Showing posts with label Hugo Chavez. Show all posts
Showing posts with label Hugo Chavez. Show all posts

Sunday, February 17, 2008

End of Chávez

It seems, like others who try to follow his ideology in a democratic set up, Hugo Chávez's run of popularity is slowly coming to an end. According to The Economist, during the last 5 years of the Chávez presidency, the proportion of households below the poverty line increased by 11 percent, despite the increased "social spending". It's a sad day for Sri Lankan quasi-socialists, who used to sing his praises. Micheal Moynihan has more to say at Reason.