Frank Jack Daniels

Leave it to Reuters in this April 29 article, to express surprise that Hugo Chavez' planned economy, complete with “land reform,” price controls and forced production, is failing. Even worse, reporter Frank Jack Daniels relied on a Marxist outlook and socialist jargon to pretend that those tired policies weren't to blam.

Chavez wants to increase domestic food production; so, of course, the logical solution is to base the recovery on Marxist economics. After watching the failed totalitarian agronomics of Cuba and Russia, you'd think they could have invested a few bucks in a SimCity game so they could practice a little first.

Unbelievably, Reuters said Chavez “sheltered consumers from rising world food costs with subsidies and price controls,” and then in spite of all of that awesome planning, something surprisingly went wrong (all bolded portions mine):