IF Mia Cares She Should Stop ‘Picking-on’ the Public Service!

Submitted by Charles Skeete

[Barbados Underground] There are enough unpaid taxes and debts due and owing to the Government which if vigorous efforts are made to collect would make the spectre of job losses avoidable and that should have been the first order of business on assuming office because there is no such thing as painless layoffs.

Whatever strategy is employed in relation to job cuts would as a consequence be painful to the jobless.

If the government cares and we are all in it together, the new government which has not really completed a work cycle to merit vacation pay should refrain from taking the increase if they really cared since it would not relate to their time in office but the previous administration who would more have a rightful claim.

They could also abolish temporarily or permanently the unnecessary perks given to senior public officers in Government and at statutory boards. They could even consider a Tom Adams like surcharge which would touch the entire workforce rather than penalize public servants all the time who make up a small portion of the economy.

What about those self employed persons who pay no taxes or NIS THEY SHOULD BE THE ones targeted and stop using the public service as a whipping boy just because they are on the system and easy to get at. The list of indebtedness to the Government is easy to compile. Get up off your asses and do some work and stop looking for the easy way out which is counter productive anyhow since our economy like a meeting turn depends on what is circulated and layoffs takes money out of circulation and stagnates the economy.

149 comments

  • peterlawrencethompson

    @Bush Tea August 18, 2018 8:56 AM
    I understand that to have Barbados endure a deep depression might fit well into your sackcloth and ashes pattern for individual moral development, but I consider it to be deeply unjust to our children and grandchildren. It is my own generation by and large who have squandered opportunity for building a sustainable and just Barbados, so while you may consider it appropriate to visit retribution for the sins of the fathers upon subsequent generations, I do not buy into that philosophy.

    Liked by 1 person

  • @ peterlawrencethompson August 17, 2018 10:00 PM

    “I’ve used the most reliable numbers I can find,”

    Therein lies one of Barbados’s MAJOR ISSUES, unavailable and reliable statistics. How can you Guess how much money you have in your pocket if you can’t count. At the moment as I told David a few weeks ago, new government number one priority was to do a forensic audit of the countries finances by an OUTSIDE AGENCY so one can determine to some degree of accuracy the present and forecast situation. Only then can you start to develop a plan for first stabilization and then future development hopefully leading to growth.

    This concept appears not to be in the BLP GOB AGENDA. The result being the IMF are going to make these determinations and Barbadians are going to have to live with the consequences. GOB will have no comeback to IMF suggestions as they have no definitive statistics to back their “OPTIMISTIC” position.

    PT tried to make a realistic financial assessment however his evaluations are NOT RELIABLE because he’s replying on unreliable and unavailable GOB statistics.

    GARBAGE IN GARBAGE OUT.

    Liked by 1 person

  • @ PLT
    Unfortunately, despite your ability to see the glaring systemic weaknesses of the physical life that we can sense, you still do not get the REAL fundamental SPIRITUAL concept – of which the physical experience is but a relatively minor component.

    If we use your logic, it would be quite acceptable for an individual to do a lotta shiite during his lifetime and accumulate immense wealth (say by enslaving and dehumanising everyone who happened not to possess the weapons available to himself) and to then die with the knowledge that his children and grand children can enjoy generations of advantage, privilege and comfort at the expense of the decedents of those that he had subjugated.

    Indeed, by your logic, this could be seen as a selfless, heroic act…

    However…
    If we did shiite for the past 40 years by being unproductive, self-engrossed, albino-centric and spiteful then you can REST ASSURED that the price will be paid for GENERATIONS TO COME.

    BTW … there is NO QUESTION about the coming ‘deflation’, the ONLY question is if we will self-impose in a controlled way – or if it will be externally imposed at the whim of outsiders….our debt holders.
    …and you had better prepare your children and grands for the coming reality…

    Liked by 1 person

  • @Peter

    To add to Bush Tea’s comment without fully subscribing to all therein (LOL) the BU intelligentsia has been a fairly accurate barometer in the last decade of forecasting current state.

    Liked by 2 people

  • IF MIA CARES
    SHE WOULD STOP PUMPING SHIT IN THE OCEAN

    IF MIA CARES SHE WOULD SPEAK TO THE CLICO POLICY INSURERS ON THE RECENT NEWS THAT THESE INSURERS WHO WERE RECEIVIMG COMPENSATION WOULD NOT BE RECEVING ANY MORE BECAUSE OF BARBADOS DEFAULT

    Like

  • Senator we could also shut down the senate and buy a rubber stamp with “Approved” for the bills.

    https://cbc.bb/index.php/news/item/5766-senator-wants-higher-allowance

    Like

  • peterlawrencethompson

    @Bush Tea August 18, 2018 10:07 AM
    Actually, if we use my logic, not only would retribution for the sins of the fathers not be visited upon subsequent generations, but neither would the wealth they accumulated whether ill gotten or not. When we allow people to pass all their wealth on to their children we accentuate and perpetuate class divisions within society. Sweden used to have an inheritance tax of 65% which went a long way to pay for their enviable community centric social system; sadly they abandoned it under right wing neoliberal pressure in 2004. Imagine the social benefit if out of COW’s $500 million estate his children got to divide $200 million but the other $300 million wend to community development.

    Liked by 1 person

  • @ Peter
    …and how would you divide Bushie’s wealth – which came from totally selfless community centric operations and which has been characterised by community service and contributions that are even more valuable than the actual wealth accumulated (all fictional examples of course…)
    Tax it again?

    Why then would Bushie’s son follow in the old man’s community centric footsteps?
    It is more complex than inheritance taxes…

    What a man sows, he (and his family) will also reap. Those that sow selfish spite and vindictiveness CANNOT reap otherwise just because of some shiite tax….

    This is of course the reparations argument … but it is flawed because the philosophy is over-ridden by a HIGHER law.
    Time is of no consequence to BBE – if ensuing generations fail to learn the lessons from their wicked fore parents and TAKE CORRECTIVE actions, then THEY even more, are guilty of the original crimes… AND WILL PAY accordingly.

    This is why PROACTIVE ‘sack cloth and ashes’ trumps ‘brimstone and fire’….. EVERY TIME….
    But there is NO option but to pay the price …only to voluntarily pay up …or to be sentenced….

    Those that sowed …shall also reap in kind….. It cannot be compensated with inheritance taxes.

    Like

  • Bernard Codrington

    @ PLT

    Welcome to the club of progressive wealth and income taxation. Or were you already there?

    Barbadians were nurtured in a Big Government System of governance and do not seem to appreciate that GoB services must be paid for by taxes.
    This was so even before adult suffrage. I think we need to do some serious research before we jump on bandwagons such as “public sector too large”. Large relevant to what?

    We can always cut the public sector and pay privately for roads,education, health ,police etc.
    Wuh Loss.

    Like

  • Bernard
    Nobody said that the public sector is ‘too large’.

    The problem is that the wages bill is too large – given the INCOME generated to pay that bill.
    If you can divide available resources between (even a larger) public service all would be well…

    But when you BORROW money to pay people who are NOT productive…. Wuh loss…

    Like

  • Bushie while you might not have said so it has become fashionable for some time now as stated by Bernard to say the public service too large or bloated; and as clumsy and simplistic as this might sound
    The in excess of 92.000.bds purportedly owed to vat by Mr Carrington could pay the wages of at least six NCC workers for a year. I maintain the collection of outstanding debts to Government while not the only answer would be a start in replenishing the coffers of the Treasury

    Liked by 1 person

  • Charles Skeete in mentioning vat thieves and defaulters honourable mention can also go to Mia Father where monies due to govt was tranfered to him in the name of tax waivers
    Sir i am also taking note of your pain staking expedition to save the public workers from the decapitation of this govt
    Sorry that you miss the memo before you placed your vote in a moment of pleasure
    Now it is all but laughable to see you asking the govt whom you voted( for ) a reprieve
    Sir let me say that your hands are as much responsible for the fate of the public servants given you appetite for a longing for better change which you eagerly demonstrated on election

    Like

  • sirfuzzy (i was a sheep some years ago; not a sheep anymore)

    The problem is that the wages bill is too large – given the INCOME generated to pay that bill.
    If you can divide available resources between (even a larger) public service all would be well…

    But when you BORROW money to pay people who are NOT productive…. Wuh loss…

    @ Bushtea,

    May we go to parliament change the constitution and allow the govt to cut salries again? Just a wild thought?

    Like

  • @ Charles Skeete
    Unfortunately the matter is more complicated than just collecting VAT to pay those workers.

    Consider a situation where there is a family of – say 100 persons.
    5 are working ‘outside jobs’ and bringing cash into the household of 1000 each per month. or 5000 per month.
    This buys all the externally needed family supplies.

    Another 20 members work around the family home -keeping things clean, cooking, looking after children etc – and consume their share of family supplies.
    a next 50 are children who are being looked after via food, education, entertainment etc and the other 25 either don’t or can’t work.

    The limit to which the family can demand high quality services and goods is determined by the CASH being generated by the ‘outside’ jobs.
    It matters only a little bit how many insiders you ’employ’ and provide resources to…
    Bushie would employ all – since you will probably feed and look after them all anyway – as family,
    BUT THE STANDARD of living is largely determined by the CASH being brought in by the five ‘FOREX’ workers.

    Unless some of those inside family members can PRODUCE quality goods for use by the family – or for sale to outsiders to create more cash, then the family standard of living is directly proportional to the forex generated.

    Collecting internal debts owed by the babysitters and the gardeners is honestly neither here or there – except with regard to the internal relations of the family. LOL – you may just save a stabbing or shooting…

    Liked by 2 people

  • Sirfuzzy

    How about going to parliament and change the constitution so that government is not ALLOWED to spend money that it does not have….
    That way, they would be forced to take REALISTIC and sustainable steps to safeguard the future of our children.

    If they want to spend more… FIRST – find a way to PRODUCE more…

    Liked by 1 person

  • Bush Tea August 18, 2018 1:09 PM /”…Bushie would employ all – since you will probably feed and look after them all anyway – as family, /BUT THE STANDARD of living is largely determined by the CASH being brought in by the five ‘FOREX’ workers…”

    Thus the need to cut compensation. Like anything else, there was no strategic action, so the better short term reaction is necessary.

    Like

  • peterlawrencethompson

    Bush Tea August 18, 2018 11:34 AM
    You answered your own question of course:
    “Why then would Bushie’s son follow in the old man’s community centric footsteps?”
    BECAUSE
    “… totally selfless community centric operations […] characterised by community service and contributions […] are even more valuable than the actual wealth accumulated…”

    He knows all this because you raised him right.

    Like

  • sirfuzzy (i was a sheep some years ago; not a sheep anymore)

    @ Bush Tea August 18, 2018 1:12 PM

    Therefore the govt could not run a defecit? I guess you are running afoul of much economic models and thinking.

    I too think we need to examine out economic models as they may not be structured in a way that best suits our purpose.

    Liked by 1 person

  • sirfuzzy (i was a sheep some years ago; not a sheep anymore)

    I maybe way of base on this; but if i am 45 years old and was working in a govt job or an SOE with just about 15-20 years before retirement(voluntary or forced) with loans loans to repay etc; maybe children to educate or more likely feed; not too interested in a criminal life, i would not be too opposed to a 8% wage cut and five year wage freeze; with the promise of secured employment. With usually conditions of service etc,

    I know i can re-prioritise the reduced income;(92%) i will tighteningn my belt as needed; however it really hard to re-prioritise with (zero %) income.

    There is also the high probability that both or all the persons working in a house/home may be severed. How many homes are supported by outside bread winner due to their previous relationships etc. It cannot be business as usual but this will be a hard blow to all involved when the cuts do finally come.

    Like

  • A reasonable view, the challenge is the ‘noise’ fueled by competing agendas in the space.

    Liked by 1 person

  • Bernard Codrington

    Lay offs in the public sector take income out of circulation and cause lay offs in the private sector. Lay offs reduce direct taxes and indirect taxes.Reduced expenditure reduces expenditure based taxes. Income is a circular flow. My expenditure is your income.

    Governments temporary increase employment in order to absorb private sector lay offs.
    What happens when the private sector does not step up to the plate?

    Just thinking aloud.

    Like

  • @Bernard

    The theory is correct. The unknown variable is to what extent will the private sector create opportunities facilitated by the public sector. Of course this will not happen in a vacuum. There is no playbook. We have data to feed models locally and case studies from orher countries. All that is missing is leadership.

    Like

  • The reduction of the public sector won´t dramatically affect the whole system if the servants have just to retire a bit earlier than normal and if no new servants are hired to replace the outgoings. The need to actively fire servants will be limited.

    Emigration to countries with a better prospect like Jamaica or Guyana will do the rest.

    For your relief: All formerly socialist countries had to transform. Look at Russia, China and Eastern Europe. Some better, some not. Barbados is also a socialist society with no true democracy and ruled by oligarchs, predominance of the public sector, very restricted private sector, capital controls and lack of forex. So Barbados and Venezuela are next.

    Like

  • pieceuhderockyeahright

    @ Brother in Arms Bush Tea

    You said and I quote “…If they want to spend more… FIRST – find a way to PRODUCE more…”

    Oft, as you have used the anecdote about rearranging the chairs on the deck of the Titanic, de ole man has been fascinated by that imagery and its perfect accord with our predicament

    We have a birthday cake of a finite size for which the ingredients (1) are imported and (2) are increasing in costs annually and (3) the invitees to the party are increasing every time we hold the party which in this matter IS RVERY DAY.

    Incredulously we figure that by rearranging the order in which we share out the cake IS GOING TO INCREASE THE CAKE!!!

    And that cycle repeats itself with every change in our government.

    WE LACK THOUGHT LEADERS WHO NOT ONLY CAN PROPERLY APPORTION THE CAKE BUT HAVE THE CAPACITY TO INDIGENOUSLY SOURCE OTHER INGREDIENTS

    Said resources not only can feed the people coming to eat at the party but employ them to make more cakes WHICH WE CAN SELL TO OTHER PARTIES EXTERNALLY!!!

    It is not that we have lacked thought leaders during all the cake baking but because the brass bowl leaders who we have assigned to bake the cake HAVE EITHER BEEN INCAPABLE OF SEEING WHAT THESE PEOPLE DO OR, and this is normally the situation, THEY WANT TO TEIF THE PRODUCTS OF THESE OTHER PEOPLE WHO CAN MAKE THE ADDITIONAL CAKES.

    I see wunna are experts on sharing out the 1 cake but not a feller ent mentioning additional cakes here because “there be dragons in those thar dens…!!!”

    Liked by 1 person

  • pieceuhderockyeahright

    @the Honourable Blogmaster your assistance please with an item for all the learnéd scholars here.

    Like

  • @ Sirfuzzy
    Therefore the govt could not run a defecit? I guess you are running afoul of much economic models and thinking.
    +++++++++++++++++++++++++++++
    Not at all.
    There IS legislation in place which limits the total amount by which government can commit the country to deficit. Do you know that the brass bowl political idiots ROUTINELY increased this limit every time their greedy minds found ways to increase our indebtedness? Stinkliar was the best…. he seemed to think that it was a’legal’ issue … and that once parliament increased the limit, all decimals were in place…

    @ Piece
    Exactly.
    The BLP’s most GLARING error so far is their ridiculous stunt of putting LAWYERS in charge of all our important agencies.

    How Stinkliar-isque ….

    Lawyers are the single best example of incompetence in Barbados.
    The BAR association
    The Law Courts
    The Justice System
    The Client Funds embarrassment
    The fact that not one is seen as of the quality needed for the CCJ
    The fact that they could not find a CJ locally – and then botched the law to find a second-rate joker
    The fact that lawyers have distinguished themselves as untrustworthy and generally dishonest
    Imagine that probably the most distinguished among them came PUBLICLY and said that corruption was endemic in Barbados – and not one ask…. in fact, the CoP says that there is nothing to investigate.

    YET, we see on every damn board and institution, these parasites distributed to spread their albino-centric incompetences to all areas of national life.
    Bajans are such brass bowls….
    We dismissed Grenville’s proposal to push SUCCESSFUL business persons into leadership,…
    but willingly accept Mia’s secret actions to push our most despicable set of professionals instead….

    Mia is of course exempted BECAUSE she does NOT have a LEC …. but Bushie would remove EVERY lawyer from ANY position of influence in Barbados UNTIL the legal profession is able to clean up their OWN nasty backyard…

    But then again…
    A people ALWAYS get exactly what they deserve.

    Liked by 1 person

  • @ Bernard
    You are clearly an ‘economist’ (whatever the hell THAT is…) who continue to read those outdated books that ONLY related to the period after WW2 (1950 -1990) when the world was in the process of reconstruction.

    The world is now back to NORMAL boss… “by the sweat of a man’s brow shall he eat bread”

    There is NO GUARANTEE that Barbados will be able to continue to access imports to maintain our ridiculous (because it is NOT supported by productivity) standard of living.

    The idea that the albino-centric DEMAND for goods and services – by unproductive brass bowls, is an important driver of national GDP is misguided, dangerous and counter-intuitive. The dependent variable here is standard of living, …not GDP.

    Liked by 1 person

  • sirfuzzy (i was a sheep some years ago; not a sheep anymore)

    Like
    Bush Tea August 19, 2018 8:10 AM

    I think the problem is not with the “practitioners of the legal profession”. Its deeper than that, it a “modus operandi” and deep character flaws in who ever is place on the board of the SOEs. Birds of a feather flock together; kinda thinking ? In theory they must be honourable lawyers and other professional that can serve on these board but the politicians know damn well that they cannot put “honourable” person in these positions cause the SOE might run aground(in the politician’s opinion) if the “honourable” person charts the correct and honourable course.

    Just My Thought

    Liked by 1 person

  • @ sirfuzzy
    In theory they must be honourable lawyers
    ++++++++++++++++++++++++++++++++++
    One in a thousand maybe….
    …and those would have abandoned the pit of vipers if they were indeed honourable.
    In sum then, and for all practical purposes, the term ‘honourable lawyer’ is an oxymoron.

    As to others on the Boards, you must be aware of the DEFERENCE that most BB Bajans have for lawyers….
    With the notable exception of Caswell and a VERY few others…most are cowed when some albino-centric charlatan proclaims that the ‘LAW’ says such and such …. or that ‘such and such’ action may not be upheld in the court…
    Lawyers are like bad apples….. It only takes one….

    Thank God that the PM does not have the LEC….
    We MAY yet have a slim chance….

    Liked by 1 person

  • sirfuzzy (i was a sheep some years ago; not a sheep anymore)

    I think we are slowly coming to the realisation that what we call economics and its disciples(economist) has lead us astray with a warp version of reality that serves to promote GREED and the GREEDY. I also submit that just because something is a lawful doesn’t make it moral. Economic theory has often be used to justify(legalise) plenty immoral behaviour over the years. But as they say time is longer than twine.

    In the final analysis you don’t get paid before you work,. You get paid for the work u produce. You can only borrow above your means to repay(earn) for a finite period of time. The bible sums it up really good. “by the sweat of the brow you would eat” also it says “the borrower is the SLAVE to the lender”.

    So may i say welcome to our new reality; “direction-less; enslaved; brek; deluded(punching above our weight); poor; proud and godless.” other than that we are doing just fine economically.

    Liked by 1 person

  • sirfuzzy (i was a sheep some years ago; not a sheep anymore)

    I have this question that i would like to hear some feedback from the BU gurus?

    If Govt. were to out rightly privatise many of the SOEs what would happen.? In the scenario thisis what is am seeing happening.

    a) Govt will reduce its wages bill and transfers to the SOE. (accounting reality)
    b) The private sector will now become the employers of those transferred worked (accounting reality)
    c) The private sector owners will most likely right size the SOE resulting in lay-offs etc (social reality)
    d) The overall unemployment rate should increase when we net out between the loses from govt and the gains in the private sector and then the right sizing done by the private sector.

    Given all of that, how does it really benefit Barbados other than being an accounting gimmick of moving around numbers(employees) between Govt. and private sector entities.

    Just asking

    Liked by 1 person

  • Fuzzy,

    Assumption d) is socialist propaganda. The total assets of a society (mainly capital) are divided between the public and the private sector. Today the Barbadian public sector is so fat and retarded, no private business can survive. Just as the CEO of a local IBC exporting goods from BB to other countries.

    After the shrinking of the public sector and the transformation of the gov corps, the private sector will have more capital through lower taxes and less regulation to build up new branches.

    Present Barbados society is deeply socialist. The clueless masses really think that the gov will sort out everything for them in life. Just look at the two main parties: A moderate socialist party called BLP and a radial socialist party called DLP. Or do you know any liberal or conservative Barbadians? There are social democrats, socialists and communists. There is no liberal school at the economic department at Cave Hill Campus. I assume the local economists got their training either in the former Soviet Union or Venezuela. All is about the Big State and how to suck up more debts and to spread the non-existing wealth.

    Like

  • Barbadians are in a state of denial . The IMF would make that denial a reality
    What confounds abd dumbfounds is the silence coming from the BWU and to a leeser extent the NUPW outside Charles Skeete interference via social media it looks like the civil servants does not have a secure leg to stand on
    There are going to be sleepless nights for many public workers

    Liked by 1 person

  • You are correct. The kicking of the can down the road has not helped.

    Liked by 1 person

  • sirfuzzy (i was a sheep some years ago; not a sheep anymore)

    @ August 19, 2018 7:08 PM

    Fuzzy,

    after shrinking of the public sector and the transformation of the gov corps, the private sector will have more capital through lower taxes and less regulation to build up new branches.

    Less regulation? I think the govt needs to invest in enforcement of the rules it currently has. There is little sustained enforcement of the current regulations. if there was proper enforcement many of the things occurring wont have occurred.

    Liked by 1 person

  • Is it now part of this government’s policies to us the Defence Force to undertake the maintenance of public buildings? Are the unions involved in this?

    Liked by 1 person

  • Is the government going to launch an inquiry in to the GL Systems affair?

    Like

  • It now appears as if the BLP government is going to expand the free movement of people, by including such categories as domestic staff (of course they mus4t be qualified to cook, vacuum and tidy the beds).
    But has anyone done a cost/benefit analysis of this proposal? How will it impact on unemployment, especially at the low and unskilled levels? Has anyone looked at how the free movement of EU members impacted on the UK?

    Liked by 1 person

  • Bernard Codrington

    Good . Now a meaningful debate has gotten off the ground. Let us concentrate on how to grow the cake and any other products or services that are exportable.
    Is the private sector willing and ready to go?

    Like

  • 2Bernard

    The private sector unfortunately is a creature of the public sector. Do you agree?

    Like

  • Bernard Codrington

    @ Hal A at 4 :46 AM

    Free movement resulted in a vote for Brexit. Are you suggesting we vote to leave CARICOM?

    Like

  • Bernard Codrington

    @ David BU at 10 :28 AM

    The Public sector expanded because the Private Sector did not step up to the plate.

    Hilton. Arawak Cement. Almond Beach. Flour Mill. ICBL. BNB BNOC. National Petroleum. BAMC

    David are you playing Devil’s Advocate or what?

    You formed this blog to make mock sport of black people like me? Go way do.

    Talking about Big Government? Wuh Loss.

    Where is the Big Private Sector? Buying at 5 cents and Selling at 10 cents?

    Like

  • @Bernard

    You are saying the so-called growth in the economy especially in the boom years of the 2000s was ‘artificial’?’

    Like

  • Bernard,
    No. I am a huge fan of CARICOM, and as I have said in BU on numerous occasions, I believe in a Federation of all the Caribbean islands, no matter what language or history.
    What I want is a well tough-out CARICOM, and not the fractured institution we have at present. I want to prevent Barbados falling in to the mess that Tony Blair created when he allowed all new member states of the EU free movement almost from day one. The unintended consequence is that it led to resent by the white working class against the newcomers, and in time, a re-awakening of the hate for black people (see Windrush).
    Immigration will clearly move from the periphery to the centre, from Poland to the UK, from the Caribbean to the US, from Haiti to Barbados. As an economist, you know that an over-supply of labour will impact wages – Bajan wages – which may lead to social conflict.
    The newcomers will also be much younger (older people do not travel), which means they will be at their most reproductive: young children will mean an extra demand on health services, education, jobs, homes, etc. With high unemployment already, and with Barbadians expecting a high standard of living (no matter the level of productivity), mass immigration will impact the standard of living.
    Progressive people who want to see a united Caribbean, and I do, the first task is to think through the issues. Owen Arthur failed to do this; Stuart failed to do it; and Mottley is shooting from the lip rather than engage her brain first.
    Here is a thought: Guyana I bigger than England and has a population of about 750000 (the size of an average of three of the London 32 boroughs); the UK has a population of about 65m. In short, Guyana can hold the entire population of the UK.
    Further, the UK has no natural resources (not even coal), while Guyana has reserves of oil, gold, wood, diamonds, aluminium, etc. Guyana can easily absorb every unemployed man, woman and child in England.
    By the way, I am also a support of a United States of Europe, we must get rid of Brexit.

    Like

  • Bernard Codrington

    @ David BU

    There was nothing ” artificial” about the “boom” years of 2000s.
    They were Public Sector designed and Public Sector driven. There was a transformation of the economy to exploit the growing market for overseas registration of trusts and companies. Expensive and exotic tourists destinations. Exclusive residential properties etc etc. in a country with first world facilities, educated population and low levels of crime.

    We now have to re-calibrate to provide high value goods and services for the new market. We need no spin doctors . We need real entrepreneurs that can spot and execute business opportunities.

    Like

  • Not understanding you Bernard, the growth was facilitated by public sector and led by private?

    Like

  • Bernard,
    The so-called boom of the Arthur years was debt-driven. Thompson inherited the mess. It was the worst period in our economic development since the end of the Second World War – all masked as development.

    Like

  • The prime minister is now saying that the so-called blue economy is crucial to Barbados (I know the chairman in the past Googled up blue economy as defined by the World Bank as proof this nonsense exists). Maybe she will now spell out clearly what role this blue economy will play in our national development.
    Further, what will be the impact on our environment ie over-fishing, give the loss of conch, the limited availability of sea eggs, the desertion from our shores of flying fish, etc.
    We have 3000 fisherpeople who use the same boats and equipment that has been in use for half a century. What improvements is she planning?

    Like

  • Looking like go carts stuck in the mud
    How many years have govt past and present trying to build a Carribbean economy
    A look at liat should be sufficient to tell how wellor no so well the govts of carribbean are willing to build and established a carribbean economy that serves its people
    Barrow words rings truth as to what govts of the carribbean put first and the need to feather their own nest (first )having no appetite to engage or encourage other nations to eat at their table

    Like

  • What is the Barbados Government’s response to the most recent advice of the General Secretariat of the Organization of American States (OAS) with regard to Venezuela? I also wonder what is the position of Ambassador Commissiong?

    “Venezuela is a dictatorship, the National Constituent Assembly was elected through fraud, and the Executive Power and the Electoral Power have illegitimate origins, and the procedures for the composition of their highest magistrates have been either unconstitutional or fraudulent.”

    http://www.nationnews.com/nationnews/news/188310/oas-secretariat-urges-caribbean-ignore-extradition-requests-venezuela

    Like

  • Piece Uh De Rock Yeah Right

    @ Mr. Bernard Codrington

    You are like others here that i admire, a man of few words but purposed words

    You said and I quote “…We now have to re-calibrate to provide high value goods and services for the new market. We need no spin doctors . We need real entrepreneurs that can spot and execute business opportunities….”

    Looka me with my nufftanarian treatises on creating a vibrant knowledge economy, focusing on a new type of “high value goods for new markets and creating new business opportunities” and here you say that in 5 lines!

    When I grow up I want to be just like you!!

    But I am going to ask you this.

    You did not just come up with these ideas did you?

    I am sure that you would have said these same words in many places where you were before didnt you?

    Tell me, what do you think has changed that might bode well for your sentiments @ today?

    Liked by 1 person

  • We continue to blame the public sector bug the private sector is the real culprit. We have a private sector that whine all day and night yet they live like royalty: font pay income tax ( refuse to hand over monies collected for VAT; collect and don’t pay in workers national insurance; bluntly refuse to be innovative; continued to live in the dark ages by refusing to utilized technology and are basically
    playing politics and I could go on and on. The big problem with the NSRL, is the fact that they had yo pay it upfront.

    Like

  • Bernard Codrington

    @ PUDRYR at 2:43 AM

    We are very much in danger of going the Greek route and ending up in a worse economic and social situation.
    Please review the position of the Greek economy after about 10 years of the classic IMF prescriptions. Take note of the level of employment, the per capita income, and the purchasing power of their currency.
    Please note that it is projected they need another 10 to 15 years to restore the real GDP to the level they enjoyed in 2007.

    I was responding to an issue or statement made by David BU. I believe I must have made the same points before and after May 24 2018. Just a voice crying in the wilderness.

    When you get your piece of the rock lend me it so I can start pelting some stones too.
    Wuh Loss.

    Like

  • Bernard,

    Are you familiar with what it happening in Greece? What do you mean by the purchasing power of their currency? The currency used in Greece is the euro.
    The Greek problem was people refusing to pay their taxes(re Barbados with people not paying their VAT, tax and NIS contributions); high unemployment, re Barbados, a situation about to be made worse when low skilled people from all over CARICOM come in to the country, some legally and other illegally; the Gr eek problem was northern Europeans lending Greeks money to buy their products ie the Germans. In Barbados household and corporate debt are at record highs. Just ask the owners of those small, family-owned, badly-managed hotels. The Greek loans came from the Troika, not the IMF alone.
    @Bernard,
    Plse do your homework on the Greek predicament and not guess.

    Like

  • Bernard Codrington

    @ Hal at 10 : 43 AM

    Nice try. Wheel and come again.

    Like

  • Bernard,

    On plain language. What do you mean?

    Like

  • Piece Uh De Rock Yeah Right

    @ Mr Bernard Codrington,

    That pronouncement that you made at 10.24 should be evident to all bajans as it relates to our current condition and our trek to the IMF.

    But unfortunately it is not.

    One side wishes for devaluation BECAUSE IT WILL AWAKEN THE PERMANENTLY DRUGGED and Kadooment mentalities among us bajans but the other side sees the hardships that it will impose on the majority of the population.

    I am awaiting the next Prime Ministerial talk show to hear what Chairman Mia Mao will say about her plans for economic recovery.

    If she does not give some serious proposals 2 WEEKS AFTER HER PRONOUNCEMENTS WE WILL HAVE ANOTHER DEGRADE for our junk bonds and that will compromise our IMF begging position even more than it is now.

    But she is saddled with her Thought Leaders OR WHICH I CAN BE ASSURED THAT, given your no-nonsense attitude, you will not be one.

    You ent no YES MAN.

    Like

  • The prime minister is on record supported by the social partnership that Barbados is committed to a fixed exchange rate. Any other pronouncement is counterfeit.

    Like

  • I agree completely with Mr Skeete, but Mia is not going to go after tax defaulters. Where was he when she abolished the tax clearance certificate requirement? I keep asking people who Mia cares about. Actions speaks louder than words!

    Like

  • Who is the minister responsible for our CARICOM policy. It seems as if the ambassador is the lead person on CARICOM policy for this government. It is also unclear what government policy is; they seem to be making it up as they go along.
    \On major issues such as t he free movement of people, there should at the very least be a widespread public discussion, and, preferably, a referendum. We are here dealing with demographic change.
    A little island of 166 sq miles cannot open its doors to all and sundry, based in particular on low skills. In the early 1960s, Barbados had a population of 150000 and was then considered to be over-crowded, so much so that a delegation was sent to Dominica to see if we could transfer some people there.
    But modern mass immigration is aa massive global problem, with one study stating that 700m people, 14 per cent of the global population, would like to move country.
    In the US, 13 per cent of the population are foreign born, in Sweden it is 18.5 per cent, in both countries three times as high as it was in 1970 – a generation ago.
    And if people travel with their families (young people are more likely to reproduce) there will be demands on health and education, jobs and housing, welfare and social cohesion.
    #

    Like

  • I do not give advice unless it has been asked for, but I will this time: I am not sure if the Chinese communication expert working for the prime minister is giving her advice on raising her profile, but plse don’t. It is bad advice. The prime minister must delegate more, allowing the relevant ministers to lead on the issue under consideration, and at the same time get her pictures out of the papers. In case she does not realise it, she is projecting an image of an autocrat.
    After nearly 100 days in government the only image we have is not of policy changes, but of the prime minister making speeches and attending events. Stop it.

    Like

  • Prime Minister Mia Mottley will address a high level meeting next week as Grenadians prepare to vote in another referendum on whether or not to replace the London-based Privy Council with the Caribbean Court of Justice (CCJ).(Quote)

    Our publici9ty-obsessd prime minister is at it again. Where is the attorney general? Why is she hogging all the limelight? Is this what the Chinese man has recommended?

    Like

  • Is the notion of a fixed exchange rate still viable in the current econo0mic circumstances. Since the beginning of the year the Bajan dollar has appreciated by eight per cent. What is the economic reasoning behind this, in a climate that cries oust for devaluation? What do our econo0ic consultants, those highly paid gurus, got to say about this? Three months in to the new government and still silence about the most pressing issue facing the administration. Where are the apologists?

    Like

  • Could it be she was specifically invited? And given her role in setting up the CCJ?

    Like

  • We all get invitations that we turn down. Her role in setting up the CCJ was related to her job as attorney general.

    Like

  • Now she is Prime Minister and can share the intimate details.

    Like

  • Piece Uh De Rock Yeah Right

    @ Hal Austin

    Hal, maybe in this case, with the 21 of the 29 or is that 30? ministers that she has (or is that 26? I am lost) maybe she has no real choice.

    Look de ole man does be saying dat Teets ent too smart and people does doan know why and it ent necessary to say why neider.

    But what you have to recognize is that at this critical point of our affairs Chairman Mia Mao cannot delegate authority to idiots.

    Even during Fumbles administration DID YOU EVER SEE THAT FELLOW PATRICK TOAD Minister of Sidewalks in the City of Bridgetown pun any platform?

    Or in the newspaper saying anything?

    Steupseeee dese fellers ent de brightest and it does not make sense to risk that and have wunna BU pundits capture the news article from the speific newspaper and assassinate his presentation

    I say wunna cause you dun know dat the ole man does not do things like that No sireeeee

    Like

  • @ Hal Austin August 24, 2018 8:33 AM

    There is plenty of space left in Guyana. Provided you can handle a gun.

    Like

  • “I agree completely with Mr Skeete, but Mia is not going to go after tax defaulters. Where was he when she abolished the tax clearance certificate requirement? I keep asking people who Mia cares about. Actions speaks louder than words!”

    At least Ann, we are agreeing on something for once because I am not joining you on no anti-Mia bashing when there was not a word from you when the previous government was mismanaging the economy and imposing taxation from which no benefit has been seen. However, I must concur with you that neither government would go after tax defaulters because the defaulters cross both party lines at the highest levels. The tax clearance certificate was an ideal tool to pressurize these dodgers who have to travel to check their bank accounts in Miami from time to time. Abolishing the tax clearance certificate maintains the status quo and is an indication that there will be business and this aspect of integrity and transparency in our system of governance will continue to be compromised.

    Like

  • Outspoken local economist Dr Michael Howard says the 1500 public workers sent home last week is not enough bring Government’s ballooning wage bill under control.
    The former University of the West Indies lecturer told Barbados TODAY, based on his calculations, Government’s decision to cut from the lower spectrum of the salary scale while simultaneously granting civil servants a wage increase, has actually increased the wage bill(Quote)

    This is the kind of consensus thinking on economic policy that totally misses the point. Government does not – or should not want to – reduce its wages bill. Rather, it should be thinking of reducing its expenditure, which is not the same.
    It this is the case, a reduction in public expenditure should go beyond making the low paid redundant. What is needed is a proper audit of public spending, which we have not so far got.

    Like

  • Prime minister Mottley is now blaming ‘sabotage’ for the almighty incompetence tat accompanies the BLP government’s blue xhip BERT programme
    She is inclined to believe that the idea is not bonkers, it is the implementation. Nonsense. After just six months the blame game has started. This looks like a one-term government, It will end in tears. Barbados is a failed state.

    Like

  • Williams, however, said the position of the corporation was explained to the Barbados Workers’ Union (BWU) during recent discussions regarding those CBC staff being made redundant following “the restructuring of the corporation to make it a viable entity”.
    He pointed out that the Union accepted that this was the only possible solution because the Corporation has accumulated debt of over $115 million, and while it would wish to pay all outstanding monies in cash, it is simply unable do so because of its cash strapped position.
    “CBC over the past year has been experiencing challenges in meeting monthly payroll and is currently not in a position to settle outstanding retroactive payments in cash.
    “As part of the Barbados Economic Recovery and Transformation (BERT) programme, the corporation’s accumulated debts, including retroactive employee costs are being funded through a bond issue.
    “Under this arrangement employees will receive all retroactive payments in cash commencing April 30, 2019 paid over a 42-month period of equal payments.”(Quote)

    How can you make people redundant then claim you do not have money to pay them off? This incompetence is reaching the level of the Stuart government.
    Redundancies are part of restructuring. If you do not have the ready cash to pay off former staff, then borrow it. It is a short term loan that would be repaid through the savings.
    You cannot sack people, then refuse to pay them. What about their bills? Where is the union?

    Like

Join in the discussion, you never know how expressing your view may make a difference.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s