Posted on 05/02/2015 11:16:29 PM PDT by Zakeet
Venezuelan President Nicolas Maduro has promised to nationalize food distribution in the South American nation beset with record shortages of basic goods, runaway inflation and an escalating economic crisis.
[Snip]
Various estimates suggest the government already controls about half of the country's food distribution, but that hasn't stopped record shortages in shops and markets.
Venezuela is struggling with a recession, 68.5-percent annual inflation and severe shortages of the basic goods that it relies on oil money to import.
On any given day, people in Venezuela can wait hours to get some subsidized milk, cooking oil, milk or flour -- if they can be found at all.
(Excerpt) Read more at news.yahoo.com ...
For some mysterious reason, the Idiot's buddies and their progressive economic policies aren't doing very well at the present time!
Jugears, who whistles when wind blows over his head, wants to bring that kind of economic success here.
Socialists always double down. When total power still doesn't address the shortages they'll blame somebody else and demand even more. It becomes a darkly amusing game to guess when, if ever, they will bottom out. Amusing from a distance, not so amusing if your children are starving.
“Various estimates suggest the government already controls about half of the country’s food distribution, but that hasn’t stopped record shortages in shops and markets.”
What a great line. Half ownership hasn’t stopped shortages, but 100% ownership will? The writer seems surprised that government control somehow doesn’t improve the situation. It must be those outside agitators.
The problem is not Socialism, the problem is too many people for the socialist system to provide for.
They had the same problems in the Soviet Union under Lenin and Stalin.
The solution is obvious and it’s the same one employed by Lenin and Stalin, simply reduce the number of people you need to feed..
I really don't understand.
Even worse than Zimbabwe?
Now THAT'S a socialist accomplishment.
You suck so bad at economics that a Marxist dictator runs his country better than you do.
“The beatings will continue until morale improves!”
This will work, I swear.
This time we will get it right.
That will be coming to America as well.
That's going to get King Obama all excited thinking about the possibilities.....
Yeah, that's gonna work out real well.
/s for the sarcasm impaired.
“Various estimates suggest the government already controls about half of the country’s food distribution, but that hasn’t stopped record shortages in shops and markets.”
Gee. Maybe that’s WHY there are food shortages?
Who could have predicted that price controls would lead to shortages?
....”simply reduce the number of people you need to feed”....
or re-distribute them as refugees worldwide.
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