The Keynesian's that run the country will say that will move the US into a recession if not a new depression.
30 sats \ 1 reply \ @kr OP 26 Feb
sure, but that’s probably what the previous administration in argentina said too
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I agree with you. I wish one of the US politicians would really have the guts to do what Milei is doing. I'd vote for that person in a heart beat. I'm not advocating for this, but what we'd need first in the US is some serious hyperinflation, otherwise the average person would not vote someone into office that would take away their "benefits." I'm thinking that we'll sooner see a guaranteed basic income as an election promise from one of the future democrats than a candidate that will promise to cut government programs. That candidate would probably win in a landslide because who wouldn't turn down "free money." It wouldn't be any different than offering bribes as you walk to the poling booth, but in this case would be allowed to be legal.
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