"It was in 1998 — a mere 23 years ago — that Hugo Chavez first got elected President of Venezuela.
...In the early years, things seemed to be going swimmingly, at least if you believed the official statistics put out by Chavez’s government...Today, eight years later, it continues to fall apart.
...Yesterday, the Biden White House put out what they call the “American Jobs Plan.”
It’s $2.3 trillion of new government spending, on top of the $1.9 trillion just passed, and several trillion more to come, all on top of a $4 trillion or so annual level of baseline federal spending.
Yes, it’s blowout government spending, on the usual issues pushed by advocacy groups, which supposedly will shortly achieve all the usual promises of the left: economic growth, increased economic fairness, and social justice.
In other words, it’s the Venezuela economic program, blown up to U.S. scale and then tweaked a little here and there to buy off the squeaky wheels of the moment. Read all...while you still can!











