Politicians don’t want to take on the Public Sector Unions or a bureacracy that fights any effort to increase accounability. So we have a system of Government that doesn’t set goals, won’t measure performance or assign responsibility. A system that history has shown is guaranteed to waste money. 

A forgotten lesson in the annals of bad economic policy is that the poor always pay the highest price. Our latest example comes from Venezualan Nicholas Maduro, who now claims he’s going to implent a recovery program to help the poor, which has risen to 75% of the population thanks to the very policies of Hugo Chavez and Nicolas Maduro previously brought in!