But while U.S. corporate moguls didn't like President Chavez, he was very good for the people of Venezuela. His policies reduced poverty, made education more available to more people, reduced child malnutrition, increased GDP, and generally helped more Venezuelans to participate in the economic success of their country. The following charts show just how good President Hugo Chavez was for the people of Venezuela:
The charts represent, from top to bottom -- GDP growth, inflation, unemployment, poverty, child malnutrition, growth of number getting pensions, growth in pre-primary and primary and secondary education, and growth in number of college graduates. I can understand why corporate America did not like President Chavez (although I disagree with them), but it cannot be denied that he was good for the nation of Venezuela and its people.
