Its not working here either.
But its hard, for me at least, not to see this as an ongoing attempt by this government to subvert the economy.
Another initiative in process is the 6% additional Pensions proposal, whose cost will be borne by the employer, in effect an employment tax. This is hardly mentioned in the ongoing discussions, just like the 25% gratificacion legal that all minimum wage earners receive but keep quiet about.
This will also increase unemployment as small businesses will be unable to afford it, while big businesses will just hike their prices to compensate - more inflation.
The opposition have limited themselves to quibbling over the way this extra pension money will be divided up, being all too aware of Chilean universal approval for this “free money” measure. A more responsible set of pols would have pointed out that the country can’t afford it.
Punishing regular businesses by making it more expensive for them to operate, while soft-pedalling on illegal street sellers is part of a larger destabilization plan.