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Lee-Lee

(6,324 posts)

3. Mismanagement of government is to blame, and that can happen under any economic system

Reply to CurtEastPoint (Reply #2)

Tue May 31, 2016, 11:36 AM

May 2016

"Socialism" is not one set way of doing things, and just because someone implements socialism doesn't mean they will manage it and run the country correctly.

This is mismanaged socialism done wrong, that is all.

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$150 for a dozen eggs? The price of inflation and shortages in Venezuela [View all] brooklynite May 2016 OP

Inflation doesn't come from drops in oil prices... TampaAnimusVortex May 2016 #1

I keep seeing all these RW posts about 'socialism' being the cause of all this turmoil. CurtEastPoint May 2016 #2

Mismanagement of government is to blame, and that can happen under any economic system Lee-Lee May 2016 #3

No. It was pure mismanagement. nt hack89 May 2016 #4

Probably aided by ReThug bankers.... harrose May 2016 #6

No. Home grown corruption was more than enough. Nt hack89 May 2016 #7

I'm sure that there was plenty of that too... harrose May 2016 #9

Any details you would like to share? Nt hack89 May 2016 #10

Nope. Just drawing from experience. harrose May 2016 #11

No. It is sheer incompetence. Adrahil May 2016 #8

Their budget was built on $100/bbl oil. roamer65 May 2016 #5