The fruits of leftism

What Hugo wrought: a 54% inflation rate. Venezuelan President Nicolás Maduro began to extend price controls over a broad swath of the economy in a bid to control runaway inflation set off by his government’s increased spending, moves economists say risk...

Joe Biden’s free trade epiphany

Maria Anastasia O’Grady on Joe Biden’s sudden conversion to free trade. …If Mr. Biden now sees the connection between prosperity and free trade, I say huzzah. The U.S. is part of negotiations for the Trans-Pacific Partnership, a proposed free-trade...

hugo passes on

Jon Lee Anderson in the New Yorker. Anderson had a long piece in the New Yorker in January, describing a nation in disarray. Consider this about Caracas: Caracas has deteriorated beyond all measure. It has one of the highest homicide rates in the world; last year, in...

gaffe tape

For a purported smart guy, Obama often sticks his foot in his mouth (and his hand over the face of other world leaders in group photos). Twice he pronounced Marine Corps as “corpse,” suggesting his ample staff didn’t catch the blunder the first time...