
BU family member Carson C. Cadogan has been strident and unequivocal in his condemnation of the merchant class in Barbados. His criticism of the groups which control the channels of distribution and retail has attracted criticism from other BU family members because he is of the view that the groups which have historically controlled have been White i.e. Hanchell Inniss, R. L. Seale, Bourne, BS&T, Goddards etc.
To say that Barbadians have significant choices to buy low priced food and other commodities would not be fair. Barbadians have witnessed the demise of the Julie N’s and Bugs Buy entities over the years when these entities tried to bring the price of food down. We may not totally agree with how Cadogan frames his contributions but we should not ignore the message, PRICES IN BARBADOS CONTINUE TO INCREASE. This is despite the acknowledgement that freight and other key input costs have been falling on the world market. Additionally, news out of Trinidad and a few other countries confirm prices have started to dip in those countries.
Not so in Barbados!
The incumbent government has been on the job for just over one year. Many including BU admit that the prevailing economic climate continues to challenge governments around the world. We have been reminded by the Opposition Party that the Democratic Labour Party promised to reduce the cost of living on assuming office. Commonsense convinced the majority of Barbadians that the new government would have struggled to reduce the high cost of living with the price of oil hovering at USD140.00 per barrel when they assumed government. However given the price of oil bottoming out at USD30-50.00 dollars per barrel in recent months, and other commodity prices like corn etc doing the same, it seems incomprehensible that Barbadian merchants/importers should continue to fail Barbadian consumers by not sourcing cheaper supplies and or reduce prices/mark-ups to the consumer.
Last month we posted the blog Should Our Merchants Be Tarred And Feathered? which attracted moderate comments from the BU family. Maybe a reflection of how accommodating Barbadians have become regarding the issue of being chafed by sellers of goods and services in Barbados over the years.
The time has come for our government to lead on this matter. They have promised to open up the market to competition. Barbadians have become cynical about whether such a strategy even works, the Digicel, LIME formerly C&W is a good example. The government has a very narrow window to act on this matter because merchants we are told have started to hint that they have to keep their prices up in order to keep staff employed in the prevailing economic conditions. The old people have a saying if yuh lick yuh lock-up.
Prime Minister David Thompson, Non Governmental Organizations, Credit Unions, Church, Media, and other stakeholders in Barbados, the PEOPLE need you to act responsibly by showing leadership now more than ever before.





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