Sen. Richard Lugar, the ranking Republican on the Senate Foreign Relations Committee, released a draft report (PDF) Monday saying it is time to reconsider longtime U.S. economic sanctions on Cuba.
This blog has long thought the current US policy towards Cuba is counterproductive. Ending the embargo would not only increase the well-being of Cubans, it would tie Cuba economically to the United States. Given the Cuban population in south Florida in particular, the United States already has strong cultural ties with the island.
On the downside, lifting the embargo would bring an influx of dollars into Cuba, which would prop up the Castro regime, much like US and petro-dollars prop up Chavez in Venezuela. In Cuba's case, this should be mitigated by new dependence on US dollars flowing from the US. Once the money stream is flowing towards Cuba, the Castros will be reluctant will close those floodgates again.