This is how the left would destroy America. The left seeks to use the government to take over more aspects of our economy in the name of fairness, equality and class warfare. This creates fully predictable side-effects however as supply and demand are not legislated forces as they believe. Once the government creates these shortages, shocks, and short-circuits of the market they in turn claim that this state of affairs requires them to take more control and so on.
CARACAS, Venezuela — Faced with shortages of foods, building materials and other staples, President Hugo Chávez is intensifying state control of the Venezuelan economy through a new wave of takeovers of private companies and the creation of government-controlled ventures with allies like Cuba and Iran.
The moves come just months after voters rejected a referendum to give the president sweeping constitutional power over the economy and public institutions, leading to new accusations that Mr. Chávez is more interested in consolidating power than in fixing Venezuela’s problems. ~nytimes.com
It’s a slippery slope we have so far avoided but that doesn’t mean that it can’t happen here. In fact Chavez is betting that it will happen here which is why he wants Obama to win.