Venezuela’s Election Handouts Are Shrinking
The Chinese appliances and
Iranian-assembled cars belong to the past. The free apartments are fewer and
farther between. Even in the charity food boxes, canned tuna has given way to
beans. The great Venezuelan handout machine is grinding to a halt just when President
Nicolas Maduro needs it most. Ahead of the May 20 election, the system that
enticed needy voters for almost two decades is breaking down as the government
fails to stem a decline in oil production that is exacerbating the worst
economic crisis in the country’s history. More…
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