Venezuela system killing Christmas

Well this is jolly. According to the Associated Press, “Venezuela is stepping up efforts to combat shortages and rising prices so families can have a Merry Christmas complete with 12-cent sacks of sugar and 50-cent chickens.” Seriously, how have 50-cent chickens not made it into any Christmas songs yet? But shortages in Venezuela are a serious business — and the government is to blame. It’s price controls and central planning, not the Ebenezer Scrooge of free market capitalism, that’s to blame. But the Venezuelan government won’t admit this. More…