Wednesday, November 13, 2013

This is what happens in third world countries, part 2

In Venezuela, the government thinks electronics retailers have been charging too much, so:
[Venezuela's] President Nicolas Maduro ... sent soldiers to "occupy" one chain of electronics stores and inspectors into scores of others to check for price-gouging.

Thousands of Venezuelans have been flocking to electronics stores, hoping to take advantage of new "fair prices" the government is imposing, sometimes half the previous cost.
If you read the linked article, you'll find "flocking to electronics stores" translates into English as "looting."

In first world countries, like the United States, we don't have these problems. Here, we force people to buy things they don't want and can't use, then we redistribute that money to people so they can buy flat screen TVs and iPhones. For example, all males under age 65 are forced to buy insurance coverage for children's dental and vision care.

Our way of looting is much better organized. For example, we have seen neither "flocking" to the government health insurance website to be disadvantaged by "unfair prices" nor looting of Best Buy.

(Part 1 of "what happens in third world countries" is here.)

No comments: