Thursday, December 27, 2012

Cuba Libre

The Castros finally get el mensaje;

Cuba's drive to slash state payrolls and spur private-sector growth picked up surprising steam in 2012 as President Raul Castro moved ahead with reforms to the Soviet-style economy, according to figures unveiled recently with little hoopla.
The number of private or "non state" workers rose 23 percent in 2012, while state sector employment dropped 5.7 percent....
Just a few years ago, the state employed more than 85 percent of Cuba's labor force, but that is changing as the government battles heavy indebtedness, economic stagnation, poor retail services and pilfering.
Can Barack Obama be far behind?

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