Monday, February 16, 2009

utter calamity 

Just kidding!

Amidst all the gloom and doom in das homeland, it is worth noting that following Bolivia's vote to change its constitution, Chavez has also just won a referendum to eliminate his term limits.


In case you're curious as to what this might entail for the future of Venezuelan society...nay! the world! CEPR has a new report cataloguing all of Chavez's poverty-reducing, literacy enhancing atrocities of the last ten years.

For example, did you know that most of Venezuela's 94% economic growth over the last five years has been in the non-oil sector of the economy? Or that the private sector has grown faster than the public sector? Shock horror! Who will stop this descent into madness?

Below is a fancy flowchart designed by Eric Wingerter to help NYT writers figure out what they think about all of these cwazy goings on.


Good analysis of the referendum.


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