It is difficult for you. Your brain is hardwired to bleat about socialism even when the subject isn't about socialism, but about capitalist global oil markets.
Venezuela a failure of CAPITALISM.
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It is difficult for you. Your brain is hardwired to bleat about socialism even when the subject isn't about socialism, but about capitalist global oil markets.
By cutting services and plunging the economy into a recession.
It didn't get that far because Texas relied on welfare from the federal government to pad its budget and pay for the services oil revenues traditionally paid for. So the people weren't destitute enough that they were protesting the state cuts to the social programs, because Texas was using federal welfare dollars, a luxury Venezuela doesn't have, YOU FUCKING JACKASS.
No, but I remember Texas taking $500M in federal welfare assistance. Venezuela get how much in federal welfare assistance? Oh right, nothing.
No, because they got $500M in federal welfare spending on programs like SNAP that wasn't available to Venezuela.
It didn't happen in Texas because Texas got a $500M handout from the federal government.
reagansghost
eternal
Maduro is not a socialist
and your hero Trump is a crooked capitalist fuckhead
btw, Socialism and Capitalism are not in opposition, Euro social democracies are all capitalistic
you're confusing GOP Communism with socialism
oh, and fuck off troll
Take a hike, pende*o.
reagansghost
eternal
you bet ya fuckin troll
Callinectes
Proud MAGA Semi-Facist
This is my point dumb ass! Capitalism has contingencies for this crap! Socialist governments with oil and other resources are like crack addicted lottery winners, they cash in the ticket and throw parties until the money runs out. Ever wonder why there are no violent revolutions in America when we have a recession? You know why we have the “luxury” to give a $500M “handout” to Texas? Because of fiscal discipline idiot, and CONSERVATIVE budgeting. You can’t divvy up the treasury among the proletariat just because they made you the supreme dictator, that’s piracy.(it’s also exactly what your “demoronic socialists” are trying to pull for 2020)
Your point is that to soften the blow of lower oil prices, the welfare state must step in to provide for that which revenues from oil cannot.
OK! I am glad you agree with that point.
So the failure in Venezuela isn't because of the welfare state, it's because of lower oil prices from an increase to the global supply.
Yeah, socialism.
Like half a billion dollars of federal welfare spending so that people in the state of Texas can eat.
Which is exactly what happened in Texas in 2016, and the federal government gave Texas half a billion dollars in welfare so that people could eat. Didn't just happen in Texas either; Oklahoma, Kansas, and North Dakota all faced the same problem and all those states got increases to the welfare they get from the feds.
Because of federal welfare.
That $500M is borrowed because we have a federal deficit thanks to your tax cuts.
The $500M handed to Texas in 2016 added to the $500B deficit we had that year, with a Conservative House and Senate.
So Conservative budgeting = massive deficit spending
I'm old enough to remember when you stapled a teabag to your face because you were so upset about the deficit.
1. You can certainly do that, and when Venezuela was doing that, the price per barrel was higher.
2. You're the ones who are on camera saying you're happy that Trump is a dictator.
Callinectes
Proud MAGA Semi-Facist
The reason you are simplistic and put no effort into anything is because you are a simpleton with some serious self-entitlement.
95% of Venezuela's exports are fossil fuels.
I agree that Venezuela shouldn't be reliant on fossil fuels for their primary source of revenue, but they are. Diversifying the economy is kinda what Chavez and Maduro did when they took the oil revenues and used it to expand the social state. That model worked until the price of oil dropped, then it didn't work.
The question is; when the oil market was booming for them, what should Venezuela have done differently? I have not heard a coherent response from anyone on that, including you. Saying "teach them to make money" isn't coherent. Saying "develop other areas of commerce" could be, but Venezuela was on the sugar high of high energy prices -MUCH LIKE TEXAS WAS- but unlike Texas, Venezuela didn't have Uncle Sam to bail them out with welfare. Venezuela would have to go to the World Bank for that, and doing so comes with its own contingencies and obstacles.
Historically in this country, when energy prices drop, federal welfare steps in to fill the void created by a decline in revenues. It's exactly what happened throughout flyover country from 2015-2016.
No, once again, you're fucking wrong because you're a moron. Do you think capitalism exists in Venezuela? If not, then you're a fucking moron.
I must repeat myself because you're not receptive to anything. You have an inherent bias that you preserve and coddle at all costs because admitting your prejudicial preconceptions are wrong would be admitting that your judgment and instincts suck. You're not prepared emotionally to admit that. So what happens is that I keep saying the same thing that you keep refusing to accept, and no progress is made because you have an ego that is really quite fragile.
As has been clearly explained, Venezuela is a capitalist economy, dependent on the market, and therefore out of any sane control. As you know, all that matters to capitalists is money. That's why they had Hitler kill off Jews to avoid socialism. Are you paid, or just stupid?