Panorama. Milei’s overwhelming defeat deepens the government’s crisis

It was said. Javier Milei’s government had reached the decisive elections in the province of Buenos Aires at its worst political moment. The ruling party was panic and all the papers had been burned: to state that an electoral triumph would open the doors to structural reforms in the second part of his government, he had lived in emergency operation mode, crossed by a multidimensional political, economic, social and moral legitimacy crisis.

The “technical tie” that the president had predicted in the closing act in Moreno, revealed himself as what was effectively: pure smoke. There was no possible political magic and despite its attempts at senile polarization, the national ruling suffered a historical beating at the polls and lost more than two million votes for those he had obtained in 2023 (LLA + JXC). The meaning is even greater because the elections of the province of Buenos Aires had taken all the political intensity of a national test.

The causes of the forceful defeat of the government are not difficult to find. Just review the news of the last weeks:

• he Karinagate that he bare the corruption of the maximum government dome;
• The prominence of internal and of the Intelligence operations that they have the ruling in a state of paranoia;
• censorship prior to journalism that uses uselessly to combat mass perception that is stolen while adjusting and repressed in the most sensitive areas as disability or retirees;
• a president and one of his main candidates who become meme after having to flee humiliated from an act in Lomas de Zamora; Complaints for overpricing in the Among;
• A long chain of Legislative defeats that call into question the governance scheme;
• last Sunday’s electoral defeat in Corrientes where La Libertad advances It was fourth;
• a management of Economy in a state of permanent improvisation Based on a single objective, which is to maintain the price of the dollar as far as the October elections, when it is already evident for their own and others that The imbalances of Caputo’s “plan” already exploded everywhere.

As of this Monday, an unknown land opens, since the doubts of the great capital -which begins to distrust the ability to La Libertad advances To carry out your promises to continue the adjustment, apply structural reforms and pay the external debt that has very bulky maturities in the coming years- The lack of political volume is dramatically added by the government. Not only did it lose all moral legitimacy to apply the adjustment to demonstrate that it is corrupt, that steals while cutting in sensitive areas such as disability or retirees, but also suffers an electoral defeat of magnitude that totally highlights its political weakness.

In this combo, the legislative defeats that had already been suffering La Libertad advances and the emergence of the Block of Governors (Córdoba, Santa Fe, Corrientes, Jujuy, Chubut, Santa Cruz) anticipated that From different sectors of the ruling classes, Milei is considered as a government in crisis that, either you have to condition and impose a change of course, or you have to design the Posmileismo In the event that a jump in the crisis opens scenarios of loss of governance.

To those unknowns we will have to add from Monday the reaction of the “markets”. It is worth remembering that all Caputo’s plans had already exploded: he had been rescued by the IMF in April; Then he had squandered all dollars without accumulating reservations; He had raised the interest rates dramatically; And, finally, last week he bleached that the treasure sells North American currencies to try not to escape its value (and with it inflation) before the October elections. The rise in “country risk” reaching almost 900 points in recent days are also reflecting the enormous doubts about the viability of the government. All these problems will only feed back immediately with the increased political weakness that arises from this Sunday.

Unusual, Javier Milei spoke at night stating that he recognized defeat and that he would make a “self -criticism.” However, he confirmed below, speaking to financial capital, which he would maintain and redouble the direction of fiscal adjustment. That plan, by an extremely weakened government, possibly pre -ancient greater economic, political and class struggle seizures.

In this context, the road to the national elections of October becomes very long and is not at all exempt from new jumps in the crisis.

This Sunday, it was Peronism who mainly capitalized on the government’s crisis -although it did not grow much in absolute votes with respect to 2021 -, being seen by broad sectors such as the possible route with which to punish La Libertad advances. And within this space the winner was Axel Kicillof over Cristina Kirchner, who had opposed the electoral unfolding. However, this result does not hide in any way the strong debate in which Peronism arrived, after the failure of the front of all and crossed by internal and disputes of power among its different wings. Kicillof will now be outlined more clearly by 2027.

Within this framework, the Left Front and Workers Unit, after a great campaign made by lungs, without free spaces in the media and without the resources of the millionaire devices and the entrepreneurs proved to be a real force at the provincial level, standing out particularly in the third electoral section where Nicolás del Caño headed, leaving third there and obtaining two provincial deputies. The Left Front managed to be a third force in the most numerous and popular sections such as the first and third, as well as in the eighth. He also made a good choice in municipalities such as La Matanza with about 8 %, with outstanding results also in districts such as Merlo, President Perón, Quilmes, Berisso, Lanús, among others.

The Milei government crisis only deepens and is urgently necessary to raise a breakdown to the IMF plans and submission to the great financial and extractivist capital that only deepen the looting and national decline. The Left Front is part of the working people who vote massively against La Libertad advances and it is proposed to put its influence conquered at the service of promoting the mobilization against the plans of Milei, the IMF and the great entrepreneurs. Today, more weakened than ever, they can defeat them. But for that more urgent challenges arise, as part of the strategic commitment of building a strong organic force of the working class and great class currents in the unions that conquer the fighting capacity to overcome them. The need to organize the forces from below, in a democratic, self -organized and coordinated way to impose on trade union, social and student organizations on the path of an active national strike and struggle plan in the perspective of the general strike to defeat them. Also, raise a great campaign from the left front to October. But, in the background, it is about linking each of these battles with the need that before this huge national crisis we have steps in the construction of a great party of the working class strongly rooted in all workplaces, in each neighborhood and place of study, which fights with the necessary force for an exit program to the favorable crisis to the great majorities.