Monday, September 20, 2010

Castro declares disaster has originated from the Cuban Revolution

The Cuban Revolution is not helping the world. The international economic system is doing worse with it. With Cuba on the verge of economic and social disaster, its government announced that more than half one million state workers can be cast adrift to fend for themselves by March 2011. The “Cuban model” was said by Fidel Castro a 7 days before the announcement to not be working anymore to Jeffery Goldberg, Atlantic press reporter. Cuba’s issues go a lot deeper than just government employees as the very last communist system within the world. This is why many think just letting go these people won’t help at all. Post resource – Fidel Castro admits the Cuban Revolution is a dismal failure by Personal Money Store.

Cuban communist party just lets workers off the leash

The Cuban government has made a plan it intends to keep. In this plan, more than half a million public sector workers can be out of a job. The hope is that more private businesses will pick up the workers in order to help the economy grow better. As outlined by the New York Times, after many hurtful hurricanes in 2008 and with the worldwide financial crisis, Cuba just does not know how to deal with the aftermath. Tourism is pretty much dead right about now. Not only that, but sugar crops within the country have also broken down while rice shortages seem plentiful also. In a statement Monday, Cuban Workers’ Central admitted the nation’s economy was within the toilet and that radical changes must be implemented right away.

Good Luck with the problem

Many of the people fired within the Cuban layoffs will be those considered unproductive, overpaid and undisciplined workers. The Associated Press reports this with an internal Cuban Communist Party document. Workers at Cuba’s ministries of sugar, public health, tourism and agriculture will be the first to go. Fired workers will be encouraged by Cuban Workers’ Central to form private cooperatives. The government will also try to foist others onto foreign-run companies and joint ventures. Cubans were given a list of three things within the document that can be their weaknesses when it comes to being on their own. These three things are a lack of initiative, little experience and low skill levels.

Cuba has got to be kidding

Some of the experts of Cuba have the fear that private sectors won’t be able to bring fired government workers under their wings. The Wall Street Journal talked to director of the Institute for Cuban Studies at University of Miami, Jaime Suchlicki, who said that there can be nowhere else for fired workers to go. ”They won’t be absorbed by the private sector because there is no private sector to absorb them,” he said. He thinks this is true. Other experts say Cubans who want to start a business face high taxes, lack of credit and foreign exchange, bans on advertising and burdensome government regulations. To help, the government made a list of “authorized” activities for self employment, including toy repairman, music teacher, piƱata salesman and carpenter.

More on this topic

New York Times

nytimes.com/2010/09/14/world/americas/14cuba.html?_r=1 and hp

Associated Press

google.com/hostednews/ap/article/ALeqM5ipe0no99xWr_oUrAP-q6PnKLj8XgD9I7O0BO0

Wall Street Journal

online.wsj.com/article/SB10001424052748704190704575489932181245938.html?mod=WSJ_hpp_LEFTTopStories



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