December 2, 2012

Obama Should Thank Hugo Chavez

Andres Oppenheimer, Miami Herald

AP Photo

Venezuela’s populist fiesta — in which Chávez has won reelection thanks to giving away his country’s oil bonanza in cash subsidies to millions of people, while at the same time destroying the economy and killing the country’s industries — is resulting in a mass exodus of talented professionals. The trend will haunt Venezuela for years to come. But for the United States, Spain, Panama and other countries that are receiving this pool of highly-skilled and often wealthy immigrants, it’s a blessing. President Barack Obama could use the occasion of Boria’s election as the first Venezuelan-born mayor in Florida to send a heartfelt “thank-you” note to Chávez.

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TAGGED: Latin America, Venezuela, Hugo Chavez, United States, Barack Obama

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