Friday, September 4, 2009

Cuba Runs Out Of Toilet Paper

No, this isn't a joke, this is what happens when you use the government to run the market.

Cuba, in the grip of a serious economic crisis, is running short of toilet paper and may not get sufficient supplies until the end of the year, officials with state-run companies said on Friday.

Officials said they were lowering the prices of 24 basic goods to help Cubans get through the difficulties provoked in part by the global financial crisis and three destructive hurricanes that struck the island last year.

Health care reformers beware, when you screw with the market, you get screwed. Luckily, Raul Castro knows the solution.

He has taken various steps to boost output, including putting more state-owned land in private hands and pushing forsalaries to be based on productivity.

Even communists realize the free market out performs socialism.

No comments:

Post a Comment