Friday, March 8, 2013

The Economic Performance of Hugo Chavez

One of the persistent themes in the left's Chavez Rhapsody is how much he did to economically to benefit the people of Venezuela. The hard facts are that the people of Chile, Columbia, and Peru benefited a great deal more from having leaders who emphasized market-oriented growth policies over "Socialism or Death". All, by the way, without the tremendous oil resources that are available to Venezuela.


Real GDP Growth in Latin America


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