US Vows to ‘Reinforce’ Sanctions, Accuses Venezuela and Cuba of Stirring Regional ‘Strife’Elliott Abrams reiterated support for Guaido and denied that sanctions are damaging the Venezuelan economy. | WHAT REALLY HAPPENED

US Vows to ‘Reinforce’ Sanctions, Accuses Venezuela and Cuba of Stirring Regional ‘Strife’Elliott Abrams reiterated support for Guaido and denied that sanctions are damaging the Venezuelan economy.

Guaido proclaimed himself head of state in January and has gone on to lead several unsuccessful efforts to topple Maduro, including a failed military putsch in April.

Trump immediately backed Guaido’s “interim presidency,” handing the Venezuela file to Abrams, a veteran cold warrior infamous for his role in the Iran/Contra scandal, the Reagan administration’s Central America policy, and the Iraq War.

Asked about the efficacy of US sanctions, Abrams assured reporters that the measures are cutting off vital funds for the Venezuelan government. However, he acknowledged that he “would like to see, obviously, the sanctions work better,” adding that “there are plans to reinforce the effort.” He did not offer further details.

What’s the Deal with Sanctions in Venezuela, and Why’s It So Hard for Media to Understand?
“The gravy train days that they had 10 years ago are over,” he announced, referring to the period when Venezuela had the highest minimum wage in Latin America and among the lowest levels of inequality.

Abrams went on to deny that US sanctions are negatively impacting Venezuela’s economy, citing a paper authored by former Guaido Inter-American Development Bank envoy Ricardo Hausmann claiming, “the bulk of the deterioration of living standards occurred long before sanctions were enacted in 2017.” Hausmann was a key architect of neoliberal policies in Venezuela in the 1980s and 1990s and has been a longtime government opponent.

Webmaster's Commentary: 

OK, our bovine excrement detector just re-kitted, on Abram's last statement here.

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