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Erika Barris

👤 Speaker
1329 total appearances

Appearances Over Time

Podcast Appearances

Planet Money
Dark times for Cuba’s economic experiment

The second big shock came when President Trump took office for the first time in 2017.

Planet Money
Dark times for Cuba’s economic experiment

Trump was not on board with the warming relations between the U.S.

Planet Money
Dark times for Cuba’s economic experiment

and Cuba.

Planet Money
Dark times for Cuba’s economic experiment

He cited the country's human rights violations and accused it of spreading violence and instability, accused Obama of propping up a repressive regime.

Planet Money
Dark times for Cuba’s economic experiment

So Trump brought back many of the economic sanctions Obama had relaxed and heavily restricted travel again.

Planet Money
Dark times for Cuba’s economic experiment

Both frenemies and compadres were giving Cuba the cold shoulder.

Planet Money
Dark times for Cuba’s economic experiment

Ricardo said some Cubans made big money, but he says even before this latest venture into capitalism, the loosening of government controls had given rise to a culture of have and have-nots.

Planet Money
Dark times for Cuba’s economic experiment

There'd be a blackout across much of the country, but in some richer neighborhoods in Havana, people would still be partying.

Planet Money
Dark times for Cuba’s economic experiment

They'd have lights on, eating lobsters.

Planet Money
Dark times for Cuba’s economic experiment

And Cubans did not accept it.

Planet Money
Dark times for Cuba’s economic experiment

Ricardo, too, was frustrated.

Planet Money
Dark times for Cuba’s economic experiment

In 2021, he was preparing to go to the U.S.

Planet Money
Dark times for Cuba’s economic experiment

for a fellowship.

Planet Money
Dark times for Cuba’s economic experiment

And looking around, he decided that this time when he left, he wasn't coming back.

Planet Money
Dark times for Cuba’s economic experiment

And now when Ricardo goes back to visit, he says it seems Cuba's rich are getting richer.

Planet Money
Dark times for Cuba’s economic experiment

You see Teslas and Escalades on the streets.

Planet Money
Dark times for Cuba’s economic experiment

But he says Cuba's poor are also getting poorer.

Planet Money
Dark times for Cuba’s economic experiment

Ricardo says that's the Cuba he saw the last time he was there in 2025.

Planet Money
Dark times for Cuba’s economic experiment

The Trump administration told Venezuela no more oil for Cuba.

Planet Money
Dark times for Cuba’s economic experiment

And they told other countries that would have sold oil to Cuba, like Mexico, that if they do, they will get tariffed.