Former head of the Buenos Aires government Horacio Rodríguez Larreta stated that Javier Milei's economic policy is insufficient in the face of the destruction of the job market and the lack of a comprehensive development plan.
The former head of the Buenos Aires government Horacio Rodríguez Larreta attacked Javier Milei's economic policy, considering that fiscal order is not enough to stop the destruction of the job market. In statements to Splendid AM 990, the opposition leader warned about the social deterioration affecting Argentina and called for a development programme that prioritises the creation of quality jobs.
An insufficient adjustment for employment
Rodríguez Larreta emphasised that macroeconomic stability should be the foundation, but not the ultimate goal. “The ultimate aim of a government must be to create jobs, to generate quality work with good salaries, jobs that create added value; all of that is lacking,” he stated. The former president considered that the current recessionary cycle coexists with a contraction in overall hiring levels, while layoffs are increasing in large terminals and retail businesses.
For the leader, financial solidity “must function as the foundation for a structure in which the country increases its exports with complex manufactured goods.” However, he criticised the government for having “no vision, no development plan.” In his opinion, fiscal balance is necessary but insufficient: “Stability must be the foundation for a development plan in which Argentina grows.”
The role of the State in the labour crisis
In light of the wave of layoffs, Rodríguez Larreta defended the intervention of public agencies to mitigate the impact on families. “You need to have a State that supports this process by retraining people,” he argued. He also rejected the idea that labour transitions can be resolved automatically through the free market and questioned the celebration of factory closures.
The former head of government distinguished himself from Milei's management by advocating for broad dialogue and institutional consensus, as opposed to systematic disqualification and confrontation with dissenting sectors. Additionally, he expressed his concerns regarding the so-called “Super RIGI,” a regime of corporate incentives that, in his view, grants excessive concessions to technology firms.
Risks of uncontrolled artificial intelligence
Rodríguez Larreta also warned about the dangers of artificial intelligence for employment and informational sovereignty. “It poses severe risks to employment structures and informational sovereignty that require a present control framework from the State,” he maintained. He opposed the removal of civil and commercial liabilities for companies operating in Argentina and defended a regulatory framework that protects workers.
The leader concluded his remarks by reaffirming his commitment to a management model based on dialogue and consensus-building, in contrast to the confrontation policies that, according to him, characterise the current government. For readers interested in the evolution of the Argentine job market, Larreta's statements bring to the forefront the debate on whether fiscal adjustment is sufficient or if a comprehensive development plan that generates quality employment is needed.
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