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Thus we are in the middle of a social, economic and, thus, political crisis of major proportions. The regime assuredly thinks about what to do to counter an opposition that has been setting up the agenda for quite a while now. After a massive brain storm they come up with a minimum wage increase of 40% . I think, I cannot even be bothered to check whether it is 40 or X: it makes no difference.
So chavismo is recurring to the LONE policy it knows: throw good money after bad. Even if now it needs to print it.
OK, I could still deal with that. But what I cannot wrap my mind around is that the regime calls it a major success to raise wages artificially for the fourth time in one year. Never mind that the wage increase may be no more than a fourth of inflation, tanking any purchasing power at any pay scale…
Of course, I have heard today employees happy about the increase. Note, I heard more of them bitch that it is not enough and will solve nothing. But the point is that after two years of massive inflation and food shortages you can still find people that cannot see economical connections between the way the economy is run and their wallet problems.
While we are at it, they probably do not see connections between expropriation of private business and shortages. Which explains why the outlaw of Diosdado Cabello threatened to take over any idle business tomorrow. That works right into the chavista mind set that inflation and shortages are nothing but a conspiracy. Which also explains why tonight we had state security in front of POLAR’s Lorenzo Mendoza office, and home, waiting for him. Probably they finally decided to torture him so he reveals where 2 years of food for 30 million of Venezuelans is hidden. Maybe in his basement.
We are a country of idiots, them for believing such crap and me for not going postal.
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