Trump Recognizes Venezuela’s Opposition Leader as Interim President

President Trump officially recognized Juan Guaido, President of Venezuela’s National Assembly, as the Interim President of Venezuela on Wednesday. Trump expressed his rejection of current President Nicolas Maduro citing his ‘illegitimate’ rise to power.

“The people of Venezuela have courageously spoken out against Maduro and his regime and demanded freedom and the rule of law,” Trump wrote.

Venezuela has reached its breaking point as the economy and political unrest has created a dangerous and precarious situation for the people.

Vice President Pence Offers Address

U.S. Vice President Mike Pence Tuesday addressed these concerns. In a video Tuesday, Pence pledged the administration’s support for the opposition leader Juan Guaido’s.

Pence encouraged the Venezuelan people to fight for democracy in the face of a regime that imprisons opposing voices.

“All the good people of Venezuela make your voices heard tomorrow, on behalf of the American people, we say: nstamos con ustedes,” he said on Twitter.

On the Ground in Socialist Venezuela

Venezuelan’s flooded the streets Wednesday in protest of their current government.

The protests have been mainly anti-Maduro and reflect the Venezuelan anger at the current dictatorship. The unrest and fear is perpetuated by the corruption that permeates the government.

Maduro’s socialist economic strategies, as was seen under former Venezuelan President Hugo Chavez and Cuba’s system under Fidel Castro is to blame, analysts and opposition leaders say. Those economies, which socialized industrial manufacturing and the state owned oil-based industry made the economy unsustainable and stopped growth.

Millions of people have fled the destructive policies Venezuela, which has been isolated  from the world market. Maduro, who succeeded Chavez, has not been able to change the  increasingly dire situation and his policies have made it worse.

Moreover, the Venezuelan people are fighting for scarce resources.

For example, hyperinflation has driven up the prices of diapers leading to a countrywide shortage. Diapers have now become a scarce commodity sold on the black market. The people wait hours for food and days for running water. With millions of people dying from starvation and health problems resulting from the lack of medical care and lack of sanitation. Despite the shortages, there is surplus of dead bodies. Funeral costs are 132 times the average minimum wage per month, according to a Fox News report. The report also explained that there is a shortage of hearses and space in morgues.