Rich Lowery is on point in discussing Venezuela at NRO. He has a great way of summarizing how bad things are there:
The result is a sharp, years-long recession, runaway inflation, and unsustainable debt. The suffering of ordinary people is staggering, while the thieves and killers who are Chávezista officials have made off with hundreds of billions of dollars. At this rate — The Economist calls the country’s economic decline “the steepest in modern Latin American history” — there will be nothing left to steal.
The situation leaves The Donald with limited options as Rich discusses. Read his whole analysis. What he doesn’t remind us of is the policy of The Donald’s predecessor. To him Chavez was mi amigo. As Patrick Cooper at USA Today had a quote from AP back in 2009:
“President Barack Obama has gone abroad and gored an ox — the deeply held belief that the United States does not make mistakes in dealings with either friends or foes. And in the process, he’s taking a huge gamble both at home and abroad, for a payoff that could be a long time coming, if ever.”
Read all of Patrick’s column to remind yourself how controversial the predecessors actions toward Venezuela were. The Donald’s predecessor always seemed willing to gamble with our future. If we were at the track we would say he wasn’t an astute improver of the breed.
Recently we cited David Horowitz at PowerLine on why the Middle East is a disaster. The Middle East is not the only disaster left for The Donald to work out. We wish him greater insight than his predecessor. The problem is he has less degrees of freedom because of the actions that were taken.