In Latin America, trying to sell his American imperialist snake-oil to a group of nations whose leaders, and especially whose people, were skeptical to hostile, Bush argued for the American model, instead of the neo-socialist approach being taken and advocated by the wildly popular Hugo Chavez in Venezuela.
Now at the moment, it would be hard to find any failures in Venezuela, where Chavez has been using his country 's windfall revenues from oil to fund schools, to help displaced and unemployed workers take over shuttered factories and run them as co-ops, and to bring in doctors from Cuba to bring health care to the country 's poor.
Chavez, incidentally, has survived a most likely U.S.-orchestrated coup, and has been elected twice by wide margins, in elections that were monitored by international observers (including former U.S. President Jimmy Carter) and declared to have been fair.
As for the U.S., it would seem to me much closer to what Bush was describing.
His comment was no doubt met with laughter and derision in Argentina, Brazil and other Latin American countries.
Sadly, it was simply reported without comment in this nation 's excuse for a news media.
Source: Dave Lindorf's This Can't Be Happening! website http://www.thiscantbehappening.net