95% of Cubans work for State – Not for much longer
Former Cuban leader, Fidel Castro, stated last week that the Cuban economic model no longer works. His words were bolstered Monday when Cuban authorities announced the biggest economic shift in decades: Half a million state workers will be laid off by next year and more private enterprise will be tolerated.
According to the Associated Press, some 5.1 million people work for the Cuban state, or 95 percent of all workers, which means that 10 percent of the workforce could soon be unemployed.
The government also announced that more Cubans will be allowed to create their own employment opportunities, form employee-run cooperatives, and lease more state land and businesses. Those Cubans who are not made redundant in state jobs will also face a new salary system that rewards productivity.
But the details of how this massive change in the economy will be carried out is still unclear, and it will require not just logistical support but the acceptance of new values. “There needs to be a mentality shift in the government,” says Mr. Henken, “so that independent economic activities are not seen as somehow illegitimate or used as whipping boys for ideological condemnation even now that they will be legal.”
Cubans celebrate losing their jobs by smoking a couple of fatties
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Cigars and classic American cars!!! I’m in!!!!
I think if it is worked out right, Cuba could become a big economic power. A lot of it depends on some of those ultra-rabid ex-Cuban property owners down in south Florida.
They hate Fidel with a passion!
Luckily that generation of Cubans are going to the great tobacco field in the sky, and their offspring don’t really care one way or the other.
Those are my kind of women. From what I understand they are using the Soviet Union method of transitioning to capitalism. It will be interesting how this plays out with regard to our embargo against doing business with Cuba, because a lot of American businesses will be really pissed if they are not allowed to go get a piece of Cuban pie.