The only factory that’s operating is the one that creates poverty: Milei’s chainsaw continues to sink industry

The only factory that’s operating is the one that creates poverty: Milei’s chainsaw continues to sink industry

The article questions the sustainability of the current government’s economic model, highlighting that the low utilization of installed capacity in Argentina’s industry reflects a profound productive imbalance. Evidence suggests that adjustment and deregulation policies are not revitalizing the manufacturing sector; rather, they have exacerbated the decline in production in key sectors such as metalworking and automotive, putting jobs and supply chains at risk. This industrial contraction has systemic implications, as a factory operating below its potential reduces demand for inputs, delays investments, and threatens the stability of suppliers and regional economies that depend on it. The text argues that fiscal surpluses and macroeconomic stability cannot substitute for an effective industrial strategy, leaving small and medium-sized enterprises exposed to closure due to lack of demand and financing, thereby eroding the national productive fabric. This issue is relevant to open data because it demonstrates how transparency and the analysis of public data, such as indicators from the National Institute of Statistics and Census (INDEC), are essential for assessing the real impact of government policies beyond official rhetoric. Open data enable citizens and analysts to verify the accuracy of official claims, exposing the disconnect between declared macroeconomic objectives and the actual state of Argentina’s manufacturing sector, thus facilitating an informed, evidence-based public debate.

Source: agencianova.com
Published on 2026-10-17