Things Are about to Get Even Worse in Venezuela

Venezuelans queue for food In its finite wisdom, the Maduro regime in Caracas–which has turned just about everything that it has touched to a disaster–has now decided to tackle the issue of food distribution:

Venezuelan President Nicolas Maduro has promised to nationalize food distribution in the South American nation beset with record shortages of basic goods, runaway inflation and an escalating economic crisis.

During a rally Friday, on International Workers’ Day, the socialist leader allowed a union activist to ask for the nationalization of food and essential-item distribution.

Citing new decree-making powers recently granted by the National Assembly, Maduro said he would carry out such a measure “in the coming days and weeks.”

Maduro had pledged earlier in the week to announce economic reforms.

Various estimates suggest the government already controls about half of the country’s food distribution, but that hasn’t stopped record shortages in shops and markets.

So, I suppose that this will end miserably–as have all of the government’s other endeavors. Incidentally–and I have written this before–don’t expect to hear anything from those who celebrated¬†chavismo back¬†when it entailed insulting George W. Bush at the United Nations.

(Photo Credit.)

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