Tens of thousands of Argentinians took to the streets in massive protests against President Javier Milei’s plans to cut workers’ rights and implement austerity measures. The large crowds gathered in Buenos Aires and other cities to voice their opposition to Milei’s promises of deregulation, spending cuts, and devaluation of the peso. Protesters carried placards demanding fair wages and criticized Milei’s economic policies, which they believe will exacerbate the country’s high inflation and poverty levels. The main rally took place outside parliament, where leaders discussed the proposed deregulation and labor rights cuts. The protests were organized by the CGT union, joined by smaller unions and civic groups, all vowing to protect the hard-fought rights of workers.
The anger and frustration among the protesters was palpable, with individuals sharing their grievances against the president’s policies. A pensioner named Valentina expressed her disappointment, stating that Milei had forgotten about the poor and was putting the country “up for sale.” Nahuel, from the social movement Movimiento Evita, emphasized that the working class was bearing the brunt of the proposed laws and suffered the most under Milei’s rule.
The nationwide strike, lasting for 12 hours, caused significant disruptions to public transport, flights, and other services. Aerolineas Argentinas, the national airline, had to cancel nearly 300 flights, affecting over 20,000 passengers. While some government officials downplayed the impact of the strike, Security Minister Patricia Bullrich declared the administration’s determination not to be defeated, accusing labor unions, judges, and politicians of resisting the democratically decided change for the betterment of society.
Opposition parties and unions argue that Milei’s proposed deregulation and spending cuts will disproportionately harm the vulnerable population and further increase poverty levels. However, Milei attributes Argentina’s economic decline to decades of overspending by left-wing populist governments. He believes shock treatment, including his intended reforms, is necessary to rescue the country from its crisis. Nevertheless, his reforms face significant challenges, including numerous lawsuits and public demonstrations.
One of Milei’s initial proposals to increase the job probation period, reduce compensation in case of dismissal, and cut pregnancy leave has already been suspended pending a review by the country’s congress. Furthermore, the government is pushing for the privatization of state enterprises, a move requiring parliamentary approval. However, as Milei’s party is only the third largest in parliament, it faces opposition from larger parties.
Critics of Milei’s economic policies have also questioned his decision to devalue the peso by more than 50 percent in an attempt to boost export competitiveness. Economist Martin Epstein warns that any gains in competitiveness might be offset by inflation. The president has already faced backlash from the film industry, reversing plans to cut public funding after protests from renowned film stars.
The ongoing protests and legal challenges demonstrate the deep societal divide regarding Milei’s economic agenda. The outcome will undoubtedly shape the future of Argentina’s economy and the rights of its workers. As the government continues to face resistance, it remains to be seen whether Milei can implement his desired reforms and alleviate the country’s economic woes.
