Part 3/9:
Upon taking office, Argentina was facing dire economic challenges. With a staggering 40% poverty rate and an annual inflation rate exceeding 200%, the situation seemed bleak. Media narratives leaned heavily against Milei, depicting him as a "snake oil salesman" with a lack of experience in government. They assumed that he would fail, just like many of his predecessors.
However, Milei's approach was simplistic yet honest, urging citizens to recognize that the government does not possess inherent funds – it only spends what it collects from taxpayers. In his campaign, he famously used a chainsaw as a metaphor to visualize the significant cuts he envisioned for government expenditures, thus capturing public attention and support.