Ignorance On Display in The New York Times - Reason.com"Nowhere does the Times article address the elephant in the room: No organization can do anything efficiently, or even reasonably, unless workers can be fired. Government workers' special "protections" are a reason taxes are high, bridges fall down, public schools decay, the CDC loses Ebola samples, and so on."
John Stossel | December 31, 2014
No wonder Cuba wallows in poverty. Last week, The New York Times reported that the Castro brothers opened a special business zone where foreign companies "would be given greater control over setting wages at factories. ... (P)roposals would be approved or rejected within 60 days."
What? If I want to give someone a raise, I have to wait up to two months for government approval! That's absurd. Yet the Times said that the zone offers "big incentives for investors."
How clueless can their writers be? Their own article acknowledges, "A year later, the Cuban government has yet to announce a single foreign investment."
Duh.
The article went on to say that "according to many economists, President Obama's plan to allow more interaction between the two countries may not be the lifeline Cuba is hoping for—unless Cuba overcomes its resistance to change."
No kidding!
I suppose Times reporters need to consult economists to learn that entrepreneurs don't like having to beg dictators for permission to try something new. After all, back in America, Times editors demand increased regulation of almost every business.
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