News and Facts about Cuba

Game Changer

Game Changer / Fernando Damaso
Posted on May 18, 2014

Accustomed to the crumbs of a patriarchal government, incapable of
assuring productions, dedicated for years to false egalitarianism in
distributing misery among ordinary Cubans, on beginning to put the laws
of economics into practice and, with them, those of supply and demand,
some citizens are screaming bloody murder at the high prices of products
for popular consumption, principally those related to .

It’s natural that this should happen: as long as production doesn’t meet
and exceed demand, prices won’t fall.

Acting as if they’ve discovered warm water, some propose fixing price
caps on products, without understanding that this bad practice, applied
for years,was one of the causes of the national agricultural debacle,
because it doesn’t stimulate production. Others speak of fixing a
maximum profit percentage, without considering its impracticability,
because it’s precisely the State and its commercial networks that have
established profits of 100%, 200%, 300%, 400% and more above the costs
of the products for sale, whether imported or from the scarce national
production, and I doubt they’re disposed to turn off this spigot of
foreign currency and even local currency.

Therefore, using a baseball analogy: we have to stop playing loose and
learn to play hard.

18 May 2014

Source: Game Changer / Fernando Damaso | Translating Cuba –

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