Raul Castro addresses the audience during the National Assembly in Havana. © REUTERS/ Enrique De La OsaPanic, Anger As Cuba Plans To Lay Off 1 Of Every 10 Workers -- McClatchy News
MIAMI — Cuba’s draconian plan to lay off 10 percent of its workforce is running into a slew of problems — not the least of which are the growing fights over who will wind up on the street.
Cuban and foreign economists say it’s too much, too fast.
Radical leftists are branding Raúl Castro as a capitalist exploiter of workers and – in an odd alignment with Cuban dissidents – are urging workers to fight the job cuts.
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More News On Cuba's Change In Economic Policies
Castro layoff plan has even the left furious -- Miami Herald
Cuban president says economic changes will help sustain socialism -- CNN
Raul Castro says Cubans must back economic reforms -- BBC
Raul Castro says Cubans must back economic reforms -- BBC
Cuba sees 3.1 pct growth in 2011, end to bank crisis -- Reuters
Cuba to Remove All Payment Holds in 2011 for Foreign Suppliers -- CRIEnglish
Raul Castro touts economic changes -- AP
President Raul Castro Says Future of Cuban Revolution at Stake -- Latin American Herald Tribune
My Comment: Too little .... way too late. These"reforms" reminds me of the reforms that Gorbachev tried to introduce in the late 1980s in the Soviet Union. They were also too little, and way too late. Three years later, the Soviet Union was no more.
While I do not expect revolution to occur in Cuba, I do see a rising business class that will be effective in instituting more realistic economic and political reforms when the Castro brothers are gone. I give it 5 more years.