Friday, September 17, 2010

Fidel Castro states disaster has originated from the Cuban Revolution

The worldwide economic crisis wasn’t helped at all with the Cuban Revolt. March 2011, more than half one million state workers in Cuba will be let go by the government; along with the economic and social disaster Cuba is already in. Cuba’s seismic economic shift comes about a week after Fidel Castro told Atlantic reporter Jeffery Goldberg the “Cuban model” does not work anymore. Cuba’s troubles go a lot deeper than just government employees as the very last communist system within the world. This is why many think just laying off these people will not help at all. Source for this article – Fidel Castro admits the Cuban Revolution is a dismal failure by Personal Money Store.

Workers left along by Cuban communist party

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 government hopes the economy will grow with this change. In theory, private companies should pick up the workers the government is losing. Cuba isn’t prepared with its government to deal with the changes brought on by the worldwide financial crisis, affirms the NY Times. It is also recovering from the 2008 hurricanes that came via still. Citizens have rice shortages when sugar crops failed and there is no more tourism. Monday, Cuban Workers’ Central made a statement. This statement agreed that these changes need to happen as easily as possible since the economy in the country is really bad right now.

Slackers are the reason for change

The Associated Press got an internal Cuban Communist Party document that said overpaid, unproductive and undisciplined workers will mostly be the ones targeted in Cuban layoffs. Any workers at Cuba’s ministries of sugar, public health, tourism and agriculture are in danger of losing jobs. Those are the first to go. Fired workers can be encouraged by Cuban Workers’ Central to form private cooperatives. The government will also try to foist others onto foreign-run businesses and joint ventures. Little experience, low skill levels and a lack of initiative could be the three things Cubans can have the hardest time with while working on their own.

Cuba has got to be kidding

Some of the experts of Cuba have the fear that private sectors will not 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 could 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. It would be for Cubans to actually start a business also thinking about the government regulations, bans on marketing, high taxes, lack of credit and lack of foreign exchange. To help, the government made a list of “authorized” activities for self employment, including toy repairman, music teacher, piñata salesman and carpenter.

Additional reading

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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