President Obama is making a trip to Cuba, the first president in about 90 years to visit the communist country. I'm kind of torn about this one because our embargo hasn't changed anything there but I heard Bob Menendez (Democratic Senator from New Jersey), speak about the topic yesterday and he shed some good light.
He doesn't agree with what Obama's doing because Cuba has already had great trade relations with countries like Canada and nothing has changed...the government still owns the businesses and the people are living in poverty with the exception of the ruling class. Most of the Cuban citizens won't be able to afford to buy things from the U.S. at least not much, so it will be just another country who we have a trade deficit with. His thought is the U.S. will only make Castro and his cronies richer but not do anything to help their poor.
But this doesn't matter to Obama as the only thing he's doing during his lame duck session is legacy hunt. I can't wait for him to go. I just hope he and his team doesn't trash and steal things from the White House like the Clintons did when they left.
He doesn't agree with what Obama's doing because Cuba has already had great trade relations with countries like Canada and nothing has changed...the government still owns the businesses and the people are living in poverty with the exception of the ruling class. Most of the Cuban citizens won't be able to afford to buy things from the U.S. at least not much, so it will be just another country who we have a trade deficit with. His thought is the U.S. will only make Castro and his cronies richer but not do anything to help their poor.
But this doesn't matter to Obama as the only thing he's doing during his lame duck session is legacy hunt. I can't wait for him to go. I just hope he and his team doesn't trash and steal things from the White House like the Clintons did when they left.
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