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Zorro

(15,740 posts)
Mon May 18, 2015, 09:19 AM May 2015

Frustration with Latin America's left on the rise

Venezuela's socialist government is struggling to put food on the shelves amid runaway inflation. Brazil's president is facing calls for impeachment. And even Cuba's communist government, an iconic touchstone for generations of leftists, is embracing closer ties with the U.S.

Whether it's because of corruption scandals or stagnant growth, the popularity of the crop of leftist Latin American governments that have been running the region since the start of the millennium appears to be waning. Voters that embraced what became known as the pink tide that swept away the pro-Washington, free-market policies dominant in the 1990s are increasingly tuning hostile against the populist firebrands they once rallied behind.

Across the region, polling numbers are tanking and street protests are on the rise.

Triggering the growing disenchantment are some serious economic headwinds. Most leaders came into power just as China's economy was soaring and with it demand for South America's abundant natural resources. Now that the world's second-largest economy is cooling, the commodities boom that allowed governments to spread the wealth and endear themselves to the poor is ending.

http://news.yahoo.com/frustration-latin-americas-left-rise-040342780.html

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