Socialism is Bad, Very Bad: Venezuela
Socialism is bad. Very, very bad. If you don’t believe that, then I encourage you to take a vacation to Venezuela sometime. Just be sure to bring your own food because that’s something they’re kind of having a shortage of these days. The country has been struggling to say the least, especially over the last several years. When dictator, Hugo Chavez, took over in 1999, the government began expanding , gobbling up sectors of private industry. And before you knew it, private oil, telecommunications, energy and the cement industries were all under government control. And things are only getting worse. The government appears to be in panic mode and just recently seized a General Motors plant in the country. GM has made statements indicating that it is pulling out of the country entirely, forced out by government overreach. GM’s actions will add nearly 2700 people to the 25% unemployment in Venezuela. GM is only the latest in a series of major companies that have been forced out of bu...