Upon viewing the latest images in the news of protestors being confronted by the French police, we can’t help but imagine the riots which took place in Venezuela about 30 years ago. Much like France, Venezuela used to be a very rich nation. In 1989’s February, Caracas witnessed riots over attempted reductions in government spending. This marked the first intense sign showing how the nations couldn’t live up to the government programs it had guaranteed, anymore.
Now, following 2 decades of continuously increasing govt. spending, Venezuela’s GDP per capita has fallen to nearly the same levels as 1989. It is presently undergoing nationwide shortages in medications and food.
Citizens who used to be middle classed are now forced to search the trash with hopes to find something to eat or feed their children with. Families of both countries have encountered many challenges just to get food, such as waiting in line for numerous hours or not eating 3 meals every day, etc.
Meanwhile, everyone lives in fear of the regime. It is known how the “Colectivo” gangs enforce terror throughout the neighborhood so as to keep the people at bay. These thugs, which are backed and funded by the government, have zero regards for human dignity. They use starvation as an asset to keep the people of Venezuela from speaking up.
Social scientists are unable to decide on the exact reason for the present situation. Is it the present President Nicolás Maduro, the ex-President Hugo Chávez, the declining oil prices, or America’s embargo? It will come to France’s knowledge that even though all of these factors contribute to the downfall of Venezuela, not one of them is the real reason. The primary issue is how the government spending was considerably more than its ability, or the ability of the private sector, to be able to support the pledged social schemes.