Hong Kong vs. Cuba: a stark contrast Reply


By Tom Quiner

Hong-Kong-v-Cub

In light of the Democratic Party’s embrace of socialism, it is worth contrasting its effectiveness when compared to free enterprise using real world examples. A perfect comparison is Cuba vs. Hong Kong.

In 1961, Cuba embraced unabashed socialism while Hong Kong embraced unabashed capitalism.

Interestingly, Cuba owns some nice assets, such as productive agriculture thanks to their rich soil; such as 7% of the world’s Nickel and Cobalt reserves; such as 20 billion barrels of oil reserves (top 20 in the world); such as tourism, thanks to their beautiful beaches. Oh, and their people were well-educated.

By contrast, Hong Kong had nothing except a harbor and uneducated people.

When the Castro brothers took over then-capitalist Cuba, how did they leverage their nation’s considerable assets? Under their new socialism system, per capita GDP rose from about $2500 in 1961 to about $4000 by 2007.

By contrast, Hong Kong’s per capita GDP grew from about the same starting point as Cuba in 1961 to over $30,000 by 2007.

To make this really simple, the Hong Kong economy grew more than 7 times faster than Cuba, as you can see on the accompanying chart. And that was with practically no assets.

When they started out, the per capita GDPs of these two countries were in alignment with global averages. But the economic drag produced by socialism, and the corruption that usually accompanies it, has ground Cuba into the dirt.

Interestingly, the Corruption Perceptions Index produced by Transparency International ranks Hong Kong as the 15th least corrupt public sector in the world (ahead of the United States’ 19th place ranking) compared to Cuba’s abysmal 63rd place ranking.

I present this data in the humble hope that a few socialist wannabes will rethink their infatuation with Cuba and the Castro brothers.

Iowa abortions contribute to the Iowa worker shortage 8


By Iowans for Life

http://www.iowansforlife.org/2018/04/worker-shortage/Yesterday’s Wall Street Journal ran with the headline: “Iowa’s Labor Plight: Too Many Jobs.” They ran with the wrong lede. The correct headline should have been: “Iowa’s Labor Plight: Worker Shortage.”

The article points out that Iowa’s unemployment has dropped to an astounding 2.9%. Manufacturers in particular cannot find enough people to fill available jobs.

It is getting so dire that job training programs are irrelevant, because there aren’t enough people to train. The problem is acute throughout the Midwest. If every unemployed person in the Midwest were to find a job, there would still be 180,000 unfilled positions.

Why are we having this problem?

The WSJ cites Iowa challenges, such as an outflow of residents to warmer climates, and an inability to attract more immigrants.

But they’re missing another variable: abortion and Iowa’s low replacement birth rate, which are related.

Since 2009, Iowa’s birthrate has remained below replacement levels. What little population growth Iowa has enjoyed has come primarily through immigration.

Since 2004, Iowa’s abortion rate has ranged from 10% to 14% of all pregnancies. The rate appears to be dropping, but no one really knows by how much since data only accounts for surgical abortions, not chemical abortions which are skyrocketing in number.

Although pro life advocates bristle at looking at our aborted brothers and sisters as mere cogs in our economic system, we can’t escape the reality that Iowa has a labor shortage in part due to human abortion.

worker shortage

As you can see on the chart above, in the 13 years from 2002 through 2014, Iowans lost around 73,000 potential future workers through abortion. This doesn’t include those aborted via chemical abortions.

In the previous 13 years, Iowa data isn’t available, but we know that the numbers would have been even higher if Iowa’s abortion rate followed national trends.

Abortion is the first place to start

So when we discuss why Iowa is faced with a worker shortage, the first place to start is abortion. We have reduced the size of the Iowa workforce through human abortion.

The simplest way to solve the problem in the future is to reduce the abortion rate in Iowa. The Heartbeat Bill is the first place to start.

[Thanks for Iowans for Life‘s permission to run this blogpost. IFL depends on donations to continue to grow its educational outreach to Iowans. Support the cause today with your donation. Thank-you.]