From that commie rag Business Week: "Under Chavez, poverty fell to 31.6 percent at the end of 2011 from about 50 percent when he first took office. Extreme poverty declined to 8.5 percent from about 20 percent over the same period. Venezuela has the lowest level of inequality in Latin America and the Caribbean, according to the United Nations." http://www.businessweek.com/news/2012-10-07/chavez-declared-winner-over-capriles-in-venezuelan-election

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