One down, one to go...

Sunday night only gave us one progressive victory; Michelle Bachelet will now become Chile’s first female president ever. Congrats! Her Finnish friend in the Socialist/Social Democratic family, Tarja Halonen, will have to fight a second round (just like Bachelet did) which she will win without any problems.

I think that Bachelet’s victory will be very important for the Americas. As the left tide is continuing throughout the continent it is important to remember that a sound, economic policy for sustainable growth is needed when we to the left of center are demanding redistribution and reforms. Here, I think Bachelet can continue in her predecessor Ricardo Lagos’ footsteps.