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Venezuela the Socialist Dream Crumbles
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<blockquote data-quote="How bad boy" data-source="post: 4938823" data-attributes="member: 3028"><p>The amount of absolute poverty in the USA is way, way below that of Venezuela. On extreme poverty figures alone, Venezuela has 8.5% of the population living on the edge of survival. The equivalent figure in the USA is 1.5%.</p><p></p><p>This is despite having the fifth largest oil reserves in the world (although PDVSA has managed to reduce production in the past 8 years, and it is very, very heavily dependent on exports to the USA).</p><p></p><p>Non-oil exports are down 37% in the past year, down to a paltry 3.7% of exports. Oil made up the remaining 96.3% of exports. </p><p></p><p>That's a staggering destruction of everything that isn't related to oil.</p><p></p><p>7% of the Venezuelan population don't have access to clean water, 9% don't have access to proper sanitation. 70% of municipalities are deemed by the UN to have insufficent water and sanitation. Only a third of all wastewater is treated.</p><p></p><p>The equivalent stats for the USA are: less than 1% don't have access to proper sanitation (set to a far higher standard than Venezuela is judged). Less than 11% of public water is considered to be below the standards mandated by federal standards. Untreated wastewater is extremely rare in municipal systems and is usually only found in storm sewer based systems.</p><p></p><p>To compare the level and rates of poverty in the two countries is laughable.</p></blockquote><p></p>
[QUOTE="How bad boy, post: 4938823, member: 3028"] The amount of absolute poverty in the USA is way, way below that of Venezuela. On extreme poverty figures alone, Venezuela has 8.5% of the population living on the edge of survival. The equivalent figure in the USA is 1.5%. This is despite having the fifth largest oil reserves in the world (although PDVSA has managed to reduce production in the past 8 years, and it is very, very heavily dependent on exports to the USA). Non-oil exports are down 37% in the past year, down to a paltry 3.7% of exports. Oil made up the remaining 96.3% of exports. That's a staggering destruction of everything that isn't related to oil. 7% of the Venezuelan population don't have access to clean water, 9% don't have access to proper sanitation. 70% of municipalities are deemed by the UN to have insufficent water and sanitation. Only a third of all wastewater is treated. The equivalent stats for the USA are: less than 1% don't have access to proper sanitation (set to a far higher standard than Venezuela is judged). Less than 11% of public water is considered to be below the standards mandated by federal standards. Untreated wastewater is extremely rare in municipal systems and is usually only found in storm sewer based systems. To compare the level and rates of poverty in the two countries is laughable. [/QUOTE]
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