what do they think will happen to quality of life?

1. worst violence in South America
2. most corruption year in and year out especially police,
3. worst economic growth
4. worst judicial system
5. stupidest president
6. low equality for women
7. worst business climate
8. highest inflation
9. worst shortages in hemisphere

google.com

If you do research the topic or item you will see that in general Venezuela ranks 1,2or 3 from the bottom in these areas. Note this is strictly for South America and excludes countries in Central America and the Caribbean.

I said 1, 2 or 3 from the bottom, because there are different surveys and different vintages. But what is evident is that it is getting worse in the economic area, much worse, and there are slight improvements in crime and corruption over the last 4 months.

The current mess is the result of mismanagement and a really dysfunctional government. My observation is that Chavez was deceived by his oil minister Rafael Ramirez, and believed oil production would increase with Ramirez at the helm. Ramirez was put under enormous pressure by Chavez to cover a lot of areas in which he neither had competence nor the time to really manage them. Pdval the grocery chain is an example

Thus what I saw was the yearly publication of grandiose plans, really dumb ideas and half baked projects which eventually ran out of funds, personnel, or legal basis. There was also a really curious disregard of rules meant to stop corruption. For example they developed a very quaint system, a throwback to the old USSR imperial days, to make "country to country" deals. Because these agreements were not bid they were a crap shoot, sometimes the deal was flipped to incompetent companies (Belorussians building apartments in Caracas were a total disaster), or the project chain was broken (road projects given to the Portuguese).

The eventual outcome, and I'm not even going into the crime or the way they attacked private industry and choked the economy with a really insane set of price controls) is a demolished economy which fails to float because oil production isn't even half of what Ramirez told Chavez it was going to be. And with a poor economy and high inflation, an insane price control bureaucracy, high crime rate and a lot of corruption, a woman with moxie isn't about to open a hairdressing salon or even a small shop. What is she going to do when the goods she needs aren't available, she can get robbed anytime, and there's an agency which tries to stop inflation using arbitrary price controls?