Friday, September 10, 2010

Castro: Socialism Doesn't Work

Fidel Castro has admitted that the Cuban model of socialism doesn't work!


Even after the fall of the Soviet Union, Cuba has clung to its communist system.
But the president has also made it clear he has no desire to depart from Cuba's socialist system or embrace capitalism.
So, even though communism has failed everywhere in the world (except China, which is continuously changing from a socialist state into a fascist state), they still believe it can work? Evidence be damned, says the idealogue!
The state controls well over 90 percent of the economy, paying workers salaries of about $20 a month in return for free health care and education, and nearly free transportation and housing. At least a portion of every citizen's food needs are sold to them through ration books at heavily subsidized prices.
So... State-controlled economy (GM? Student loans? Goldman Sachs?); workers are paid $20 a month (high taxes?); free healthcare (Obamacare?), education (USDE?), transportation (Billions of dollars in recent infrastructure spending?), and housing (HUD?). Hmm...
President Raul Castro and others have instituted a series of limited economic reforms...
Like their convertible peso scheme, which shows the extreme dangers of allowing a government to own a fiat currency.

If ever one needs modern-day proof of the evils of socialism, I have a suggestion: go to Florida, find a few Cuban ex-pats, and ask them their opinion of socialism. Most of them are Republicans for a reason.

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