Too much dinero for social programs and graft, not enough to upgrade oil production:
http://www.usatoday.com/story/money/2014/11/02/venezuela/18243787/
The degree to which "redistribution" turns out to be naked plunder isn't usually quite this visible quite this soon. The difficulty isn't that the poor don't have medicine and electricity, the difficulty is that the thieves have stolen the country's ability to make it for them. The stores are empty because the storerooms are empty because the factories are idle because the wherewithal to run them ended up in some party member's pockets. The smart ones are already operating an exit strategy.
Another great example that socialsm works.
At destroying every country it touches.
America, under HILLARY and LIBERALS...
Coming to the US.