The Cuban government's policy of paying everyone equally, regardless of their skills, led to the country's economic ruin.

Economic Ruin Due To Equal Pay

This policy caused hundreds of Cuban doctors to leave the country for better pay or to quit their professions to work in low-skilled jobs like janitors or hotel maids, as these jobs offered more income.

Brain Drain and Unskilled Labor

The video argues that when governments implement socialist policies that attempt to reward people equally, innovators leave, competition declines, and the free market collapses, leading to widespread poverty and suffering.

Impact of Socialist Policies

Devaluation of Skilled Labor Doctors, lawyers, bakers, teachers, and taxi drivers were initially paid based on the value of their skills. However, the government's decision to pay everyone equally resulted in skilled professionals, like doctors, being paid less than taxi drivers, even though both professions lived in poverty.

Devaluation of Skill

The video emphasizes that fairness does not mean equal pay for everyone, as different skills have different values and demand. Individuals with highly demanded skills should be paid more, and if they are not, they will seek opportunities elsewhere. This is ultimately why the family in the video left Cuba.

Understanding Value and Demand

This video explains how communist policies, specifically equal pay, led to the downfall of Cuba's economy.

Watch full episodes of Tuttle Twins on the Angel Studios app: https://bit.ly/WatchTuttleTwins

Join Grandma Gabby and the Tuttle Twins on a visit back in time to Cuba. They see what life was like in the year 1940 compared to present day. The Tuttle Twins learn how communism and the decisions made by the Cuban government have poorly impacted the country and its citizens. 

From ⚾ Wonky Wages ⚾ S1 E8

Kids, economics, and freedom. All mashed together in one show. Join Grandma Gabby as she takes her twin grandkids on wheelchair time-machine adventures to learn about the virtues America was founded on. Tuttle Twins teaches children the principles of freedom, government, and economics in a hilariously entertaining way.

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*ABOUT TUTTLE TWINS*

How do you describe economics to your children? Should your preteen care about the government? For too long, parents have been at the mercy of professional curriculum developers to teach their children. History is watered down, key principles omitted altogether, and time and attention are given to things of lesser importance. Not anymore! Tuttle Twins is the first cartoon series to teach kids about freedom, economics, and government. 

The mission of Tuttle Twins is to reach 100 million kids, so in 10 years, when those kids are entering colleges and voting booths, their communities and our world will be a more free place. Millions of families that have bought the original Tuttle Twins books by Connor Boyack have found that stories are a great way to educate and entertain kids in ways school can't.

In every episode, twin siblings Ethan and Emily Tuttle join their Grandma Gabby on crazy time-traveling adventures. Together they visit important places in history and meet well-known historical figures such as Benjamin Franklin, Frederic Bastiat, Susan B. Anthony, Milton Friedman, Adam Smith, Harriett Tubman and more!

Tuttle Twins helps parents teach their children important lessons about freedom, individual rights, economics, entrepreneurship, the golden rule, free speech, personal responsibility, government and more! With lovable characters, great stories, catchy songs and lots of laughs Tuttle Twins is educational entertainment that is fun for the entire family!

Website: https://www.TuttleTwins.TV

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 ABOUT ANGEL STUDIOS 

Angel Studios is a streaming media service that offers family friendly entertainment that amplifies light, with titles including The Chosen, Dry Bar Comedy, and Tuttle Twins. A new kind of movie studio, Angel Studios funds, produces, and distributes award-winning titles from independent producers.

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© 2023 Tuttle Twins Show LLC. All Rights Reserved.
Distributed by Angel Studios

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The official channel of the Tuttle Twins show. Tween twins, a crazy grandma & a time-traveling wheelchair. This is a show that teaches kids principles of freedom and economics. Fasten your dentures! 