Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Castro's Retraction
IBD Editorials ^ | September 13, 2010 | Investors Business Daily staff

Posted on 09/13/2010 5:52:05 PM PDT by Kaslin

Socialism: Dictator Fidel Castro's frantic bid to walk back his statement about the failure of communism in Cuba was laughable, given the state of his worker's para dise. What will show it best now are the big layoffs ahead.

In a remark that stunned everyone, Cuba's aging despot last week admitted to a writer from the Atlantic that "The Cuban model doesn't even work for Cuba anymore."

Such words would be unimaginable from an authentic leader, such as Lee Kuan Yew of Singapore or Alvaro Uribe of Colombia, who really did transform their countries for the better.

But for Castro, the truth slipped out. Never one to stand by his word, Castro now claims he was quoted out of context, and it was capitalism that didn't work. That's about par for a leader who's ruined his country. Dictators, after all, can say anything they like.

In concrete terms, the failure of "the Cuban model" is getting pretty obvious. On Monday, the Cuban government announced it would lay off 500,000 government workers by March, an implicit admission that it was deadweight all along.

Out of Cuba's work force of 5.1 million, 83% work directly for the state. That means 12% of Cuban workers will be out of a job in two years. Unlike in the U.S., they'll get no unemployment benefits.

It sounds like a necessary bow to fiscal reality in a state that produces nothing of value. But the incredible thing is, the cutbacks will barely begin to address the government's issues.

Sixty percent of the Cuban work force is completely unproductive, according to a U.S. State Department report.

So a 12% layoff of the work force would leave about half of the state's remaining work force still standing around on work sites with nothing to do but collect paychecks.

(Excerpt) Read more at investors.com ...


TOPICS: Cuba; Culture/Society; Editorial
KEYWORDS:

1 posted on 09/13/2010 5:52:05 PM PDT by Kaslin
[ Post Reply | Private Reply | View Replies]

To: Kaslin
It appears that Old Fuzzy Face realizes he is terminally ill and is trying to redeem his soul before he goes.

This is not unlike Teddy Kennedy's frantic pleas to the Pope a couple of years ago.

2 posted on 09/13/2010 5:57:32 PM PDT by Zakeet (Like the wise Wee Wee said, "We can't be broke ... we still have checks in the checkbook.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

The “Soviets” clearly threatened to cut off his allowance (at the least), if he didn’t clear up this “misunderstanding”.


3 posted on 09/13/2010 6:00:30 PM PDT by G Larry (I'd rather see the voters write off Obama!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

Fidel was for the Cuban model before he was against it.


4 posted on 09/13/2010 6:02:03 PM PDT by bigbob
[ Post Reply | Private Reply | To 1 | View Replies]

To: Zakeet

nothing redeemable there


5 posted on 09/13/2010 6:02:41 PM PDT by GeronL (http://libertyfic.proboards.com <--- My Fiction/ Science Fiction Board)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Kaslin

Oh well, the Left still has Michael Moore and an assortment of decrepit college professors. They will never admit defeat. They also have 95% of the Obama administration.


6 posted on 09/13/2010 6:05:07 PM PDT by truthguy (Good intentions are not enough.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

His was against Communism before he was for before he was against it, before he was for it.


7 posted on 09/13/2010 6:06:39 PM PDT by AU72
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin
Barry's new Czar of Community Economics?


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

8 posted on 09/13/2010 6:33:47 PM PDT by The Comedian
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

How does one ‘’work’’ in a system that pretends to ‘’pay’’?


9 posted on 09/13/2010 7:27:21 PM PDT by jmacusa (Two wrongs don't make a right. But they can make it interesting.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

The same day John Kerry issued his retraction on the Bush tax cuts.

Coincidence? I think not.


10 posted on 09/13/2010 11:12:33 PM PDT by VeniVidiVici (It's easy being a communist when you're rich.)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson