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President Bush's Trip to Latin America Is All About Denial

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BayCityProgressive Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-09-07 12:52 PM
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President Bush's Trip to Latin America Is All About Denial
http://www.venezuelanalysis.com/articles.php?artno=1978

In fact, Latin America's economic growth over the last 25 years has been a disaster - the worst long-term growth failure in more than a hundred years. From 1980-2000 GDP per person grew by only 9 percent, and another 4 percent for 2000-2005. Compare this to 82 percent for just the two decades from 1960-1980, and it is easy to see why candidates promising new economic policies have been elected (and some re-elected) in Argentina, Bolivia, Brazil, Ecuador, Nicaragua, Uruguay, and Venezuela. They also came close to winning in Mexico, Peru, and Costa Rica.

The left governments that have introduced new economic policies have done pretty well: Argentina has grown by a phenomenal 8.6 percent annually for nearly five years, pulling more than 8 million people out of poverty in a country of 36 million. Bolivia has increased government revenue from hydrocarbons by about 6.7 percent of GDP, an amount that would equal $900 billion in the United States, and is using the additional revenue to help its majority poor. Venezuela is also using the government's increased take of oil production to provide health care, education, and subsidized food for the poor. All of these governments have succeeded by implementing policies that Washington opposed.

President Bush will get a good reception from the right-wing governments he is visiting: his close allies in Mexico, Colombia, and Guatemala. Colombia is in the midst of a huge national scandal over the responsibility of government officials for mass murder and assassinations of political opponents. More trade unionists are killed in Colombia each year than in the rest of the world combined. Guatemala is another right-wing ally with a terrible human rights record: two weeks ago, three Central American parlimentarians were murdered by a Guatemalan police death squad. All three governments have been linked to narco-trafficking, but President Bush will likely praise them for their cooperation in the war on drugs.

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