The blogmaster listened to the contributions of Opposition Senators Caswell Franklyn and Crystal Drakes yesterday and it caused the blogmaster to pause about the state of the country in 2018.
No surprise that Caswell’s response was pro labour and questioned why public sector workers are being sacrificed by BERT instead of pursuing other options. Caswell also made the point that the BLP made all kinds of unrealistic campaign promises despite the perilous state of the economy. Senator Caswell you negated your argument with your observation.
Senator Crystal Drakes clinically used numbers which her training as an economist influenced to question the decision to default on debt and the validity of revenue projections based on BERT extracting one billion in taxes from the economy by her calculation. Again Senator Drakes although earning points for being articulate failed in her presentation to connect some important dots. What are the underlying issues that caused Barbados to be the third highest indebted country in the world Senator? Has BERT addressed those underlying concerns?
A suggestion from the blogmaster to the Prime Minister and her Jong led Communications Team is to go back to basics with the message. What are the key performance indices we have to turn around and the behaviours at the household and business level that must be modified to trigger real change to sustain a quality of life.
The blogmaster is a fan of the Financial Stability Report 2017 and lifted a few of the graphs that capture the economic performance of Barbados in recent years.
The adage a picture is worth a thousand words holds true.