The George Brathwaite Column – Chris, It’s the Lasting uncertainty!

Submitted by Dr. George C. Brathwaite
Chris Sinckler, Minister of Finance

Chris Sinckler, Minister of Finance

“The challenge lies rather in the idea of planning, of purposeful, intelligent control over economic affairs. This, it seems, we must accept as a guide to our economic life to replace the decadent notions of a laissez-faire philosophy.” – Rexford Tugwell and Howard Hill, ‘Our Economic Society and Its Problems’ (New York: Harcourt, Brace and World, 1934), p. 527.

This 21st century Democratic Labour Party (DLP) administration has been the antithesis of its groundings in social democratic politics. Barbados has been tossed far away from the ideals and aspirations for which the pioneers of our development envisioned. Barbadian economic planners, under the direction of a DLP gone astray, have uncritically embraced the lull for the neo-liberalised version of laissez faire capitalism. This unflattering cuddle has derailed the socialist orientations which were instrumental in driving postcolonial Barbados and shaping the nation’s post-independent development.

In real and visible terms, Barbados has today gone off track. The macroeconomic planners and policymakers have shifted their developmental gaze away from people’s well-being and re-directed attention towards the attainment of multilateral approval. The technocrats of the IMF may be excellent singers of austerity but if the idea of effective economic planning continues to be ignored by the governing, it is very likely that the governed would voice their resistance to swelling hardship and social infelicities. History in Barbados, the Caribbean, and the developing world is replete with examples necessitating resistance and protest from the bottom.

Notwithstanding the financial and other macroeconomic variables that make economic planning difficult at best, the working class people of contemporary Barbados are drifting perilously towards ‘incivility’ while the economy, that up to a few years ago gave opportunity for an expanding middle-class, is being described in terms of ‘backwardness’. Furthermore, the Barbados economy is being characterised with ‘junk bond’ status by some of the very multilaterals to whom the country’s obedient policymakers genuflect while abandoning the strength of social consciousness.

Reluctant to admit it, Barbados’ political economy over the last five years, has been frustrated with countless but lame efforts at neoliberal economic recovery. The resultant failure to sufficiently spur economic growth by the current DLP administration has negated many of the social gains achieved in Barbados since 1966.

For instance, free education – as a vital investment in the logic of moving from underdevelopment to development – has suffered at the hands of economic slaughterers. Their main passions grew out of betrayal in order to appease accounting standards while thumping their chests and savouring their own successes of attaining political power. In fact, the then Prime Minister Errol Barrow on May Day 1987, exactly one month before his death had observed and warned us that:

“We are not going to achieve our common objectives of social justice if the workers are going to be there on the other side of the fence, having an antagonistic attitude towards the people who control the capital. We are only going to have harmonious relationships in this society if the people who now control the capital realise that the workers themselves are entitled to a share in the control of that capital, both in the managerial and ownership levels.”

Surely, the National Hero’s statement is a coronation of socialist principles within a context of the social democratic space that was opened at independence for Barbados. Equally, it is a foreboding that speaks to prioritising the worker over the dollar, although both are indisputably important. The quest for social and economic empowerment must remain in place so that Barbados can achieve its developmental objectives.

The fact is that in Barbados’ first 40 years of independence, despite whatever challenges emerged, our economic planners and leaders recognised the need for worker and business alliances. The public and private sectors grew together with the embellishment of a framework that was defined by prompt decision-making and a strong sense of certainty of purpose.

Paradoxically, the current Prime Minister and the Minister of Finance in Barbados stand out as localised points of instruction. The indecisive wavering that is closely situated in the customs of Stuart and Sinckler, also presents clear demonstrations of the dysfunctionality that has crept into the fabric of Barbadian society. What Stuart and Sinckler say and how they act have effectively become institutionalised setbacks. The pair has practically set the tone, not only for consumers and civil society in Barbados to baulk at positive reforms (e.g. BRA), but has incurred a lethargy in the investment climate. Investment classes – local and foreign – are reluctant to take calculated risks.

Barbados previously had a record of performing outstandingly well due to the factors of stability and certainty in our socio-economic space. Barbados has seen an about turn both in terms of governmental approach and in reciprocity. Prime Minister Stuart and his Cabinet colleagues have often demonstrated a naiveté with regards to inviting trust from the people. The chief Minister and economic planner have preferred to silence those who complain or object to the flawed macroeconomic management of the country.

Subsequently, working towards fixing the plethora of issues which surfaced under the DLP’s watch has proven to be extremely difficult and sluggishly prolonged. The overly cautious and procrastinating Stuart-led Cabinet has operated largely for the sake of political preservation while the opposition – viewed as an alternative government – wasted time and opportunities in seeming disarray if not outright internal disunity. Mounting evidence indicates that the indecision and wavering are constant factors in the DLP’s public policy and governance architecture.

The daunting clouds of uncertainty are prevalent under the DLP’s beleaguered administration. Uncertainty is perversely institutionalised so that local and international entrepreneurs and investors are watching and listening with apprehension to the nation’s decision-makers. It does not help us at home to hear the dangerous statements wherein culpability and responsibility for the nation’s affairs have become foreign to local Ministers of government (i.e. do not blame me). Nor, does it help those wanting to invest capital in the Barbados economy. The lingering questions arising on the ‘ease of doing business’ are still around, when in practice, little or nothing is done to change the situation.

Within this context of governance, ministerial escapism creates policy confusion and, mass uncertainty prevails in policy arenas. The Barbados government operates with unfathomable ambiguity on almost every set of public policies and regulatory pronouncements. While some economic planning does exists, the outcomes of taciturn practices have left the country adrift from obtaining optimal performances. The macroeconomic directions, for example, which repeatedly spoke of stabilising Barbados’ badly faltered economy since 2008, have largely failed due to the apparent disconnect between the real data and the whimsical analyses offered by tainted officials.

The unseemliness of many public policy decisions is often exposed in the ministerial contradictions. On public policy, government ministers ebb ‘to and fro’ among themselves (e.g. Ministers Sinckler and Inniss or Sinckler and Estwick). Professor Emeritus Ramesh Ramsaran in 2012 gave a protracted view of a fundamental concern facing Barbados and the region. Professor Ramsaran asserted that:

“Public policy exerts a crucial influence on the creation and distribution of wealth. But public policy is not confined to the discipline of economics or the management of resources. It straddles a broad area which covers issues of a political, social and economic nature. It speaks to the integrity and efficacy of governance institutions, the functioning of administrative structures and the balance between social costs and social benefits. It not only encompasses the factors that influence the real and financial sectors, but all the institutional elements that affect the functioning and well-being of society. It defines national social and economic objectives, and also provides strategies, direction and the framework of incentives for governance in response to changes in the internal and external environment. But consistency, coherence and effectiveness are often lacking in formulation and implementation.”

Since 2010, and after each Budget presentation, Barbados’ Minister of Finance has had to repeatedly remove the smoke-screens and hyperbole from his ‘levying’ pronouncements which either amount to good or bad public policy. Sadly, the demand for good public policy and the necessary implementation of such policies are of seemingly secondary importance to an irresponsible DLP Cabinet. PM Stuart’s Cabinets post-David Thompson, have largely failed to inspire national confidence although they have been quick to draw on self-congratulatory messages – written and posted by self.

Mounting frustration within Barbados’ political economy is typical of this grave uncertainty that has become exposed in other aspects of daily living in Barbados. Workers across Barbados are facing increased taxation, depressed wages, the rising incidence of serious crime, and plummeting living standards. People perceive of a political class that is less interested in service provision and more inclined to influencing the acceptance of parsimonious public relations wherein only the bare minimum of information ever reaches the public.

One wonders who in government hears the cries for water from the dislocated people living in several parishes across Barbados. The lack of urgency being exhibited by key state agents is indicative of the drought of ideas causing paralysis in the country. Indeed, Barbados’ economic activities are currently being fuelled by the need for survival and the necessity to push back against the last few years of stagnation and degradation.

Intuitively, the DLP government with all the goodwill in the world, will continue to struggle once there is jaundiced or inadequate planning at the apex of political and economic leadership. The wheels of the Barbados economy with its once socialist character will remain off track with the possibility of an impending crash which could be fatal. The Barbados fiscal and debt challenges are stubbornly acute, although in recent months, it is being suggested that some modicum of recovery is evident. One must still exercise prudence and forcefully say to Chris, it’s the lasting uncertainty that is dangerous for Barbados.

(Dr. George C. Brathwaite is a part-time lecturer in Political Science at the UWI-Cave Hill Campus, a researcher and political consultant, and up until recently, he was editor of Caribbean Times (Antigua). Email: brathwaitegc@gmail.com )

77 comments

  • Dr. Brathwaite has distinguished himself as a leading purveyor of intellectual untruths

    How is it possible to do any analysis of anything, far less the DLP as an institution, without measuring the wider environments in which the subject exist.

    It would be misguided to assume ignorance.

    What is more troubling however is the gross dereliction of all professional standards in order to be the reliable mouthpiece for his mistress. As if some sick game of bondage and submission is to be played out before our very eyes.

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  • Steupsss
    Last week George quoted someone who said that only fools always quote other people (or some shiite like that), and this week he quotes someone from 1934 on economics….

    @ David
    If we can’t tek back the shiite PhD he got… at least yuh could ban his donkey or something nuh…! …he is just making it obvious that the BLP has nothing better to bring to the damn table….

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  • @ Pachamama

    First let me say that I am a divorcee with no mistress. Secondly, as a citizen of Barbados I have the right to call things as I see them. Thirdly, please pointt out any untruths in the article.
    Be that as it may, I encourage you with the critical mind to write on a regular basis articles that can be accepted or refuted so that we can see different perspectives.
    I really want to say more but plain commonsense dictates that I say no more except to wish you a great day.

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  • @ Bush Tea

    You know that I have been known to use similar sentiments in the past to dismiss truth. Nevertheless, I know that your ego shines through whenever you get the chance to take a dig. That means it is fun for me to see you fume in your misery although other possibilities exist.
    I wanted to correct you for a while on the matter of the PhD. Firstly, it was earned. Secondly, it was not pursued at the UWI nor in the Caribbean. Thirdly, I remain humble an open-minded. Keep well and have a great day if you can.

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  • For the sake of some clarity, I would have written and submitted this article before the completion of yesterday’s social partnership meeting. Is it not perplexing that the private sector is essentially saying the same things regarding the planning aspects of the economy and the uncertainty that has been a drag. We tend sometimes to overlook the substantive in preference to the inconsequential.

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  • @George

    Our system of democracy affords individuals/civil society to speak out about issues as they see fit once confined within the boundary of the law. Although some will say that real change can only be achieved when there is civil disobedience and sometimes this means mashing the crease as far as the law is concerned. The point here is: what is the non government partners in the partnership prepared to do to move long standing matters to actionable. We heard Charles Herbert talking a good talk like his predecessor.

    On Tue, Sep 20, 2016 at 1:36 PM, Barbados Underground wrote:

    >

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  • peterlawrencethompson

    The problem with your thesis, George, is not so much that it is wrong but that you try to ascribe responsibility for Barbados’s plight far too narrowly.

    It is undoubtedly true that Bajan leaders “have uncritically embraced the lull for the neo-liberalised version of laissez faire capitalism,” but this did not just happen; it has been ongoing since the early 1980s when this particular intellectual disease infected the world at large. The entire offshore financial services sector is evidence of the severity of Barbados’s infection with the neo-liberal virus.

    Every administration for the past 30+ years bears a huge fraction of the blame for our current deplorable situation, and your attempt to focus blame on the hapless Stuart clownshow simply exacerbates our partisan fever while doing nothing to treat the disease.

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  • @ David
    I concur with your sentiments. Indeed, the very Herbert indicated that he would not like the consultation’s outcomes to be treated in the same traditional mode of non-implementation.
    I would think that all three parts of the whole must become more proactive, assertive in doing the business of the country. Simultaneously, it is the society that must have their different voices heard and see that their demands are on the table. More action, less talk from all.

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  • peterlawrencethompson

    In other words George, you are tending here ” to overlook the substantive in preference to the inconsequential.”

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  • @peterlawrencethompson
    On the contrary and you know that as well. It is clear that the issues raised are real, and have had negative aspects on recovery and growth in Barbados. Why bury our heads in the sand in order to have partisan comfort or otherwise to bury the facts alongside the messanger?

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  • peterlawrencethompson

    The real issue is neo-liberal economics itself, not which ringmaster is running the circus.

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  • @ peterlawrencethompson
    Clearly you have applied a tight time frame. Indeed, we have always had to navigate our affairs along lines that caused less harm and disruption. The crucial term is ‘uncritical’ and the fact that development was seen by the evidence to be pro-people. Now, there is ample indication that foremost in the minds of our planners are the statements of the IMF and the possibilities flowing from the rating agencies.
    As to be expected, civil society has to be able to understand all of the issues and look to how best we can navigate rather than just run full speed ahead without critical reflection on where we are going and how we will arrive at our goals.

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  • Dr. Brathwaite

    It is a conceptual lie to criticize the MOF and the DLP without attempting to locate such within their proper contexts.

    ”This 21st century Democratic Labour Party (DLP) administration has been the antithesis of its groundings in social democratic politics. Barbados has been tossed far away from the ideals and aspirations for which the pioneers of our development envisioned. Barbadian economic planners, under the direction of a DLP gone astray, have uncritically embraced the lull for the neo-liberalised version of laissez faire capitalism. This unflattering cuddle has derailed the socialist orientations which were instrumental in driving postcolonial Barbados and shaping the nation’s post-independent development.”

    Please re-examine your opening paragraph, as above.

    It portends a comparison, a contrast, if you will, of the DLP of two epochs. This is meaningless and misleading unless the underlying causation/s for current ‘bad’ performances, by their own hand, and by markedly different environments are also assessed.

    Another lie is the assumption that is was the DLP which lurched Barbados into the most extreme neo-liberal or laissez faire capitalism, as you put it. The truth is that is was your own OSA and the BLP, who entrenched this form, of the most perverse, neo-liberal, Washington consensus economic policies into Barbados.

    Far be it for us to appear to defend the MOF and the DLP. They are no less our enemies than the BLP, However, as an academician you must have a certain fidelity to truth. But politics outweigh truth every time, in your writings.

    Of course, both the MOF and the DLP are susceptible to a critique. Those arguments are such that they should be removed forthwith. However, your real problem is that that broadside will also serve to overturn the leaky intellectual boat of your mistress, MAM, and the BLP.

    For it is her, for whom you write. You do not have a mind of your own.

    Liked by 1 person

  • @ Pachamama

    I was about to state that this is one of your finer contributions lifting discussion, notwithstanding that you deliberately chose to imply that a ‘lie’ is being told. However, your final statement tarnished what would otherwise have been useful comments to elaborate upon.
    If you read my response to another individual a few minutes ago, you would see that I did not take previous goverments out of the equation. Indeed, I stressed the point that development was people-oriented and that our economic planners better navigated the turbulent waters.
    Let us be real. The IMF’s insertion into the Barbados economy first came under JMGM Adams. 1994 and the WTO’s potency and change of rules emerged in 1994 to coincide with OSA’s first term. 1998 was also pivotal with the recession spurred by the Asian crisis. 9/11 and the new security focus also happened under OSA. So with those few things, and the rise of neoliberalism, management of Barbados’ economy went in uncharted waters but leadership and the capacity to navigate was always there. This is less evident post 2009/10.
    One. at this time, cannot so much as focus on those on the perimeter as we must focus on those at the seat of government. There is no ‘lie’ to be told. What we have to do is to be honest that against the historic development of Barbados, it is clear that this current administration has gone against the grain and that much uncertainty remains in the economy which cannot be uplifting or lend the confidence that is necessary for progressing Barbados.

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  • peterlawrencethompson

    All this pointing of fingers is perfectly pointless (pun intended).

    There is plenty of blame to be spread liberally over both political parties. This, however, does nothing except feed the partisan fever. We need, instead, to diagnose and cure the underlying disease.

    George’s diagnosis, neo-liberal economic policies, is correct. Now how do we change these policies given that we are enmeshed in a global economic context that is still beholden to neo-liberal orthodoxy.

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  • Dr. Brathwaite

    No matter how we try it seems impossible for us to persuade you that you should get your head out of the the petty political food fights and engage your thinking with the systemic reasons why this DLP regime is the worst the country has had. They are not alone.

    The next one will be no better either as long as the assumptions on which you reason remain.

    We will invite you to throw away your conceptions of ‘leadership’. Again, the time has past for us to be relying on a few people to anoint as lord and master. Let us all lead.

    Again, you seek to locate the BLP at the ‘perimeter’. When in truth and in fact the BLP is part and parcel of this government. Moreover, if your latent honesty could emerge even you might accept that given the state of a collapsing capitalist infrastructure the BLP could hardly be depended upon to do much better than this feckless DLP.

    You yourself have admitted dishonesty. You did not, in this article, tell the truth.

    The truth is that under no set of circumstances could anybody else, including MAM and the BLP, could do any better.

    You don’t even want to accept the foundational problem, that capitalism is at its nadir. All you want to do is help MAM win government, that’s all.

    These are some of the reasons that a guillotine is essential.

    Liked by 1 person

  • @ Pachamama

    Really sad when you cannot reason without attempting to label (incorrectly). I am a Bajan, I live in Barbados and expect to continue doing so regardless of which political party forms the government. So sad, I am almost sorry for you.

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  • Dr. Brathwaite

    What you are to be sorry for is delivering the country into this cul-de-sac from which it will never emerge, unless.

    Liked by 1 person

  • LOL, you are right about Bushie…. stinking Bushie… ha ha ha

    OK Dr. George, now that we have got you talking ..and willing to defend your positions, perhaps we can begin at the beginning…
    You said, inter alia, that ” In real and visible terms, Barbados has today gone off track.”

    What is the ‘correct track’..?
    When were we on such a track ….to have ‘gone off’..?
    Please tell us where such a ‘correct track’ has been identified by those whom you represent by your posts.

    Thanks doc…. 🙂

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  • Bush Tea

    A good post…..I would also like to know what&when could be considered by the author as our start point and what was its essence?

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  • @ Bush Tea

    This is precisely why I read your comments with interest.

    By its own admission, and the pronouncements and the various ‘strategy’ plans, the evidence is glaring. Can you imagine that the economy in 2016 is smaller than it is than in 2008? In several sectors, we are playing catch up. In of itself, this is not the problem. The problem goes deeper when there is little or no communication between the governing to the governed. Hence, the trust of the people is trampled, the hopes are dashed, and confidence throughout all the sectors suffer. I have absolutely no idea what the BLP could have or would have done differently except to say whoever the leader was, I would expect that person to lead from the front. It is precisely why leadership becomes so important. I can go on and on, but it is needless. The point is we cannot expect things to substantially improve in Barbados unless the polity once agaion reaches a level of confidence in which we can get some ignition in moving forward the country. I say to the people and electorate, make the same demands that I am calling for on the BLP or any other party intending to context the elections. Hold all to a standard that can inspire rather than stagnate.

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  • Forgive the typos Bush Tea. Lol.

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  • I disagree that liberalism is the cause of Bim´s downfall. A liberal government would have cut down the public service ever since. The current model looks more like Venezuela to me (single-industry economy and huge public sector).

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  • Dr. Brathwaite

    Why have you to be eternally teetered to the idea of endless growth. Can’t you see the outer limits of these notions.

    Why not a radical redistribution.

    The platitudes about leading from the front are meaningless.

    In case you have not noticed this is what is happening currently………………

    We have a regime of negative interest rates, bail-ins, unsustainable debt, worthless fiat money systems. series of QE, unsustainable deficits etc

    And yet slave nations are asked to pay rates of interest on sovereign debt as though no regimes of negative interest rates existed.

    Monetary policies now appear to have been used beyond known limits, creating more problems. And with over 600 trillion in bonds, if and when that house of card collapses, nothing you have to say, none of your training, would be of any value.

    Dr. Brathwaite these are the kinds of practical political-economy issues which should attract your attention, and that of your party, if yuh serious.

    There will soon be nothing that the IMF or WB will be able to do for Barbados, no more international largesse. debt bondage.

    Liked by 1 person

  • @George

    To challenge you on the point tat the economy is 5% smaller compared to 2008. Was the strategy embarked upon by the Arthur administration of services a sustainable one in a global context with double taxation treaties expiring with Canada for example? The rollout of EPAs etc.

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  • The straight answer David is yes. Were these ample or should remain static, NO! Starting at the end, the EPA provided much opportunity which we did not adequately tap into. Indeed, it becomes more problematic now with the BREXIT. Nonetheless, Santo Domingo for example pursued more vigorously and netted benefits. We can still negotiate in a timely matter on that. On the several bilateral accords for which Barbados entered as well as other CARICOM states, again these were not everlasting. However, one has to pursue deals which are timely if one must return to the negotiating table at a later date. Indeed, I prefer the bilaterals as opposed to the NAFTA that was previously bandied about with US hegemony at the forefront.
    On the matter of services, these have served the Barbados economy well and certainly in the contexct of what has happened globally over the last 20 to 30 years. What is wrong as pointed out by several inclusive of Winston Moore last weekend, was the need for further intra-sectoral diversification as well as maintaining adequate balances in other sectors of the economy particularly in agriculture and manufacturing. While we do not have a comparative advantage in our goods for export under the two, there are niche areas in which we could have gained some competitveness to meet our needs at home. I say this to the extent that over 50 % of our manufacturing exports were going into CARICOM and we did create spaces through Canada and the same EU.
    So I would be the last to rubbish OSA’s iniatives solely on the fact that we did not go further since then to secure more inroads.
    I do not deny the effects of the largely global recession, but Barbados ought to have been quicker in terms of responsiveness. Do you recall how BIPA kept warning us about the dwindling biusiness sector because we refused to safeguard ourt interests and move quickly? It is precisely those ‘soft’ effects that cause spiralling trouble and made hard circumsdtances more difficult to emerge from.
    All in all, there is hope. I do not say that lightly. We have come to recognise that timely decisions are equally as important to the international investor as it is for the local businessman. The trade agreements we much be more assertive in shaping the outcomes. I hope that I have answered you. There is much more that can be said, but I have no intention on throwing out the baby with the bath water.

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  • @ Pachamama

    For some reason I like it when you raise relevant questions and suggestions. Indeed, I agree with you that “radical redistribution” is a key. I am presuming that you understand that this means empowering individuals and the private sector so as to unlock the potential of entrepreneurship which, to an underestimated measure has served Barbados reasonably well since 1966.
    Now these types of discussions will never proceed if the political parties and in particular the ruling party is more concerned with political fallout. In fact, because I am a believer in putting more money in the pockets of the citizen so as to stimulate commerce locally, it means we have to quickly find means of reducing taxation all across the board and at the sdame time providing incentives for those willing to take the plunge. The debate cannot be kept under guard of political parties; civil society must become involved and lead from informed positions. essentially, a call for much more research and analyses on the development issues confronting the nation.
    Contrary to what some of you may think, I am not blinded by party affailiation and that is why I have kept it out there rather than run and hide under a pseudonym or other glossy label. I am that I am. However, my integrity and the fact that I am Bajan to the bone makes me consider things which I deem best for country.

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  • @George

    What about forex making policies? We spend, we import as well

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  • @ David

    Dominican Republic as part of Cariforum. Sorry for using the capital city.

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  • Yes, no doubt that the forex question is of vital importance. Essentially comes back to the point that we risked too much with the printing of money to pay salaries when it may have been preferable to give stimulus to areas in the economy that could spur economic activity/growth in terms of productivity increase. Again my reason for impressing upon certainty and confidence in the Barbados market for the purposes of attracting FDI. The current government has done fairly well in getting Sandals and others in the hotel sector to buy from local agriculture producers. Still more needs to be done. From a cultural perspective, it is not useful to go too far in dampening demand for imports through legislation. Education and local promotions ought to be preferred so as not to shatter the very confidence you are trying to build. There inevitably will be some leakage of forex, but emphasis ought to be significantly encouraging growth among your local sectors (goods and services), and getting more persons and the private sector into local production through incentives for export.
    I am not an economist, but I do have knowledge and particular interest in the relevant issues of national development. I hope the discussion/debate continues.

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  • @ George
    I agree with you that “radical redistribution” is a key. I am presuming that you understand that this means empowering individuals and the private sector so as to unlock the potential of entrepreneurship which, to an underestimated measure has served Barbados reasonably well since 1966.
    ++++++++++++++++++++++++++++++++++++++++++++++++++
    Boss, Bushie wanted to start ‘at the beginning’ for a very specific reason. Too many of us use meaningless cliches in attempts to answer serious questions.
    Case in point your references to ’empowering individuals’ and ‘unlocking the power of entrepreneurship…’ …and how these have ‘served Barbados well’…

    Man George, you does REALLY tempt Bushie to cuss you, yuh know!!! ..cause you know better (not because of the PhD, but because you went to a good school…)

    What do you mean by us ‘being on track’? .do you mean..
    ..Continuing growth …as Pacha ask?
    ..Good communications between Government and people …as you hinted? …or..
    .. further intra-sectoral diversification as well as maintaining adequate balances in other sectors of the economy particularly in agriculture and manufacturing….as per Dr Moore?

    The problem, George, is that you seem to essentially be saying that ‘being on track’ means having your side of the political divide in control of the keys to the treasury…. after which wunna will decide on which tracks to lay.

    How about a serious discussion of what National development means for Barbados?
    How about defining explicitly what ‘success’ means for Barbados in 2020?
    How about us exploring what ‘radical redistribution’ REALLY means..’?
    like…
    Why is there not a constitutional LAW on our books that restricts ownership of Bajan lands to Bajans or to Bajan-owned institutions …like so many other little islands do..?
    Why is there not ‘affirmative action’ legislation that encourages productive investments by co-operatives and to enfranchise the masses?
    Why is racial and national profiling not a consideration in the granting of Government contracts? …such that businesses that are best REPRESENTATIVE of the local population distribution are given preferential treatment? (Bushie knows that it is because Owen went and signed all kinda shiite agreements and treaties …. but still…)

    ‘Radical redistribution’ is not about playing with cliches Doc….. it is about DOING THE RIGHT THINGS.

    Liked by 2 people

  • @George

    If you are firm in your commitment the need to put more money in people’s pockets you have to also have a grasp of the full dynamic read forex impact. The printing of money is a worry in so far as exercising fiscal discipline and managing the deficit. Not sure it has any relevance to a forex raising poli!that is sustainable.

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  • @ Bush Tea

    You raise several interesting topics. These I will suggest are some of the things meriting discussion.

    By the way, thanks for not cussing me.
    @ David – Point taken, but to me, there is a relationship. The key is to get growth moving upwards, and attract local and foreign investments especially those that are productive and export-oriented. The Minister of Fin has said as much except that his tardiness and low conviction may need some changing.

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  • Dr. Brathwaite

    Let’s start a radical redistribution with land reform.

    Then let us redistribute political power away from the elites, political parties. Make the country organized like cooperatives, removal of elected dictatorship, rights to recall elected officials and senior civil servants.

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  • Dr. Brathwaite

    Yuh see how you ‘fraid of Bushie cussing you. That is the kind of perpetual fear politicians must have for the people.

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  • Surprise – I am NOT a politician or candidate. I guess that is also confirming that I have withdrawn from any nominating process. Lol!

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  • @Pacha

    What you have asked from George (Alien Land holdings legislation) is not in consonant with his membership of the BLP…lol.

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  • @ David

    I am more inclined for the regulation with an effective land use policy as opposed to barring the sale of land which cannot get up and walk away. Nonetheless, it is a worthy discussion.

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  • @ George C Brathwaite

    Your words as usual with the slip noose for your verbal houdini like escapisms LEST IT SHOULD BE SEEN BY MIA AS AN OPINION FROM THE RESEARCHER

    To Bush Tea you said “bla blah blah.. You raise several interesting topics. These I will suggest are some of the things meriting discussion.”

    To David you said “bla bal bla…Nonetheless, it is a worthy discussion.”

    And then at 3.21 you said “I am not an economist, blah blah blah. I hope the discussion/debate continues…”

    You use what in the parlance of war is called “cannon fodder”

    A noticeable verbal filler which say alot, insofar as it fills a few lines and makes it seem like you have said something, but in actual fact you said nothing.

    What the ef do you consider each iterative point that people post here if not evidence that “the discussion continues??”

    Why do you have to place these fillers into your discussion?

    THis freudian slip for me suggest a man who is afraid that in his discourse he will say something that will offend “his potential mistress”

    You are not as yet as fully ensconced with Mia in her Committee as yet but, by these articles what you are doing is a much more subtle Walther PPK attack.

    You are not blazing like Henderson Bovell, that is not your style.

    Nor do you do the braggadocio of the PPK but, with that “the discussion continues stupidity” you are just biding time and letting the respondents voice their opinions lest it be said that on Barbados Underground on such and such a day, “George C said “x””

    Were it true that you do not have a mistress you George C would come here and, with your name firmly affixed to your post, say what you believe, unlike peeple like me who hide behind this moniker heheheheheheheheh and tek pot shots

    Like

  • @ Piece Uh De Rock Yeah Right – INRI

    Read my lips. You are so right, now go to your mistress!

    Like

  • “Every administration for the past 30+ years bears a huge fraction of the blame for our current deplorable situation, and your attempt to focus blame on the hapless Stuart clownshow simply exacerbates our partisan fever while doing nothing to treat the disease.”

    What a load of crap and that is why the situation would remain deplorable because it is distressing to see people of your obvious intellect use their scholarship in a disingenuous manner. Rather than analyse you choose to pour cold water on Dr Brathwaithe’s contribution by subtly inferring that Dr Brathwaithe’s contribution might be influenced by partisanship May I respectfully submit that one could very well deduce the same from your attempt to shift the blame of the managerial incompetence of the current administration to occurrences of thirty years ago. How can someone in his right mind attribute the countless faux-pas made in the implementation of current policy decisions with the failed projects like sea-foods, Caribbean airways, Carib west, Carsicott, the building of the crematorium at Warrens, Greenland, or the impact of free secondary and tertiary education to the economy. Our current deplorable situation rests squarely with those who told us that our situation before it became so deplorable was as a result of a recession and they were implementing policies including a medium term fiscal strategy to deal with the situation and now you want to give them a pass after saddling our backsides with taxes in all forms and fashions with still no light at the end of the tunnel. Shite man. Attack the message not the messenger.

    Like

  • George ,
    One of our major problems is that we are not export oriented. Everything that is exportable in Jamaica is exported. Ackee (in cans) June Plums (Golden Apples) Aloe leaves, Ginger Beer (in Bottles) Breadfruit, Sweet Potatos, Dasheen, plums (miniJune plums) Mango, Avocado Pears, Jams, ,Jerk sauce, everything. We could produce these same products, yet we don’t market any of them, and/or fight to get them in the thousands of stores in Toronto, far less than in Ontario and the rest of Canada and the U.S. In the supermarket tester frozen tilapia was in the freezer, do we try to export our fish here? No!!. We could increase our Forex through exports. We may not be able to sell a billion dollars worth of products, but a thousand dollars earned is worth it.What about our sugar as a “superior” sugar, and our hot sauces, etc. We should try and keep trying.

    Like

  • Piece Uh De Rock Yeah Right – INRI

    We particularly enjoyed that last post

    It reminded us of a skilled. interfering, political, character.

    LOL

    Like

  • peterlawrencethompson

    @AC said “Everything that is exportable in Jamaica is exported”

    And yet the Jamaican economy is in worse shape than the Bajan one. Higher unemployment, lower incomes, etc… I know; I live here. This is a clue that those remedies are woefully insufficient.

    Like

  • peterlawrencethompson

    @Balance
    I didn’t mean to attack George… ad hominem is not my style, so I apologize that it came across that way.

    I was trying to steer the conversation toward the search for solutions rather than blaming one party or the other. Bush Tea, David and Pachamama have accomplished this more adroitly.

    Like

  • peterlawrencethompson

    Pachamama September 20, 2016 at 2:03 PM # pointed out some very important things. Conventional economic analysis is completely broken… it cannot explain why the quantitative easing and money printing policies have not had the desired effect in the developed economies. “Monetary policies now appear to have been used beyond known limits, creating more problems.”

    Academic economists are beginning to catch up to him; a forthcoming paper by Paul Roper at NYU is an interesting read about these problems.
    https://paulromer.net/wp-content/uploads/2016/09/WP-Trouble.pdf

    Like

  • peterlawrencethompson

    Paul Romer^

    Like

  • @ George
    …You raise several interesting topics. These I will suggest are some of the things meriting discussion.
    By the way, thanks for not cussing me.
    +++++++++++++++++++++++++++++++
    That’s it?
    …Interesting topics? …meriting discussion?

    Shiite man George, yuh mean that you DO NOT have thoughtful positions on these BASIC moots? Wuh those were just off the top of the head in the heat of blogging… you want some HARD ones….?

    Look Boss…
    If you plan to continue with this BU marketing drive of yours, you need to have at least some basic foundation of ideas that you feel able to defend.
    Don’t make it so damn OBVIOUS that you are simply seeking to ‘mek a name’ for yuhself so as to be accepted at the coming BLP trough.
    The Nation is the place for that self-promotion… nobody challenges any shiite there – for fear that Carl Moore is sniffing around trying to find out if they have an outside woman or child…

    Bushie actually thought that, like Carl Moore and Peter Wickham, you would have simply slithered away when challenged… but you seem to be of sterner stock…..

    Face it though George. YOU ARE NOT READY for the task of filling the political void that has been created in Barbados by the idiocy of the last two decades…. You just aren’t….
    Bushie recommends that you get a nom de plume (something like King George … or Braffit) and join the discussion as the non-expert that you clearly are….
    That way you do not have any shiite to prove, …no PhD to defend ….. and you and Bushie can cuss one another…like back in the old days…. and you can actually learn quite a lot…

    Like

  • I’m thinking George constructs these commentaries from polling data.
    Be sure to mention the problems that move the voters — water shortages, high taxes, depressed wages — and endorse “free education” as a moral imperative. Imply that somehow the government could escape its fiscal and debt crisis simply by addressing the investment uncertainties its own policy incompetence have created.
    Really, George. Stop. Give us a coherent, evidence-based plan for economic recovery. No more BS.

    Like

  • Well Well & Consequences

    http://www.barbadostoday.bb/2016/09/21/sell-them-2/

    Let me see the lying slaves in parliament explaining away this one.

    Like

  • “Face it though George. YOU ARE NOT READY for the task of filling the political void that has been created in Barbados by the idiocy of the last two decades”

    No Bushie not at all. Like everywhere else mistakes would have been made over the last two decades but Barbados was a regarded at the highest levels regionally and internationally as a well managed economy and was the envy of our regional brethren. Now we have our counterparts in the region who normally looked to us for guidance lamenting the deplorable state into which Barbados has fallen in the last eight years.

    Like

  • Well Well & Consequences

    http://www.barbadostoday.bb/2016/09/20/no-rubbish/

    Inniss complains consistently how difficult it is to do business in Barbados, yet when it’s documented internationally. ..they all complain….dont they have any useful work to do, like deliverying water to the people, the bus service and a long list of doing nothing,

    Liked by 1 person

  • You know better than that balance.
    When a fellow finds out that he has high blood pressure and diabetes and will likely die within ten years …was the ‘mistakes’ made after the ailments were discovered? …or were there also made during the years of living large, eating shiite, and ‘punching above his weight’?

    In our case, we did multiple shiite leading up to the diagnosis and then compounded this with even higher levels of jobby after the medical reports….

    You just trying to make Bushie sin his damn soul…

    Liked by 1 person

  • @WWC on Barbados Today 21 September

    Barbados is already like a dead body where the brain still thinks you are alive. There is no turnaround since the high budget deficit will stay forever thanks to the fact, that the government omits a reform of public sector. The high interest for public credits (10 %) and the failing foreign investments are a clear sign that Barbados has become a no-go-area for investments.

    What we will see on 30 November is a big festivity where the establishment is telling us that we are best, that independence is the very best, that education has made everybody very bright, that republicanism is best and so on. In the background a massive capital fly and lots of people on food stamps.

    In fact the public services already collapsed: no water anymore for certain parishes, rubbish collected once or twice a month, meals in schools and hospitals like animal food, neglected roads and schools. In fact: What do we get for paying taxes? NOTHING of any value.

    Like

  • Well Well & Consequences

    “In the background a massive capital fly and lots of people on food stamps.”

    Tron…if Barbados had real foodstamps….the people will have to settle for thin air.

    Like

  • @ Hants September 21, 2016 at 8:40 AM

    There is nothing new about Dr. Smith’s recommendations. What he is proposing should have been undertaken since 2012 when the fiscal cancer was first diagnosed and could have been treated in its early stage.

    This option of privatization has been available to the current inept administration which is always asking for alternative solutions whenever it has been criticized for its piss-poor fiscal management.

    One wonders what the BU ac consortium would say about the Doc’s recommendations. Or would they resort to their usual xenophobic rant about ‘ingrunt’ Jamaicans having the gall to tell the Bajan government what to do.

    One suspects the current DLP administration knows the Bajan bullet has to be bitten but is playing for time.

    What will trigger the execution of the divestment programme as outlined by Warren is something rather unpalatable to the stupid pride of the Bajans living in an airy-fairy financial world of flights of fancy.

    But we all know the giant step needed to return to the real world is something that will not happen under the DLP watch which will certainly lead to political hari-kari and the burial of that once great party. Why not leave it to the incoming administration in early 2017.

    Meanwhile they will continue to eat-up, drink-up and fete for days until the 50th Independence bacchanalian dance is over and the currency fuel of conspicuous consumption in the foreign reserves tank runs out.

    It’s just a matter of time, mon ami!

    Like

  • Dr. Brathwaite

    We are not unpersuaded that a level of convergence was achieved yesterday

    But on the matter of dealing with the IMF – World Bank there is much room for progress

    The notion that Barbados should be still going cap-in-hand to these institutions of re-colonization is anathema to the new dispensation outlined.

    Social scientists, and this is your area, have long known that countries with relationships with the IMF-World Bank continue to be underdeveloped by them. The countries in sub-Sahara Africa, the Caribbean etc

    On the other hand countries, in Asia for example, without a history of relationships with the IMF-World Bank were able to make quantum developmental leaps.

    The question for us therefore is why would we in 2016 still have the IMF-World Bank at the centre of the political-economy discourses in Barbados.

    Are we brassbowls, or what? Is there any room for a realignment of your thinking?

    Like

  • Well Well & Consequences

    http://www.barbadostoday.bb/2016/09/22/brexit-blow/

    Only a dummy for minister of tourism would believe Brexit could not affect the island.

    Their brains and mouths never make a connections.

    Like

  • Well Well & Consequences

    Sue Springer is another jackass, misleading bajans one day with her lies, changing her tune the next day….you cannot believe a word any of them say….all of them are self-serving.

    Like

  • A couple of posts on this thread have mentioned Dr Warren Smith of the Caribbean Development Bank, who has advised Barbados government to reduce its debt burden, possibly by selling some of its assets. The port at Bridgetown and the GAIA have been in the conversation. This has not made quite the splash on BU that I would have expected, but it is an idea the voters should keep in mind.

    Like

  • @ Chad99999
    Anyone who takes advice from Jamaicans on fiscal policy deserves exactly what they will get.

    Did you know that we have been hiring Trinidadians and Guyanese in recent years to run the local sugar industry? It seems that the white Bajans in control (and Arnie Walters) could not find any whites to fill the “mis-management” positions …so they went out and recruited jokers from countries whose sugar industry had failed. (Obviously black bajans could not be considered for these positions…as Money Brain previously explained in relation to his father’s business having to be sold)

    Basic common sense should tell us that STRONG COMPETENT AND DECISIVE action should be taken to turn these entities into profitable operations. …but Instead, some Jamaican jackass advises us to sell them (to foreigners or local whites – that hate our black asses) who will then take the same strong actions against the black staff and the black customers — AND THEY WILL MAKE THE RESULTING PROFITS…just like EMERA /FLOW/SANDALS/BNB….

    If you come with this shiite line of argument Chad, ….Bushie will be taking away ALL your 9’s…. permanently….

    Like

  • @Bushie

    But you got another White woman as Ms. Barbados

    We think this ‘beauty’ shiite is an imposition of the supremacist logic.

    If there are to be, at least let it speak to another acili.

    Like

  • What else would you expect Pacha..?
    Our national values are al albino-centric…
    Our standards of beauty are albino-centric
    Our developmental aspirations are all albino-centric
    Our foods are albino-centric

    If it wasn’t her, it would be the black one who look most like her….

    LOL
    …the only reason the damn politicians are black is because the alternatives see it as beneath them to be ‘representing’ the brass bowls of Bim….

    Like

  • Anonymouse - The Gazer

    When i first came to BU it looked as if we were carrying on a discussion that started over 30 years ago. Still seem like the same conversation….

    Like

  • Well Well & Consequences

    Lol……the young girl Harris who is representing Barbados is said to be mixed race, looks like something in the middle eastern/Caucasian range…to me.

    Suffice it to say, the girl does not seem to hold any illusions that she will win, she claims she looks at it as an experiene she can take through her life… whatever that means.

    If the Ms Universe organizers in Barbados had any goddamn sense, they would know the tone of the pageant changed years ago from a cattle call/show, they should have done some research in the 9 years the island did not compete..they should do some research now, for next time.

    The females countries are sending to repesent them are their exceptional professionals…was Wendy Fitzwilliam from Trinidad not a law graduate when she won Ms Universe…they send their medical graduates etc..the most exceptional……..their specialists in various disciplines ..

    ……..the judges want oodles of education…..oodles of proven talent, musical or whatever. .. and particularly volunteer work that can make a difference in the country and the world…a really mixed bag.

    For the donkeys that would want to challenge me…I too am mixed race, so are my children, so are my grandchildren and I am sure 40 generations of my descendants going into the future will also be mixed race…….we live in the real world……so stuff it.

    Crusoe…I mean you

    Like

  • @ Well Well & Consequences September 22, 2016 at 1:18 PM
    “For the donkeys that would want to challenge me…I too am mixed race, so are my children, so are my grandchildren and I am sure 40 generations of my descendants going into the future will also be mixed race…….we live in the real world……so stuff it.”

    Being of mixed race, or to be more politically sophisticated, of mixed ancestry or heritage is something to be really proud about.

    Why not live in both genetic worlds? At least there is the big chance you would not be prone to those genetically-based diseases which tend to ‘plague’ those from the so-called pure side of the racial spectrum.

    Trust me I am a Vet, it’s better to be a Rottweiler crossed with a Doberman than to be a pure Rottweiler or Doberman in the tropical climes of in-breeding.

    But Nature does have her freaky shortcomings in other respects.
    Just look at what happens when a hobbyhorse of crass stupidity is crossed with a DLP ass called an ac donkey. The result is a pure stupidly stubborn mixed-up yard-fowl of the ac (asinine consortium) breed.

    Like

  • Well Well & Consequences

    Lol…..Miller, that’s what they get from inbreeding. …ACs…Alvins…..Pedants.

    Mixing races has advantages…ya get to live in several different worlds and have a better understanding of the bullshit people do….to retain control…..

    I know ya noticed that these “pure bred” groups got MAJOR mental illness…lol

    Like

  • Let de ole man dance here wid wunna for a likkle bit and lef out de hunkie, and steatopygia deficiencies of white girls over blacks or dugulas.

    We seem to be repeating a theme that, irrespective of the Fumble and Bumble team of Stuart and Stinkliar, circles, rather undulates, like a pendulum from DLP to BLP

    I was earlier “speaking” to the Gazer and barely skirted on this suggestion/tangent to thought.

    i will revisit it for your collective consideration

    It is obvious from the calibre of donkeys that we are be-saddled with every fire years that we have people with falsified national credentials.

    By national credentials i do not mean the normal certificates and legal degrees i mean the qualifications that are required for National Service and Sacrifice.

    Someting dat shows dat de people know what is required of them, for people and cuntry.

    I am of the misguided? opinion that the only way/basis upon which your donkey, or mine, or any aspiring politician, from any party, should be elected for parliament should be based on both of us, irrespective of personal academic achievements, having a appropriate read stellar “National Service Record”.

    The NSR, unlike dem mek up manifesto portfolios like this dat i copy from Michael Adrew Lashley DLP statement “…he brings to politics the knowledge, expertise and experience of a well-trained lawyer. He defends his clients with a passion that reveals great respect for people and for the law…” or that of Mia which reads “…At the community level, Ms. Mottley founded the annual LIME Pelican Semi-Pro Football Challenge in 2011, and is the patron of the Lynden Grove Foundation, a non-profit organization dedicated to community causes…” should have meat worth of our vote.

    I want wunna to go to the site http://www.caribbeanelections.com/knowledge/biography/country_list/bb_bio.asp if they decide to let wunna in now since de ole man has been tekking a look at dem materials in great detail heheheheheheheh and see that every one of thei profiles of existing and past politicians, in whom we vest such confidence to run our natioal affairs ARE TOTALLY DEVOID OF ANY SUBSTANCE!!

    Dont tek me word for it, LOOK FOR WUNNA SELVES

    We all dun know dat people going try to falsify their NSR, if we were to adopt that as a requirement for national sevice, but you know something David “you can hide and buy land “BUT YOU CANNOT HIDE AND WUK UM” read dat it is impossible to falsify what is pun de internet UNLESS WUNNA IS NORTH KOREA!!

    Like

  • Well Well & Consequences
  • “A team of international consultants will evaluate the ICT infrastructure for the agriculture and fisheries sector and design an integrated system for knowledge management which must include a market information system, document management system and a farm management information system.”

    http://www.nationnews.com/nationnews/news/86172/agriculture-fisheries-tech#sthash.dts93sN5.dpuf

    Like

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