Monday, August 5, 2019

Socialism: Venezuela

Alex Vasquez
Not Enough
In a country where salaries can pay as little as $4 a month, dollars are increasingly crucial. The average amount that a family receives in remittances has almost doubled to $110 per month in the past year, and total flows may reach $3 billion this year, according to Datanalisis.
But that won’t get very far. The monthly price for a basket of goods needed to support a family of five was some $200 in June, according to the Caracas research group Cenda.
“When I have to buy medicine, I have to text my sons and all my relatives abroad, because I simply can’t afford it,” Rojas said while painting a wooden cup holder that she’ll try to sell to friends and neighbors for extra cash. “It’s embarrassing.”
To contact the reporter on this story: Alex Vasquez in Caracas Office at
To contact the editors responsible for this story: Daniel Cancel at, Patricia Laya, Kara Wetzel
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