The shortage that wasn’t. Or is it?

July 20, 2005

Sometimes you have to wonder about these guys in the Chavez Government. look at today’s headline: “Minister denies meat shortage”
Given that my wife could not find meat last week at the store and the
market where I shop had no meat Saturday and Sunday, I delve deeper
into the article: Says the Minister “This perception has been created
because some supermarkets have refused to acquire meat for fear of
being closed, because they do not abide by the regulated price of the
product”. The Minister also explained that there is plenty of meat at
Government supermarkets.

So, there is no shortage, but because the price is controlled, the meat
is not available at some supermarkets, because it is illegal to sell it
above the regulated price. Isn’t that what a shortage is, the
unavailability of products for whatever reason?

Moreover, the Minister boasts that there is plenty of meat in
Government supermarkets. Of course there is. It is imported with
officials dollars, it pays no customs duty, it is sold at non-profit
markets, where all the transportation and labor is provided, free of
charge, by the military. No wonder there is meat at those markets at
regulated prices!

Oh! I forgot, there is no charge for the value added tax at Government
supermarkets either. This is against the law, but hey! This is a
revolution, they do whatever they want, wherever they want and whenever
they want. There is no shoratge of that!

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