"Chavez became the bugaboo of American politics because his full-throated advocacy of socialism and redistributionism... delivered some indisputably positive results. Indeed, as shown by some of the most significant indicators, Chavez racked up an economic record that a legacy-obsessed American president could only dream of achieving. Chavez's first decade... saw Venezuelan GDP more than double... both infant mortality and unemployment almost halved... under Chavez's brand of socialism, poverty in Venezuela plummeted... its "extreme poverty" rate fell from 23.4 percent in 1999 to 8.5 percent... left the country with the third lowest poverty rate in Latin America... college enrollment... more than doubled, millions of people have access to health care for the first time... the number of people eligible for public pensions has quadrupled."
Latin America

January 1, 1970

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Original Language: English