December a bad month for the Latin American left

Two weeks ago, the people of Argentina made a peaceful turn to the right.  Yesterday, Venezuela made a sharp turn away from “Chavizmo”.

The turnout was huge, according to news reports. The final results put the opposition somewhere between 99 and 110 in the 167-seat legislature.

Socialism has not been good for Latin America.  It has created bloated governments, corrupt public sector unions and high taxes.  The net result is an underachieving economy.

Like Cuba, socialism in Venezuela was also anti-democratic.   It put the opposition in jail, closed media and intimidated voters.

Congratulations to our friends in Venezuela.   They put a fatal dagger in “Chavizmo”.

P.S. You can listen to my show (Canto Talk) and follow me on Twitter.

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