Venezuela's 'Brain Drain' Shows the Damage from Gov't Spending

Venezuela's 'Brain Drain' Shows the Damage from Gov't Spending
AP Photo/Natacha Pisarenko

“They weren't making technical decisions, but political ones. From then on, we all tried to leave the company.” Those are the words of a former employee at Venezuela's El Guri hydroelectric complex, in an interview with the Wall Street Journal.

In February of 2016, twelve courageous El Guri technicians told Venezuela's Maduro government that its operation of the electricity plant was set to cause long-term damage. They were ignored. With the Maduro regime having taken over the oversight of the plant they, per the quote that begins this piece, let political decisions govern its oversight. The bill for this obnoxious bit of governmental expropriation recently came due as rolling blackouts hit a country already devastated by collectivism.

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