Disapproval of Boric’s administration grows in Chile, pessimism increases

Chile has not yet recovered its employment levels before the coronavirus outbreak in the world, and citizens are becoming impatient.

In this context, a study by the market research company Cadem highlights an intense dissatisfaction with President Gabriel Boric’s administration and a high level of pessimism regarding the medium term.

On the other hand, the report of the market consulting firm affirms that the great majority of the population believes that a new constitutional text is necessary. Still, there is no consensus regarding the content it should have.

DISAPPROVAL OF THE PRESIDENT’S ADMINISTRATION

The latest Cadem Public Square Survey showed that in the fourth and last week of October, 26% of the population approved and 68% disapproved of President Boric’s administration.

Regarding October in general, and no longer by weeks, the President’s approval levels dropped nine points (37% to 28%), and his disapproval levels rose from 57% to 65% during the month.

It was the worst monthly performance since he has been at the helm of the Executive.

PESSIMISM

The Cadem report held that 52% of respondents feel pessimistic about the country’s future, which is the highest level for this indicator since January 2015, when the measurement of this series began.

“71% of those surveyed by Cadem believe that (the country) is on the wrong track and 92% that the economy is stagnating or going backward; both results are the most negative since the beginning of President Boric’s government,” summarizes the consulting firm’s document.

And it adds that, likewise, 38% evaluate their personal or family economic situation negatively, the worst result since April 2020, when the pandemic began.

CONSTITUTIONAL CHANGE

Another of the conclusions drawn from the study is that 71% of respondents think Chile needs a new Constitution, but there is no consensus on the type of change required.

Likewise, 46% believe that the current text should be reformed, 44% that a new Constitution should be drafted, and 9% believe that nothing should be done.

Regarding forming a new convention, 53% support a mixed convention comprised of equal parts of elected convention members and experts appointed by Congress, versus 43% who favor a 100% elected convention.

With information from Bloomberg