Venezuela is out of food, out of medicine, and running out of gas
POSTED AT 9:21 PM ON MARCH 24, 2017 BY JOHN SEXTON
Ed wrote last week about the shortage of bread in Venezuela which led the country’s Vice President to announce spot checks on bakeries designed to ensure they weren’t doing anything illegal with their flour. If that sounds like a bad joke it is, but it’s also true. Bakers in Venezuela were even arrested for making brownies instead of price controlled loaves of bread.
It’s not just food that the country is running out of these days. The Associated Press reports President Maduro is now turning to the United Nations for help with medical supplies:
But even more embarrassing for the socialist state is the fact that the country with the largest proven oil reserves in the world is now running out of gasoline. From Bloomberg:
Venezuela’s government tried to enslave farmers, and they stopped producing. Who’d athunk it?
Venezuela’s government tried to enslave producers of consumer goods, and they stopped producing. Who’d athunk it?
Venezuela’s government tried to enslave distributors of food and consumer goods, and their warehouses became bare. Who’d athunk it?
Venezuela’s government tried to enslave doctors and pharmaceuticals distributors, and healthcare and pharmaceuticals became scare to the vanishing point (except for government higher-ups, of course). Who’d athunk it?
Venezuela’s government tried to enslave oil producers, refiners, and distributors, and oil products became scarce and Venezuela’s oil export business tanked. Who’d athunk it?
The USSR, Maoist China, Cuba, Kim-ist NoKo, Ethiopia of the 1980s, and Zimbabwe have demonstrated,time after time after time after … what happens when government takes over entire segments of an economy and enslave its creators and producers. That it would happen, again, in Venezuela should surprise, precisely, no one (no one honest and not willfully blind, at least!).