Hugo Chavez, Man For The People? Not Quite
The next time you hear lefties promote communism, tell them this......compared to last year, Venezuela’s score this year has worsened in the Index of Economic Freedom Index for 2006 published by The Heritage Foundation and The Wall Street Journal. It is ranked as one of the 12 “most repressed” economies in the world, with its rating dropping from 4.09 to 4.16.
Chávez’ country ranked 152 out of the 157 country’s analyzed, below Cuba and Haiti. The only countries with a worse rating are Libya, Zimbabwe, Burma, Iran, and North Korea.
The reason why this study is important is because, according to monitoring by The Heritage Foundation, it has been shown that the greater a country’s economic freedom, the greater its economic growth and the greater the improvement in the standard of living of its citizens.
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