In what was supposed to be some sort of an “economic reform” in Cuba, new cars are going back on sale in Cuba for the first time since the 1959 revolution. But, the government is fixing the prices at about 8 times what the same cars would sell for in the United States. Under the new rules, the government set the prices at these inflated rates, insuring that only the most wealthy in this country where many only earn $20-30 a month would be able to buy a car. Some cars such as French imports that would sell for around $30,000 in the United States, will now be available for sale in Cuba, but at a cost of over $260,000.
Since the 1959 revolution, the Castro family have maintained an iron grip on this country. After the 1959 revolution, Fidel Castro declared himself president and claimed that the country would have free elections in six months. Instead, the new dictator moved to quickly have any political opposition arrested and maintained and made himself president for life until he became too frail from declining health, and then handed over power to his brother, Raul Castro. The claimed “economic reforms” are so timid that few Cubans will see new products in their lives for the time being, but will allow the elite rulers of Cuba access to new luxury goods.