> The failure of the Bush Economy has been described in several
> financial reports and is happening CURRENTLY.The projected failure is
> also based on this current negative economic status and the present
> ongoing war in Iraq, and possibly elsewhere soon if one is to believe
> the rhetoric from the United States.

Oh I think our economy is in trouble. Currently it's cruising, but the 
spending will catch up, and our market is going to do a major re-correct. 
But the beauty of it is....the market WILL recorrect. And sustainable growth 
will begin once again.

When Venezuela's economy needs a re-correct...guess what? Artificial forces 
step in and try to regulate it. The market becomes unbalanced......kaboom.

Yes, i have undying faith in a free market. Perhaps that's my economic 
naivety shining through.

> So this is an incorrect comparison with an economy which is
> experiencing unprecedented sustained growth for the last three years
> due entirely to Chavez's fiscal policies made within the context of
> the current world market.

I'll take your word for that. Oil is a wonderful thing to have, aint it?

> The reasoning , if one can call it that, is that a Socialist system of
> government can never prosper just because. That's the reasoning, and
> that's invalid.Especially since Venezuela is NOT a Socialist state,
> and this is simply another part of the propaganda leveled by America
> against the country. Independent world bodies do not recognise
> Venezuela as a Socialist state at all, the only country that claims
> venezuela is Socialist is the United States.

I know i'm an economic idiot, but i've never heard that argument before. In 
fact, the argument i've heard goes something like: Socialist controlled 
economies can never prosper because growth is artificially stunted by 
non-market forces. When a free market is not allowed to regulate itself 
naturally, unbalance is inevitable....resulting in stunting, regression, or 
even collapse.

> France, Germany,Canada are just some governments that do not ascribe
> to American style government, social systems and economies and have
> done quite well for decades. Where they have run into problems is when
> they have been subject to mass and/or illegal immigration which have
> strained their internal social services.

France and Germany have particularly high levels of unemployment. I'm not 
versed enough in French or German governmental systems to say if they are at 
fault, or in fact to what degree they are more socialist than the US 
government. But i do know that while France, Germany, and Canada have done 
quite well for decades.......none have done quite as well as the US. 
So...their systems may work, they just don't work quite as well as ours. If 
it did, they'd be super powers too, right? 



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