Venezuela takes a nosedive
The economic crisis in Venezuela has reached fever pitch as alarmed Venezuelans lined up to buy water and fuel on Sunday. The country has entered the fifth day of a nationwide blackout that has left scarce food rotting in shops, homes lacking water and cell phones without reception. Health care is imperiled as patients are dying in hospitals after back-up generators stopped functioning. Desperate Venezuelans, struggling to find food, are looting supermarkets during the blackouts, which have paralyzed the country.
Government authorities suspended school and business activities today providing no information on a possible time frame for resolving the dire situation, leaving the nation’s residents worried that the shutdowns could extend indefinitely.
Chaos reigns. The country’s massive power outage comes as President Nicolas Maduro faces an unprecedented political crisis and a hyperinflationary economic collapse. Opposition leader Juan Guaido invoked the constitution in January to assume the presidency after declaring Maduro’s 2018 re-election a fraud.
Venezuela is out of options. Prices are estimated to be rising at a rate of 3% every day, making the annual inflation rate more than 40,000%. An International Monetary Fund official warns the rate could reach 1,000,000% by the end of the year — one of the most disastrous episodes of hyperinflation in history.
Three-quarters of Venezuelans have lost an average of 24 pounds. Doctors report children dying of malnutrition. Malaria cases have spiked due to a collapse in treatment. Mass departures from the country have surged.
Possessing the world’s largest oil reserves is of no consequence as Venezuela suffers from a catastrophic economic downturn and alarming societal ills brought on by the failures of Socialism.
Yet the United States now has Socialists in congress. Millennials shamefully lacking in historical knowledge are increasingly supportive of both Socialism and Communism.
This Democratic Socialists of America (DSA) post lists what the group considers its 2018 election successes:
“A renewed working-class movement across this country gives us hope. Earlier this year, teachers in West Virginia went on a historic statewide strike, winning massive concessions and inspiring similar militant action in communities from Arizona and Oklahoma to Kentucky and Washington State. In every respect, 2018 marks the return of the strike and what looks to be the beginning of a new era of militant working-class resistance to corporate control of our society.”
It’s a blatant acknowledgement of leftist teachers unions involvement in crippling strikes that abandoned more than 840,000 Arizona students for over a week…..the same students they have systematically dumbed down. The correlation is undeniable.
Arizona has three DSA chapters. This is the post from the Phoenix-based group along with an invitation to “Join the Revolution.”
These under-educated nitwits would fit in perfectly: