Monica Showalter at American Thinker reports:
It's no surprise to anyone that socialist
Venezuela is an utterly miserable place - there's pictures showing
that the capital of Caracas looks like a trash heap, there's the fact
that hungry people eat from garbage trucks and drink sewer water, and
there's the horrible reality that people are leaving the country may see
a full half of its population flee for any country that will take them.
But there are a lot of
crappy places out there and maybe it's just bad press focusing on a few things,
right?
Wrong. The sheer
awfulness of socialism in Venezuela has been quantified, in hard numbers,
by Johns Hopkins University Professor of Economics, Steve
Hanke, whose global list, with hard data such as unemployment,
inflation, interest rates, minus the percentage change in GDP per
capita, quantifies the factors every year.
Full article, with chart, is here.
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