Tuesday, July 28, 2009

Brain Drain Sabotages Venezuela's Future

When they first elected him in 1998, Venezuelans hoped that Hugo Chávez would be a healer. Instead what they got was a tyrant who seizes private companies and farms, crushes labor unions, and harasses political opponents. And now after a decade of the so-called Bolivarian revolution, tens of thousands of disillusioned Venezuelan professionals have had enough. Artists, lawyers, physicians, managers, and engineers are leaving the country in droves. An estimated 1 million Venezuelans have moved away since Chávez took power, and a study by the Latin American Economic System, an intergovernmental research institute, reports that the outflow of highly skilled labor from Venezuela to Organization for Economic Cooperation and Development countries rose 216 percent between 1990 and 2007.

The exodus is sabotaging the country’s future.....

Read more here of the Newsweek article "Venezuela’s Brain Drain"



At 7/28/2009 12:56 PM, Blogger Paul said...

The exodus of the industrious actually helps Chavez because it leaves him with the dependents he can bribe for support, or threaten if need be.

At 7/28/2009 1:21 PM, Blogger QT said...

Another Chavez activity is supporting FARC terrorists in Colombia:

Sweden asks Venezuela to explain FARC weapons find.

At 7/28/2009 4:02 PM, Anonymous EscapedWestOfTheBigMuddy said...

So unnecessary. So predictable.

The thing to remember here is: the Berlin Wall wasn't put up to keep the West Germans out. Nor does Cuba deal with boat people migrating from Florida in search of better health care.

At 7/28/2009 7:40 PM, Anonymous Ἐγκώμιον Shill said...

The people trying to get out and get their families out are scared sseltihs. Soon as they escape they move several times and change their name each time. It is a frightening era in that dismal swamp.

At 7/29/2009 12:12 AM, Anonymous Anonymous said...

Could this happen in the USA if

a) we socialize the healthcare system,

b) continuously raise taxes on the "highly skilled" and highly successful (a.k.a "the rich")

c) use cap and trade carbon credits as a means for government to control industry and drive energy prices up.

d) Continue massive deficit spending and printing of money such that we suffer another stagflation and devaluation of the dollar.



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