May 162016
 

Even though there’s no chance that Bernie Sanders will be President this time, it bothers me sometimes that a man with such retrogressive Socialist ideas can gain such popularity with so many in the electorate. We’ve had an entire century now to see just how badly collectivist economic policies fail, and still… here’s Bernie.

Venezuela continues to exemplify the sort of disasters Bernienomics would provide.

After Beer Shortage, Venezuela President Threatens to Jail Factory Owners

In short: Venezuelan beer brewers have been shutting down. The last one in the country quit because they have been unable to buy the needed raw materials. The response of President Maduro, successor to Hugo Chavez and idol to Sanders, has been to threaten to jail the factory owners who cannot keep their doors open.

Socialism: magical thinking.

PS: Here’s some comedy from 2013:

Hugo Chavez’s economic miracle

The Venezuelan leader was often marginalized as a radical. But his brand of socialism achieved real economic gains

That there deserves a Walter Duranty Journalism Award.

 Posted by at 8:30 pm