

chest

Render (RNDR) and Virtual Protocol (VIRTUAL) are showing strong technical structures, indicating potential bullish reversals.

user avatarZainab Kamara

Chainlink and Bittensor Show Strong Trading Activity

chest

Chainlink (LINK) and Bittensor (TAO) are among the top AI-linked assets, demonstrating high trading volumes and potential for bullish moves.

user avatarJacob Williams

Crypto Hardware Wallets Remain Trusted for Digital Asset Security in 2026

chest

In 2026, various hardware wallets are highlighted for their security features and usability, catering to different types of investors.

user avatarSon Min-ho

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.