This is a summary of the speech:
The speaker is the president of Argentina who is inaugurating a new era of liberalism and freedom in the country. He criticizes the previous government for leaving a legacy of economic, social and institutional crisis. He announces a shock program of fiscal adjustment, monetary reform and market liberalization to overcome the problems of inflation, debt, poverty and stagnation. He also promises to improve security, education, health and infrastructure. He appeals to the values of the Constitution, the generation of '37 and the Maccabees. He asks for the support and cooperation of all sectors of society and expresses his conviction that Argentina will overcome its challenges with resilience and faith.
Here are the key facts extracted from the text:
1. Argentina has a history of decadence and decline that is being put to an end.
2. The country is starting a new era of peace, prosperity, growth, development, freedom, and progress.
3. 200 years ago, a group of Argentine citizens gathered in San Miguel de Tucumán to declare independence from Spain.
4. In 1853, Argentina adopted a liberal constitution to ensure the benefits of freedom for its citizens.
5. The constitution led to a period of economic expansion, and Argentina became a world power by the beginning of the 20th century.
6. The country welcomed millions of immigrants from Europe, who were attracted by the promise of progress.
7. However, the leadership of the country abandoned the liberal model that had made Argentina rich and adopted collectivist policies.
8. For over 100 years, politicians have defended a model that generates poverty, stagnation, and misery.
9. The current government has inherited a fiscal deficit of 17% of GDP, with 15 points corresponding to the consolidated deficit between the Treasury and the Central Bank.
10. The solution to the fiscal deficit requires a fiscal adjustment of 5 points of GDP in the National public sector.
11. The Central Bank's remunerated liabilities are responsible for 10 points of its deficit.
12. The country has a debt of over 100 billion dollars, which will have to be added to the existing debt of nearly 420 billion dollars.
13. The country has not grown since 2011, and formal employment in the private sector remains stagnant at 6 million jobs.
14. The exchange rate is a social and productive nightmare, implying high interest rates, low activity, low formal employment, and miserable salaries.
15. The country has a high level of inflation, which has been exacerbated by the issuance of money by the Central Bank.
16. The inflation rate could reach 15,000 per year if the current trend continues.
17. The country has a high level of poverty and indigence, with 45% of the population living below the poverty line.
18. The country has a high level of crime, with only 3% of crimes resulting in convictions.
19. The country has a broken social fabric, with over 20 million Argentines unable to live a dignified life.
20. The country has a poor education system, with only 16% of children receiving a timely education.
21. The country has a poor healthcare system, with hospitals destroyed and doctors paid low wages.
22. The country has a high level of traffic accidents, with over 15,000 deaths per year.
23. The country has a poor infrastructure, with only 16% of roads paved and only 11% in good condition.
24. The country has a high level of drug trafficking and violence.
25. The country has a new social contract that proposes a different country, where the state does not direct people's lives but ensures their rights.