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Sunday, September 25, 2011

Could Jack Welch or Warren Buffet be better presidents?

Not unlike Americans, Chileans were disenchanted with the political class 2 years ago. In the last election Mr. Sebastian Pinera, a very successful entrepreneur run and won the highest office with the promise of managing the country as a corporation. Better administration. Less waste, more flexible decision making, more efficiency... what is not to like?

Could a Jack Welch or Warren Buffet be better for the US than a professional politician?

The Chilean experience seems to say no. Chile boasts the highest growth rate post recession in LATAM and very low unemployment.

Mr. Pinera's approval rate... under 30%.

Be careful what you wish for...

See The limits of a superman by John Paul Rathbone for more on the topic

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