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Election Of Socialist Is Bad
Omen For Free-Market Chile

Investor´s Business Daily, by Editorial

Original Article

Posted By:PageTurner, 12/17/2013 1:47:04 PM

Leftism: Chile has long been a global model of free-market economics. But on Sunday, it elected socialist Michelle Bachelet, who ran on a platform of tax hikes and "free" education. What drives a country to reject success? Bachelet took an astonishing 62% of the vote against her more conservative rival, Evelyn Matthei, who drew just 38%. It wasn´t entirely surprising: Bachelet projected a cheery, confident, maternal demeanor and made few gaffes, quite unlike the less polished Matthei. She also had a good record: As president from 2006 to 2010, she left office with a phenomenal 84% popularity rating — in part, because she

Comments:
Chile risks going downhill- towards Bolivia and Argentina-level governance Or Obama style decline.

      


Post Reply  

Reply 1 - Posted by: altoona, 12/17/2013 1:55:31 PM     (No. 9657518)

I had Chile on a short list of places I would visit, but not now. This is bad.

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Reply 2 - Posted by: kanphil, 12/17/2013 2:31:48 PM     (No. 9657556)

#1, go anyway. I guarantee you won´t regret it. The people are wonderfully friendly to Americans and the country is beautiful. Don´t stop at Santiago, head on down to Puerto Montt.

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Reply 3 - Posted by: civilservant, 12/17/2013 2:47:44 PM     (No. 9657574)

While I won´t speak for #2, #2 NO. Do not go.
Elections have consequences. If one of them is that CHile loses out on #1´s vacation dollars, let´s multiply that by 100 million travelers.

IMHO, we need to stop removing the people from their choices. Sure, they may be nice, but they made their choice.

They should choke on it.

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Reply 4 - Posted by: Clinger, 12/17/2013 2:54:00 PM     (No. 9657581)

Didn´t work out to hot here (US) either.

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Reply 5 - Posted by: 4Justice, 12/17/2013 3:12:48 PM     (No. 9657615)

They didn´t get their instant gratification so they voted for a Socialist who promised to give them immediate rewards. Same story as here. Things didn´t turn around right away, even though people were doing much better as a whole, but that wasn´t enough fast enough. Boo hoo... Now they can enjoy the ride backwards. They thought one dictator was bad, wait until they see the next one!

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Reply 6 - Posted by: crimea river, 12/17/2013 3:21:36 PM     (No. 9657625)

The Chilean voter was given a choice between free stuff and freedom. They chose free stuff - and will pay dearly for it. Bachelet will go after their private pensions because that´s where the money is.

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Reply 7 - Posted by: L1A1SLR, 12/17/2013 7:43:32 PM     (No. 9657891)

Well, they solved the problem once before....

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