A three-judge court on Wednesday suspended Argentinian Pres. Javier Milei's labor reforms, announced last month with the intention of reviving the nation's failing economy, stating they must first be discussed and approved by Congress.
Milei's sweeping decree to deregulate the economy included plans to increase the job probation period by five months, reduce minimum severance packages, and allow employers to dismiss protesting workers.
Milei's anti-worker regulations had to come under judicial scrutiny as they were passed without adherence to the legislative process. His big-bang reforms to deregulate the South American country's economy are unconstitutional, regressive, and hostile.
Pres. Milei has inherited a bankrupt country. Only his austerity measures can reduce public spending, control triple-digit inflation, and pull the Argentines out of poverty. If his reforms are halted, it could lead to an epic social collapse with far-reaching repercussions.