Two interesting news items this morning, both of them having to do with the socialist disaster area that is Venezuela.
First, their president admits that the economy has failed. Yeah, it took him long enough to admit that. It has been obvious to the casual observer for a while now.
Second, a single US dollar will buy 3.5 million liters of gasoline in Venezuela. I can remember when a single US dollar would buy five gallons of gasoline in the US. But that's been several decades ago.
That is the face of socialism everywhere it is tried. it's a simple lesson, but one that many people never seem to realize. Socialism fails everywhere it is tried.

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