Venezuela Votes Down Chavez's Attempt To Stay In Power
So the people of Venezuela do not want Chavez to remain in power for an extended period of time. Future developments will be interesting.
Will the new boss be the same as the old boss?
Will the new boss be the same as the old boss?
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While I am glad that the statist Chavista economic vision lost, I certainly hope the Washington establishment doesn't misinterpret this as a sign that Chavez has been significantly weakened. The package was polling at around 58% right before the vote; one has to remember that Chavez got re-elected with 63% in 2006. So, some erosion but not a collapse.
As to what might have happened on election day, it's likely that a lot of Chavistas liked parts of the program but not all of it and voted against it. It was probably a mistake for Chavez to bundle all 69 proposals into a single up or down vote. If he had split them, he might have walked away a big winner.