Posted on 02/15/2016 3:48:27 PM PST by grundle
Obama just gave approval for Cleber LLC, an Alabama-based company that builds tractors, to open a factory in Cuba. This will be the first new U.S. factory to be built and operated in Cuba in over 50 years.
As a libertarian, I totally agree with Obama on this issue. Bringing global capitalism to Cuba is a wonderful idea.
The average Cuban citizen earns $20 per month.
Usually, when U.S. corporations open up factories in poor countries, in order to attract workers, they usually pay between two and five times what the average worker in that country makes. So if this trend is followed in Cuba, we can expect this factory to offer workers between $40 and $100 per month.
And then, if current trends continue, we can expect U.S. protesters on the radical left, who never complained about Cubans making $20 per month while employed by the Cuban government, to complain that the $40 to $100 per month the Cuban workers get paid by this U.S. corporation is “exploitative,” just as they always make that same complaint whenever U.S. factories in other poor countries pay their workers between two and fives times what the average worker in those countries makes.
My take on this? Unlike those leftist U.S. protesters, I actually trust Cuban citizens, and citizens in all other poor countries as well, to choose the job that they believe if best for them. I would never protest against someone switching to a new job that pays between two and five times as much as their old job.
Anyway, as someone who believes in free trade and global capitalism, I applaud Obama for letting a U.S. corporation open up a factory in Cuba.
Well if the Corporation wants to be stupid, that’s fine with me.
But don’t come asking me to bail them out, when the Cubans Nationalize the factory.
IBTZ
Respectfully, I believe that it is more likely that the employees will still be state employees on loan to the manufacturer, with the lion’s share of the profits going to the state.
I hope I’m wrong
So where are these tractors going to go? Back to the USA? or stay in Cuber?
You what would be really nice?
AN AMERICAN COMPANY OPENING A FACTORY IN AMERICA.
Exporting more jobs
How about building the tractors here and EXPORTING them to Cuba.
The FAIL is strong with this one.
Whelp, that’s how we do it in China, so, you got it.
Why are we doing this now?? Have we ever resolved the issue of the billions of dollars worth of American properties in Cuba siezed by the communists after the revolution? What exactly is the legal status of foreign owned or operated businesses in Cuba?? What if this company loses its shirt? Bailout by obama??
yeah, wt#??? i had a customer service call this morning and couldn’t understand half the things the indian on the other side was saying. and she could only stick to script. so my question, she couldn’t answer.
how has china worked out for us?
how india worked out for us?
global trade and economy is great of everyone is benefiting from it.
this is US Companies sending jobs overseas to make cheap and sell back to us with money we dont have to spend
ML/NJ
As one who spent four years (93-97) in Havana, I strongly support this move. Once the Cubies see how it works, they’ll be solidly in our camp.
Export all of our jobs, then who will they TAX????
Now libertarians are turning stupid, commie supporters?
Cleber builds small tractors suitable for row crop vegetable farming.They look like a copy of an old Allis Chalmers design.
Let’s start a list of possible names for the factory when it is nationalized.
Chez Guevara Peoples Vanguard Farm Implement Factory #1
This is sheer brilliance.
Ready made jobs for Cruz and Rubio after their failed presidential bid.
If it's such a good thing, why would the communist Castro government welcome it?
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