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September 13, 2010

Captialism Alert: Cuba to cut one million public sector jobs to spur private sector growth

Topics: Political News and commentaries

It seems that Barack Obama and the Democrats could take a lesson from Cuba's Fidel Castro who recently stated that he's given up on communism, finally realizing that it doesn't work, and has apparently now given the nod for Cuba to let more than 1,000,000 state employees go by next March and try to move most to non-state jobs in the biggest shift to the private sector since the 1960s:

The Cuban labour federation said more than a million workers would lose their jobs - half of them by March next year.

Those laid off will be encouraged to become self-employed or join new private enterprises, on which some of the current restrictions will be eased.

It is biggest shift to the private sector since the revolution in 1959.

Cuba's communist government currently controls almost all aspects of the country's economy and employs about 85% of the workforce.

Let's see here; it seems that we have an interesting contrast. Communist Cuba, who's "been there and done that" says communism and the nanny state doesn't work, so it's moving toward free-enterprise - while on the other hand, Barack Obama and the Democraats are aggressively expanding government and pushing us ever-closer to nanny state control over the economy and our lives.

Seems like there's a message here, somewhere.

Suggested reading: Welcome to the Obama nanny state. Please behave accordingly

Posted by Richard at September 13, 2010 3:42 PM



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