UK Guardian partially corrects Venezuela op-ed by Ricardo Hausmann

[Judi Lynn]

UK Guardian partially corrects Venezuela op-ed by Ricardo Hausmann
By Joe Emersberger at Apr 22, 2013

Two months after numerous errors were pointed out to them by readers, the UK Guardian has made the following correction to an op-ed about Venezuela written by Ricardo Hausmann. The Guardian explained

This article was amended on 22 April 2013. The original incorrectly stated that Venezuela had the lowest average GDP per capita growth rate and highest inflation of any Latin American country except Haiti. According to the world development indicators of the World Bank it ranks 18 in a list of 28 countries in the region for GDP per capita growth between 1999 and 2011 and had the highest inflation rate of 32 countries in the region over the same period.

The IMF website makes Hausmann’s claim about per capita GDP very easy to debunk. However, the Guardian insisted on getting up to date figures from the World Bank as well before it would make a correction.

Hausmann’s claims about the Chavez government’s record on Inflation and GDP per capita growth are very deceptive even after corrections are made. The GDP growth numbers from 1999-2012 include the years when the opposition deliberately tanked the economy in an effort to depose Chavez. In 2002, they actually did manage to depose him for 2 days and later that year were able to shut down the state oil company for months. However, by about mid-2003, the government had vanquished its most undemocratic enemies and had finally taken control over the state oil company. Venezuela then had several years of very strong economic growth, poverty reduction and reduced inequality.

Both inflation and GDP growth are also vastly improved in the Chavez era compared to the years before Chavez took office.

More:
http://www.zcommunications.org/uk-guardian-partially-corrects-venezuela-op-ed-by-ricardo-hausmann-by-joe-emersberger

[bemildred]

1. What is really interesting is we are getting the same treatement here in the USA.

(I mean tanking the economy for political ends, that IS the Republican strategy, such as it is, along with the varuous other distractions the MSM serves up.)

[Judi Lynn]

2. It's hypocritical, devious, and offensive to the public, and that doesn't slow them down

at all.

The public has been indulging them all this time, too. What a shame.