Hugo Chavez died recently. He took a country rich with oil money and turned it onto a socialist paradise, complete with high inflation, shortages of food and electricity (to name just a few items), and soaring crime rates. Only in Venezuela.

Except perhaps, not only there. It just seems like President Obama, in trying to (as he said) “spread the wealth around”, he’s doing a lot of what Chavez was doing. As a result, we’ve had one of the most anemic recoveries in history. Soaking the rich to give to the poor only lasts as long as the rich stick around; it’s not a long-term solution. A job is the best social program, but that’s not been working out so well here. Instead, crippling debt from government borrowing and spending have led us to a place that is looking more and more like Chavez’s socialist “paradise”. Listen in for more details.

The Obama administration said the sequester cuts would hurt, and by golly, they’ll make sure they do. If a department tries to ease the pain, well, they’ll just have to set them straight. Just ask Charlie Brown. (Really.)

Mentioned links:

 Heart attack killed a suffering Hugo Chavez, head of Venezuela’s presidential guard says

Loved Or Loathed, Hugo Chavez Was The Ultimate Showman

Chavez death blamed on U.S.

Email tells feds to make sequester as painful as promised

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Related posts:

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2. Episode 32: The Sequester, Facebook Profits and Taxes, and Donna Brazile’s Shocked That Her Insurance Premiums Went Up
   
3. Episode 20: When Government Reneges, Passing on Our Debt, and Caring For “The Least of These”
   
4. Episode 30: NY Times Wakes From Its Slumber, Keeping (and Not Keeping) Secrets in the Media, and Name That Quote