From a recent presentation by the Democratic Coordinator, some numbers that show why Venezuelans are not too happy with the Hugo Chavez Government:
-Oil income in US$ in Chavez’s four years is 41% higher than in the previous four. Oil contribution to fiscal spending was also 39% higher.
-Public Debt as a percentage of GDP is up 28% from 1998, while spending is up by 46% in the last four years, compared to the previous four.
-Despite all of this, GDP per inhabitant in US$ is down 17% since Hugo Chavez took office.
-Capital flight is up 950% over the last four years when compared to the previous four.
-The minimum salary in US$ is down 23% since Chavez took office despite the increase in oil income and spending. Meanwhile, unemployment is up 80% during the same period. Moreover, new workers have been unevenly incorporated into the work force.
-Finally, homicides have doubled in the last four years.
