M.HERALD/ Juan Tamayo /
Cuba’s plan to lay off 10 percent of its workforce is scaring the populace as support for it starts to melt away.
Now some Cuban and foreign economists say it’s too much, too fast.
“They got it ‘bass-ackwards’ said Canadian economist Archibald Ritter. "They are laying off first and hoping and praying that the small private sector is going to expand enough to absorb them."
Even the leftist International League of Workers blasts the layoffs as “a classic capitalist plan’’ and adds: “The true defense of socialism in Cuba today means supporting the workers against this plan and ...demanding the right to strike.’’
Popular Posts
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- MEXICO: Little Hope Remains For 9 Coal Miners After Explosion Kills 5; Billionaire Carlos Slim Slammed By Court.
- MEXICO: Indigena Michoacan Residents Defy Narcos.
- MEXICO: C.Bank Bought...90 Tons Of Gold...In Past 3 Months.
- HONDURAS: Zelaya Free To Return...After Arrest Warrants Dismissed.
- SERBIA: Singer "Ceca" Charged With Embezzlement.
- EASTERN EUROPE: 17 Mar. UPDATE: 2 New Nukes...Still In Poles Future...Despite Japanese Tragedy; Merkel Imposes Old Nukes Moratorium; Czechs, Slovaks And Others Support New Nukes.
- ARGENTINA: Gen. Menendez...Gets Another Life Sentence...For Killing 5 During "Dirty War."
- MONDAY MORNING MUSIC: From USA: Katy Perry's "Rainbow."
- MEXICO: Televisa TV Show Host Kidnapped And Murdered...With 2 Others...In Monterrey; 230,000 Reported To Have Fled Mexican Violence.