What About the Economy Stupid

Prime Minister Mia Mottley continued the recent trend of making controversial and contentious announcements. She revealed government’s recommendation to rename the University of the West Indies in recognition of the late prime minister Owen Arthur. To honour convention of parliament parliamentarians in the Lower House set aside yesterday to pay tributes to the late prime minister.

The blogmaster has no problem with recognizing Owen Arthur to recognize his contribution to Barbados and the region. The Vice Chancellor and her management team will decide if to accept the recommendation from the government of Barbados, who by the way is its biggest contributor to UWI’s finances.

There is a creeping feeling by the blogmaster Barbadians – as is our inclination – are being distracted by ‘political noise’ and the current dire state of the economy is being relegated. There are several national conversations on the go – recognition of same sex unions, push to be a republic next year, by-election in St. George North and the latest – proposed renaming of the University of the West Indies, Cave Hill. It does not help that the political opposition and media will be consumed by these events and there the masses.

Wait a minute – what about the economy stupid!

186 comments

  • Yeah MAM knows how to bob and weave, distract and deflect, and how to serve red nectar to the Bees. Besides attending, spouting nonsense about one graduate per household and gifting land for expansion how is Arthur linked to Cave Hill that the Campus should have his name? how about naming the economic department after him? or changing St Peter to St Arthur?

    at some point our economic woes are going to come home to roost and then she can resort to her staid but favourite mantra, “the lost decade.” more nectar to the hivers

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  • David,

    You clever fellow. Not a man for smoke and mirrors, are you?

    Waru will be pleased that you picked that up.

    No doubt your point is valid, if not straight out the only important on right now.

    There have to be serious concerns for every household, as to income over the next year.

    Will the unemployed receive extended payments? Will those made redundant receive their full severance, as their right?

    What about those businesses that shut and restart under a new name? Will their employees get the severance they are entitled to?

    Will new businesses be assisted with loans and grants, while the big ones are being bailed out?

    How about food stamps for the poor?

    What assistance in training and set up will the recently unemployed get?

    Lots of questions.

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  • It is sad that people have fixated on the three items in the Throne speech that will have the least amount of impact on their lives.
    But there was a substantial amount on the economy in there.

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  • A week ago we had a Queen’s Speech, and at the first sitting of parliament since then time was taken up with a worthy, if not immediate, issue of paying respect to a former prime minister.
    Have we got our priorities right?

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  • peterlawrencethompson

    @Marginal September 23, 2020 6:35 AM
    “But there was a substantial amount on the economy in there.”
    +++++++++++++++++++
    There was a bunch of economic measures, but they were all stopgap measures with no hope of sustainability. Furthermore, the lack of debate around them means that the usual suspects will raid the public treasury with no effective oversight or controls.
    The major economic policy announcement was giving money to hotels so that they can re-hire laid off staff at 80% of their previous wage. The premise of such a policy is that the tourism industry will have recovered by the time this $300 million is all spent. This premise is, of course, utter nonsense.
    Economic advisor Dr. Avinash Persaud has defended the policy to me by asserting that it is similar to the way that Obama bailed out the banks in 2008. That may be so, but that too was a deeply flawed policy that let banksters of the hook for their corruption which caused the crisis by rewarding them instead of sending them to jail.

    Liked by 3 people

  • @Crusoe@Greene

    Moving around Barbados in the nooks and crannies there is no sense the majority of Barbadians appreciate the grave state of play we are currently combatting. It was so even before covid came along. One listens to the political directorate and other leaders in the NGO sector, media and the old narratives permeate.

    What will it take to disrupt an ensconced way of thinking? There was great hope covid 19 would have been the great disrupter, maybe a second wave will do it.

    Liked by 1 person

  • Greene, come off the political platform.

    Barbados does not own UWI Cave Hill and as such, Mottley can only advocate for the name to be changed. It is not a decision that can be made by her administration. That decision can only be made by the UWI hierarchy.

    Liked by 1 person

  • i think people know. talking to some of my people in Bim who are now unemployed from hotel and tourism related closures and cut backs things are dire but they are blaming Covid more than the govt. prior to covid matters were coming to a head but all that was blamed on the last administration.

    the 300 mil routed thru the tourism / hotel industry is more hopeful than inspirational. why bail out an industry that is likely to be chronically ill for the foreseeable future in the hopes that it would trickle down to the unemployed? why not directly bail out the unemployed knowing that they will spend and keep economic activity partially buoyant?

    is there any requirements for the tourism industry to actually spend this money by way of re employing laid off workers?

    Liked by 2 people

  • @PLT

    Nice to know you know top people. But I am confused. You said Prof Dr Sir Avinash Persaud said the BdS$300m bail out for the hotel sector (not so-called hospitality) is similar to Obama’s 2008 bail out of the US car manufacturing and insurance sectors.
    But am I right in saying that was quantitative easing? And am I right in saying that a few days the BU chairman said the president dismissed QE as (an offensive word)?
    Is Prof Dr Sir Avinash now saying something that contradicts the president? Or do these little factual things not matter?

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  • @Artax,

    he who pays the piper calls the tunes. Bim is one of the biggest contributors to the UWI. if MAM makes a request as politely as she did, do you think she will be denied, given her standing in Caricom and contribution to the funding of UWI?

    the more important question in this regard and one for those making the decision, is why should the uni in Bim have Arthur’s name? i am sure someone will point to the land he gifted and the backing that the uni had when he was in power.

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  • @David and Greene,

    I agree that direct assistance to the unemployed would have made more sense.

    The intended way will result in no accountability and is money into an abyss.

    Just a way of indenturing the workers to the hotels, whereas they should be paying severance to those being made redundant.

    On the issue of second wave, it will not be pretty. Europe, the US, UK and Australia have all been hammered economically.

    Those can, sort of, recover post pandemic, because of their sheer size. Barbados is a secondary market, totally reliant on them.

    I am extremely worried now, about the repercussions.

    Meanwhile Trump fiddles as Rome burns, Johnson and the Tories are completely lost at sea, the West vs China diplomatic battle increases and the UK vs EU Brexit tussle is going sideways because of Johnson’s idiocy.

    This is more than a perfect storm. This is cataclysmic.

    Is Barbados ready? That $300 million would have been better stockpiling food and fuel.

    Liked by 1 person

  • @Artax is correct…… it’s called The University of the WEST INDIES……. maybe Mia believes it’s The University of Barbados?
    If followed through……. and with Sir Hilary as VC, it might…….will T&T then rename the St.Augustine Campus after Eric Williams, the Mona Campus becomes the Manley/Seaga campus, the Open Campus becomes the Mitchell campus, and the recent Antigua campus, the Bird campus…..???? ….when will this stop???

    Liked by 1 person

  • More distraction, saw someone got Guy Hewitt to write puff piece in the UK Guardian and post it to Facebook and it immediately GOT NUKED…with reality..

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  • PTL

    You may be right but there was a lot more that were bailed out than the banks. if there was no bail outs the reccession would have been a depression and a lot of us “little” guys would have been hit a lot harder. a lot of us lost our houses.

    The car industry was also bailed out. GM and ford would probably have gone bankrupt .

    In the covid reccession the airlines and cruise ships are being baled out.

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  • Dear Mia:

    Both DBLP have kept the African descended in Barbados mentality enslaved for over 60 YEARS, you do not maliciously keep your OWN PEOPLE psychologically weakened and enslaved for your own political self-aggrandizement and then complain elsewhere…as Guy Hewitt has written you said…that the people are MENTALLY ENSLAVED, all of you had a hand in keeping the population that way with your slimy brand of colonial politics. I personally have been telling both governments about the mental enslavement pf the majority population for over 8 years, no one listened so don’t complain now. It’s obvious that you do not know what to do to free the African minds from colonial mental enslavement, so i suggest you sit down and let others handle that, it’s not for you, it’s for the people and is not to be twisted into another variation of colonial slavemindedness..

    “Hope springs eternal. In July, on ITV’s Good Morning Britain, Prime Minister Mottley, noting the continued problem of “mental slavery”,

    In addition, the only hope the young Black population have ever had to escape from their predicament created by both governments is the CXC and CAPE exams, so how could many of the results be incomplete and NOT GRADED, kids who took 4 subjects only got results for 2, kids who got all As, got a Grade 6…then you send out your little yardfowl imps and pimps to lie in the media about the results….fix your shit…

    Sincerely,

    Wura

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  • QE was instituted by the FEDERAL RESERVE under BUSH then OBAMA. The feds operate independently from the goverment.
    If i remember correctly, it involved dropping interest rates to “0” and was an economic stimulus completeld different from the bail outs.

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  • It has to be recognized Barbados has a MICKEY MOUSE CURRENCY, operates like a MICKEY MOUSE TURD WORLD country, is a SOVEREIGN FAILED STATE, so the political decisions follow the same MICKEY MOUSE PHILOSPHY.

    Barbados is a populace of PHOTO OP Governance followed up by major irrelevant GUM FLAPPING, has always been and will always be.

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  • peterlawrencethompson

    @ Hal Austin September 23, 2020 7:23 AM
    “Nice to know you know top people.“
    ++++++++++
    Dr Persaud defended the program after I attacked it on Facebook. We have Facebook friends in common, but I am not socially well connected to the ruling elite.

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  • Since this administration plans to build a cruise ship terminal ‘in the north’ ie. St. Peter……. why not wait and name it after OSA instead of the Cave Hill campus???

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  • Dr Persaud defended the program after I attacked it on Facebook. We have Facebook friends in common, but I am not socially well connected to the ruling elite.

    When did Avi complete his doctorate? What was the thesis about?

    Liked by 1 person

  • David
    This should fend off, for a moment, critics of your positions towards this administration.

    Why say anything about economy when its all bad and getting worse by the day.

    As we remarked weeks ago this guvment is seeking any and every distraction to avoid the economic reality.

    If a by-election can be had in St.George why not a general election about the failure to estimate problems.

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  • I have been asking for weeks when will we address the issue of the economy. I was told that would all come in the throne speech. Throne speech came and I heard about gay rights and a republic in detail, but droplets of information on economic reform with no clearly defined plan.

    Now in the press i see they are fears we will not reach our financial targets. No really! So we have done little to address the post covid economy, we have heard nothing on the great ideas from Sinkler and his committee on economic reform, yet we wonder why we will not reach our targets. Wunna for real?

    Liked by 1 person

  • Dullard
    You are asking a question which we did many years ago. It will not be answered. The whores at uwi know the answer because this writer has certain knowledge that that institution earlier refused him there on that very basis.

    Liked by 1 person

  • @Dullard

    Avi only studied and passed a first degree ie: Bachelor level …….. and was subsequently granted a honourary degree (Emeritus Professor) by Gresham College, London.

    Liked by 1 person

  • As for the $300M in aid to the tourism sector being our salvation according to persaud, let me enlighten him there too about the real world and not LALA land where he and others live.

    The Uk is now entering a partial lockdown with Boris warning them that further tightening will come. France has already experienced new cases in September higher than what it was having in March. Much of Europe is in a situation where new covid cases are on the rise. Well dont even mention the USA cause they never got it under control there and still averaging 40,000 new cases a day.

    So lets pop cross to Canada now and see how many tourist we can expect from there. Well one airline has now suspended service based on lack of demand so that leaves air canada coming. If we have a look at Air Canadas load in October we will see that some days flights have as few as 25 people on them. If this continues look for a reduction in flights to once a week or one every other week. Yet this is the horse persaud and all them banking we recovery on!

    I said here after the throne speech half of that $300M should of been put in agriculture and alternatice energy projects. Wunna understand now why I said this?

    Liked by 1 person

  • “ We must never reach that level to talk about $2.7 billion in reserves and so many poor people ……… worrying about no housing , no food, can’t feed their children, young men on the streets doing anything…..that is the environment we are in……
    Trevor Prescod , MP, BLP
    ( Barbados Today 9/23/2020)
    For those who don’t know Mr. Prescod , is a Barbadian who lives overseas and really knows nothing about what is going on in the country. He is also considered to be a political lightweight.

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  • That’s what I said as soon as the speech was over. The measures are the equivalent of patching a pothole, not building a new and improved road.

    I don’t think we have arrived at the momentous change in mindset that this experience should have brought into being.

    After the injection of the taxpayers’ money into the hotels, will it be business as usual when things are up and running again? What are the conditions under which this support will be provided? Should not the hotels be forced to recognise their social responsibilities and focus less on the strict bottom line?

    We the people will not pay taxes for them to reap 99% of the sweets!

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  • WURA,

    Is that really so about the CXC results? We have not yet checked.

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  • @ Donna
    “ We the people will not pay taxes for them to reap 99% of the sweets!“

    Sorry to inform you but we have already done that.

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  • @Artax

    Why make the recommendation public at this time? Allow the VC to consider the recommendation first.

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  • WURA,

    You are indeed correct. My son has been marked absent for two examinations for which we have the receipt.

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  • @Pacha

    Today it is DLPites, yesterday it was BLPites. Who will it be tomorrow?

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  • @ Pacha
    Interesting, though not surprising.

    @ks
    I have heard of this previously.

    The wider point is this. If I seek and exploit privilege based on an honorific title of no real academic weight; what else would I not use for personal gain and self-promotion? If I deal crookedly with $3 how can I be trusted with $ 300 million?

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  • @Dullard… yuh too right.

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  • @ John A
    The history or major pandemics has shown that the 2nd wave can be worse than the initial one. With low sero -prevalence in the order of 5% there is certainly scope for many more to persons to become infected.

    The Dullard is absolutely baffled as to why the Bdos policy makers think tourism will make a quick rebound. All the evidence is pointing to a miserable next several months óf grappling with CV19 over the winter flu season and the reintroduction of partial or full lockdowns.

    This translates to no return of mass travel. There is also the lingering possibility of at least one legacy airline going bust as they are all hanging on by the thinnest of financial threads.

    Liked by 2 people

  • Unless Barbados has plans to create ” Convalesing Resorts and Hotels for tourist exposed to or infected with covid 19 the Tourism industry will stagnate indefinitely.

    Bajans already cutting and contriving while the politicians spinning the ” required optimism “.

    Vincent Codrington already mentioned the ” circular economy ” but you still needs more new sustainable industries and businesses .

    Anyone who reads the local newspapers knows Barbados is in an economic quagmire.

    Buh doan mine me. Let BU’s brightest share their wisdom.

    Liked by 1 person

  • “You are indeed correct. My son has been marked absent for two examinations for which we have the receipt.”

    They will tell U that you have to pay $100 to dispute it. That’s what they are telling the kids who want their grades reviewed. Last person who did that, had completed university and already a mother when Ronald Jackass Jones confirmed the cockup 7 YEARS AFTER it happened with CAPE ….back in 2010.

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  • Govt boasting once again
    Welcome stamp brings in 1million dollars
    Hands long out in tourism industry
    Meanwhile small business in bridgetown collapse daily

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  • I came across this article in the “Daily Mail” UK. It is topical.

    Barbados’s move to drop the Queen as Head of State ‘is being driven by Chinese interference’, claims MP
    Tom Tugendhat said Beijing was playing large role in the island nation’s decision
    Barbados signed on to China’s ‘Belt and Road’ initiative in 2019, opening up trade
    CIA intelligence about Chinese activities in Barbados reportedly shared with UK
    By KUMAIL JAFFER FOR THE DAILY MAIL and JAMES GANT FOR MAILONLINE

    PUBLISHED: 00:46 BST, 23 September 2020 | UPDATED: 16:10 BST, 23 September 2020
    Pressure from China is driving the campaign for Barbados to become a republic, a Conservative MP has claimed.

    Tom Tugendhat, chairman of the foreign affairs committee, said Beijing was playing a large role in the island nation’s decision to remove the Queen as head of state.

    Barbados signed on to China’s ‘Belt and Road’ initiative in 2019, opening up trade between the two countries.

    Meanwhile CIA intelligence in the US about Chinese activities in Barbados has now reportedly been shared with Britain.
    Mr Tugendhat told the Times: ‘China has been using infrastructure investment and debt diplomacy as a means of control for a while and it’s coming closer to home for us.

    ‘British partners have long faced challenges from rivals seeking to undermine our alliance.

    ‘Today we’re seeing it in the Caribbean. Some islands seem to be close to swapping a symbolic Queen in Windsor for a real and demanding emperor in Beijing.’

    China has poured billions of dollars of investment into the Caribbean in recent years while signing tax and trade deals in an attempt to wrest the region out of the West’s sphere of influence and bring it under the sway of Beijing.

    The Chinese government has invested at least $7billion in six Caribbean nations since 2005, records complied by the American Enterprise Institute show – building roads, ports and the five-star Baha Mar casino and resort in the Bahamas.

    However, the true scale of Chinese investment in the region – which can often be opaque and funneled through private companies – is thought to be much higher.

    Meanwhile eight countries have signed on to Beijing’s Belt and Road initiative, including Jamaica, Barbados and Trinidad and Tobago.

    Agreements have been signed place to deepen trade ties along with building bridges and airports, an improving energy and telecommunications networks.

    China has been particularly generous with nations that have agreed to cut relations with Taiwan – a country in the East China Sea which Beijing claims as a province – and recognise the Communist Party as the supreme authority.

    In 2005, China rewarded Grenada, which has an annual GDP of just $1.8billion, with a brand new $55million cricket stadium after it cut relations with Taiwan.

    Similarly, in 2018, the Dominican Republic was lavished with Chinese investment thought to have topped $3billion after it also cut ties with Taipei.

    Barbados, meanwhile, is has received at least $490million, mostly as investment in the tourist sector, but is also thought to be benefiting from private deals.

    The country has established beneficial tax deals with Beijing in recent years in an attempt to make itself a hub for Chinese financial looking to invest in South America.

    In 2019, a permanent branch of Invest Barbados was established in Beijing to help attract this investment.

    Also last year, Barbados signed a Memorandum of Understanding with China, making it part of the country’s Belt and Road initiative – otherwise known as the new Silk Road.

    The agreement promises development of Barbados’s shipping, aviation, infrastructure and agriculture sectors.

    Barbados has maintained strong relations with Britain even after gaining independence in 1966, but last week announced it would become a republic in 2021.

    A speech written by Prime Minister Mia Mottley quoted the Caribbean island nation’s first premier Errol Barrow’s warning against ‘loitering on colonial premises’.

    Buckingham Palace has said Barbados’ intention to remove the Queen as head of state and become a republic is a ‘matter’ for the Caribbean nation.

    Reading the speech, Governor-General Dame Sandra Mason said: ‘The time has come to fully leave our colonial past behind. Barbadians want a Barbadian Head of State.
    ‘This is the ultimate statement of confidence in who we are and what we are capable of achieving.

    ‘Hence, Barbados will take the next logical step toward full sovereignty and become a Republic by the time we celebrate our 55th Anniversary of Independence.’

    Asked to comment on the Commonwealth country’s plans a palace spokesman said: ‘This is a matter for the government and people of Barbados.’
    Downing Street said it was a ‘decision for Barbados and the Government there’ but that Britain would continue to ‘enjoy a partnership’ with the Caribbean island nation as members of the Commonwealth.

    A Number 10 spokesman said: ‘We obviously have a shared history and remain united with Barbados in terms of history, culture and language, and we will continue to have and enjoy a partnership with them as members of the Commonwealth.’

    The country gained its independence from Britain in 1966, though the Queen remains its constitutional monarch.

    In 1998, a Barbados constitutional review commission recommended republican status, and in 2015 Prime Minister Freundel Stuart said ‘we have to move from a monarchical system to a republican form of government in the very near future’.
    Most Caribbean countries have kept formal links with the monarchy after achieving independence.

    Barbados would join Trinidad and Tobago, Dominica and Guyana if it proceeds with its plan to become a republic.

    Jamaica has also flagged such a transition, with Prime Minister Andrew Holness saying it is a priority of his government, but has yet to achieve it.

    Barbados took another step towards independence from the UK in 2003 when it replaced the London-based Judicial Committee of the Privy Council with the Caribbean Court of Justice, located in Trinidad and Tobago’s Port of Spain, as its final appeals court.

    Former Prime Minister Owen Arthur promoted the idea of a referendum on becoming a republic in 2005, however the vote was called off due to concerns raised by the Electoral and Boundaries Commission.

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  • The review is for grades that are being questioned and is returned if an error is deemed to have been made. I don’t see how they can make me pay when I have a two receipts that say present and they have marked him absent. That is not a review but an obvious error on their part.

    They should waive all review fees this year considering that errors seem to be widespread and many are struggling to put food on the table. Most people can’t even find a family member or friend with the money to lend.

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  • Barbados does not need China to aid it in its agriculture since UWI is available. Speaking as some one trained in the field.it is the usual thing about outsiders knowing more than local. Barbados seems to be very desperate but as I have said, the current PM is solely talk and does not seem to have any long term ideas apart from the same sex thing.

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  • @RL

    long time no hear man? how are you? what are your thoughts on that article?

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  • But we know US intelligence cannot be trusted, dont we? 😊

    At least that is what Trump has said. Are we now to believe American Intelligence – what Trump has consistently dismissed as hoax after hoax after hoax after hoax after hoax after hoax……..??????

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  • “Meanwhile small business in Bridgetown collapse daily.”

    Please explain how this is ‘government’s’ fault?

    Although I don’t agree with ‘government’ offering financial aid to the tourism industry in this post COVID-19 environment, especially under circumstances where the evidence indicates it is not set to recover anytime soon. But, I understand the reasons behind the gesture. Players in the industry should be encouraged to be a bit more proactive and innovative.

    What assistance ‘government’ should offer to “small business in Bridgetown,” so as to facilitate, for example, the upkeep of people buying clothes, shoes, curtains and clothe?

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  • Donna…people are very angry. Rightfully so. Their incompetence and arrogance is world class.

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  • Nearly every country in the world patching. All yuh could really hush and go plant some food. Talk and no solutions.

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  • Businesses are failing in Bridgetown because both transient and worker traffic has been diverted for years now.

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  • As for the British Intelligence – they have a “dossier” on us now? Tell Trump to stuff it where he put the Steele dossier!

    Why should they care if this “shit hole” country allows Chinese to shit here?

    Didn’t they more or less dump us after the Soviet threat was no more?

    Does this explain the recent talk about the revival of Caribbean Basin Initiative ?????

    Are we important again?????

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  • I am doing my part. Dem tell me to plant food. Food already being planted and reaped. More seedlings to be transplanted today.

    But I voted for them to find solutions. Is that not what we pay them for?

    I being obedient. I planting …. and watching.

    P.S. I see wuhnuh bragging about Peter’s idea. The ideas score seems to be (read in the old style of the BBC radio sports presenter of football scores)

    Barbados Underground Blog – One, Government of Barbados – Nil

    Oh dear!

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  • “Businesses are failing in Bridgetown because both transient and worker traffic has been diverted for years.”

    And this is why regeneration is necessary to create a Bridgetown that differentiates the city from its competitors. But one of BU’s scholars brought Jesus down off the cross to attempt to prove UR is not a public good.

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  • Donna
    Wunna? You mean the BLP?

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  • “Govt boasting once again
    Welcome stamp brings in 1million dollars
    Hands long out in tourism industry
    Meanwhile small business in bridgetown collapse daily”

    Why are the small business in bridgetown collapsing daily?

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  • It is clear that some people have a problem with what BU calls comprehension. As I remember it, that argument was specifically about the compulsory purchase of Ms Ram’s property to be sold to a private developer under the guise of urban renewal. That is theft.
    A private development such as Hyatt is not in the public good. It may be good for the developer’s bank account. The first principle of debate is not to misconstrue or deliberately misinterpret what others say.
    It is not only discursive dishonesty, but shows a lack of basic understanding. That is what happens when you are the only black person in a New York marketing office with only a fellow Caribbean graphic artist. You become detached from reality.

    Liked by 1 person

  • @Donna, 1140am

    Top shot, gone through extra cover for four!

    Either the intelligence services are trustworthy or not.

    Cant be nit so one minute and then so the next.

    Chinese what. Look, the population want to tell the monarch goodbye because that structure is from colonial days.

    The same for Nelson statue. That represents the slave trade era. And no, that statue was not put up by Barbadians in all walks of life, ss some schills are stating boldly. Total nonsense.

    How could a statue, erected in 1813, thirty years before the end of slavery in 1834, have represented all Barbadians?

    Totally moronic statement, pushed by schills with an agenda.

    Carry long it, nuh.

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  • let me change that a bit

    “Hands long out in tourism industry
    Meanwhile small business in bridgetown collapse daily”

    isnt the lack of tourist helping send some of these small business into calaspe?

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  • @ Robert

    Welcome back. Has this Chinese deal been discussed in the House of Commons, or referred to by our media? Who agreed to sign this deal, if true? What happened to our democracy?
    We can ignore Tom Tugendhat.

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  • Enuff,

    Those whom you defend regardless of what the topic.

    I am was not expecting any magic formula. I already acknowledged that a patch is better than a pothole. But we have to start looking at building a sustainable new road fit for a purpose. AS SOON AS POSSIBLE!

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  • John,

    Broad Street was deading long before the pandemic.

    Bridgetown is now a local retail shopping area really, apart from Cave Shepherd and a few government services.

    Locals no money to spend so no business.

    Maybe it is fit that Nelson sits at the head of a street that is past its sell by date. An icon of the past British maritime era, standing guard to the graveyard of the colonial era commercial hub. As far in the past as the British and plantation era merchant class stores of Fogarty, DaCosta & Musson, Harrison’s, the old Cave Shepherd.

    Maybe Fogarty’s burning signalled the changing of the tide.

    Interesting that the Fogarty’s store is still going in Guyana, owned by Laparkan.

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  • That’s true, David BU……. and this was evident long before COVID-19.

    There is also the problem where there are several small businesses offering similar good and services, competing with each other for the same target market.

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  • @ John A, agreed the focus on the Throne Speech should have been on sustainable agriculture and renewable energy. There will be no recovery for tourism until a working vaccine is found. The bailout funds should have been used on those two plus providing food and shelter for those in need. Covid-19 thrived in the US in the colder weather and the North West is already seeing a spike in cases. The second wave may have already started.
    Neither cosmetic changes to the system of government nor same sex unions will affect the economy.

    Liked by 1 person

  • Crusoe

    Thanks, i am well aware of Bridgetown dying. we also had that topic here on BU a few months ago.

    What percentage of the economy was the tourist industry?
    Didnt the economy contract by 27% last quarter when there was no tourist?

    I am pointing towards the stupid statement that we ar begging for the tourist and cannot see how its was keeping business opened.

    lot more business close because of no tourist, not only in Bridgetown.

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  • “Businesses are failing in Bridgetown because both transient and worker traffic has been diverted for years.”

    The naked truth of bridgetown demise lays also at the movers and shakers in the tourism industry
    Who for the best part rather see Bridgetown fall down in the state that it has fallen
    Reason being that for them the bottom line is the dollar
    A dollar that they cling to with self interest
    Bridgetown still have great potential one that can source great revenue
    A place that can create growth
    A place that if and when govt have the balls they can create an environment that is culturally and historically beneficial to tourism and country
    However i believe that such a concept might drive fear into the movers and shakers of the tourist industry who have already created an atmosphere of wholesomeness within what can been seen as one stop place for shopping and entertainment leaving nothing for outside interest such as bridgetown to hold on to

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  • When did Avi complete his doctorate? What was the thesis about?…(Quote)

    Here is a direct and simple question for our media to put to Prof Dr Sir Avi Persaud.

    Like

  • peterlawrencethompson

    @Mariposa September 23, 2020 11:11 AM
    “Welcome stamp brings in 1million dollars”
    ++++++++++++++++
    Sometimes I despair about the Barbados Government. I mean really…
    The point of the Welcome Stamp is not to bring in pocket change in visa fees. The point of the Welcome Stamp is to boost FX domestic spending at businesses right across Barbados. That $1 million in fees is not the point; the point is that those people are going to spend about $24 million over the next year in rent and car rentals and restaurants and groceries and SIM cards and broadband and everything else that they will buy while they are in Barbados. If they marketed it better it would easily generate half a billion dollars in extra domestic spending by the end of next year,

    We brainstormed the concept of inviting people to work remotely from Barbados right here on BU. Not just me but a whole bunch of us contributed by critiquing and refining the idea: Tron, Critical Analyzer, Dullard, Hants, Greene, Northern Observer, Hal Austin, William Skinner and others. We gift wrapped it and gave it to the Barbados Government free of charge. We gave them a goose that lays golden eggs and what do they do with it? they sit around boasting about its feathers. Don’t waste time telling me about the feathers, weigh the godamn eggs.

    Like

  • The Bridgetown model has to change.
    How consumers spend in the retail sector has changed.
    The pervasive practice these days is to buy online. There is a lot of transformational work to be done. If not now, when?

    Like

  • Donna
    Keep reading, it is all out there; but the BU posse prefer same-sex unions, the GG needed water and them kinda topics. I gine live to say I told wunna so….watch muh!🤣

    Like

  • @PLT

    Have they said thank you? I have told you about my experience with Invest Barbados. Strange culture.

    Like

  • Let make it clear that the texts cited below are not part and do not support any personal attacks.

    I was coming to the conclusion that many of us present our arguments in a dishonest manner. We conveniently add/omit/forget/argue both sides of an argument when it suits us. It seems as if the core is often missing.

    “It is not only discursive dishonesty”

    “Either the intelligence services are trustworthy or not.

    Cant be nit so one minute and then so the next.”

    Like

  • @Peter

    Can you blame the government and Lisa Cummins if the media house preferred to focus on the narrow element of the initiative?

    Like

  • One moment we speak of billions.
    Then hundreds of millions
    Then tens of millions
    Then we act excited about one million.

    Something is wrong if this project is measured in one digit millions or brings in only 24M. If so, then we desperately need additional ideas.

    Like

  • @ Theo

    The average London home is valued at more than Bds$1m.

    Like

  • When we just shift the decimal point and then feel good, we are playing games with ourselves.

    Like

  • @ TheOGazerts,

    Any single person going to live and work in Barbados for 1 year will spend at least BDS $80.000.

    A family of 4 will spend at least BDS 120.000 a year.

    There could also be a significant number who will spend $500.000 or more.

    Like

  • Can you blame the government and Lisa Cummins if the media house preferred to focus on the narrow element of the initiative?

    It is clear that the govt has no clue how to extract maximum benefit from the initiative. The BWS is a simple, beautiful idea — if properly implemented. Our competitors are jumping on the bandwagon and Bdos will soon lose its first mover advantage.

    Whose fault is that?

    Like

  • @ Enuff

    That joker Hal Austin does really make me laugh, yuh hear. Give he enough rope and he gine be sure to hang himself. A few days ago Austin and another fellow, Michael Campbell, had a argument bout Austin associating whatever people in the government say with the prorogation of parliament. Austin said Campbell does fabricate things just like the people on BU and ask him to……..Plse cut and paste anything said by members of the administration that I have associated with the prorogation. (Quote)

    Campbell do just that by copy and pasting …. Hal Austin September 5, 2020 at 3:32 AM Member states of the Commonwealth do not have embassies, but high commissions. Embassies are the diplomatic offices for none commonwealth nations. YET ANOTHER IMPORTANT DECISION MADE DURING THE PROROGATION OF PARLIAMENT. (Quote)

    Guess wuh Hal Austin do? He said…… The statement about high commissions and embassies is a statement of fact, a correction. (Quote). You imagine that?

    He then went on to say…….About an important statement made during the prorogation. Mr Bostic is minister of health; does a minister of health normally make a government statement on a new diplomatic mission? Why was it left to him and not the minister of foreign affairs, or the prime minister? (Quote)

    I hope you notice how he sidestep the original argument and twist he mouth and went on to talk bout DIFFERENT things? You notice how he NEVER ADMIT that he associate what a member of the BLP said with the prorogation, but talk bout who should be the body that should talk bout the embassy……something COMPLETELY DIFFERENT?

    Enuff, that ain’t the SAME THING as MISCONSTRUEING AND DELIBERATELY MISINTERPRETING what Campbell said?

    And you could imagine he got the gall to tell you…….The first principle of debate is not to misconstrue or deliberately misinterpret what others say. It is not only discursive dishonesty, but shows a lack of basic understanding. (Quote)

    Hal Austin fuh real? The man is a real hypocrite.

    Like

  • a good fire wants setting to Bridgetown and its environs.

    Like

  • @ Greene

    That is arson.

    Liked by 1 person

  • “ We must never reach that level to talk about $2.7 billion in reserves and so many poor people ……… worrying about no housing , no food, can’t feed their children, young men on the streets doing anything…..that is the environment we are in……
    Trevor Prescod , MP, BLP
    ( Barbados Today 9/23/2020)
    For those who don’t know Mr. Prescod , is a Barbadian who lives overseas and really knows nothing about what is going on in the country. He is also considered to be a political lightweight.

    xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

    ONE READS THE SAME SHITE EVERY DAY ON BU THAT THE BLP CAN DO NO WRONG AND THE 2×3 ISLAND EVERYONE IS LIVING IN PARADISE IN BLISS.

    THE REALITY IS MOST ARE SUFFERING AND MANY LIVING IN DIRE POVERTY.

    YET SOME SEEM TO LIKE COVER-UP TO DETER FROM THE REALITY ON THE GROUND.

    INDEED LOCAL BAJANS MUST BE THE MOST STUPID AND GULLIBLE PEOPLE ON THE EARTH TO CONTINUE MUSICAL CHAIRS OF BLP VS DLP.

    Like

  • Mr Prescod’s observations are correct. The problem is we need more and louder voices pointing out these things.

    Like

  • @ Greene,

    Like other cities around the world have done, Bridgetown needs rebuilding. The housing in surrounding areas need to be replaced .

    Barbados has people qualified to do city / town planning.

    The problem could be the interference of politicians.

    Like

  • @John A

    Given the contribution of the hotel sector to the economy, number of employees at home, the effect such a large unemployed force will have on the economy. You still support not subsidizing the hotel sector? Allow it to fail?

    Like

  • @Hants
    I noticed that you tend to avoid the noise and dispense hard facts.

    However, your numbers above have the TheO network computer system working overtime. I would be glad if they are true, but I will have to ask you to provide the elements on which you based your calculations.

    It seems as if you expect workers who are in a ‘high’ wage category. I suspect that this may be similar to projecting tourist spend without including beach bums.

    I can be persuaded that I am wrong, but more details are needed.

    Like

  • @ John A

    I said here after the throne speech half of that $300M should of been put in agriculture and alternatice energy projects. Wunna understand now why I said this?..(Quote)

    It is not the role of government to be selective with the sectors of the economy it will support. Government should introduce policies with conditions, and if sectors meet those condition, then they get the support.
    The hotel sector employs about 15000 staff at the peak, but it is not clear how many have been made redundant and how many are on furlough. The sector also accounts for about 45 per cent of the economy, up from 40 per cent.

    Like

  • “Look, the population want to tell the monarch goodbye because that structure is from colonial days.

    The same for Nelson statue.That represents the slave trade era. ”

    but so too is the colonial system, Elizabeth must be losing her touch, because were it me, you want to get rid of me, i give you 6 months to dismantle my colonial system, it came as a package, give it the hell back…the rest is your problem, since ya so brilliant..

    …ya sure as hell not going to piggyback on a system i created….because it’s very clear, ya are a wannabe dictator/slavemaster.

    Like

  • this is the part that got me going…

    the rest is your problem, since ya so brilliant….construct ya own SYSTEM of governance etc…

    ya complaining about the people still mentally inslaved, ya are not even intelligent by a yard to dismantle that, but want to hijack MY COLONIAL SYSTEM…ha!!!

    Like

  • “Barbados, meanwhile, is has received at least $490million, mostly as investment in the tourist sector, but is also thought to be benefiting from private deals.”

    oh well, hell to pay that back now, so goodbye sea and airport..

    gotta pay BIG TIME for screwing the BLACK POPULATION over with the medical marijuana and the trade….TEK DAH..

    Like

  • Bridgetown and Greater Bridgetown is a dump. Belmont Rd, Bay St, Jemmotts Lane, Baxter’s Road and its offshoots etc etc etc.

    I feel dirty whenever I go there.

    A disgrace.

    The old shacks need to be knocked down. Yesterday. Proper housing needs to be built for the people.

    Like

  • @Hal

    a good fire is not arson. it is an opportunity for rebirth and renovation

    Like

  • Robert
    Hal Austin is a liar!

    Like

  • @ Hal
    @ David

    The point is the hotel sector did well for us Post Covid as sugar did for us in the 60s and 70s. The mistake you are making is looking at the tourism sector post covid and expecting the same salvation. It will not be tourism this time around that saves us and you can either accept it or deny it.

    The World Ecomomic Forum as of September is forecasting that Covid will cost the global ecomomy between $8.5 trillion USD and $15 trillion USD by the time its finished. The reason for the massive variance is due to the inability to predict how many waves we may experience.

    Now after you digest the above rememeber total global activity in 2019 was around $142 trillion. The problem is while a global loss of GDP could run at 10%, some sectors like tourism and luxury goods will suffer a much worst fate, as is already happening. Look at global toursim figures for the last quarter and compare them with the same period of last year, if you want to get a true feel for where we stand. Here for example we are off over 85%.

    So if you think pelting $300M in tourism will make a difference wunna fooling yourself, THE MARKET IS NOT THERE NOW NOR WILL IT BE IN THE SHORT TO MEDIUM TERM.

    Imagine you own a 40 ft fishing boat fishing in a barren ocean with few fish, you think buying a 60 ft fishing boat to fish in the same barren ocean going increase your catch?

    All businesses survive on one rule from the dawn of time and its without demand increasing supply is economic madness. This applies whether you were selling sundials in the old days or watches today.

    Like

  • @ John A

    Sadly, the government’s economic policy, or what passes as a policy, is so wrong. Yet , intelligent Barbadians are remaining silent on this. What is going on?
    Now we have reports of the Chinese New Silk Road. Again, no discussion in parliament; our muzzled media remains silent, or just out of it; and our academics and public economists are missing in action.
    And here we are on a blog discussion inanities.

    Like

  • Fellows its like saying if we ploughed up the entire island and planted sugar today we could return to the sugar boom of the 60s and 70s. Making this assumption today but forgetting to factor in either the market, cost of production and market forces of today.

    I told wunna already stop thinking post covid by using the same mental perameters as you used pre covid. “DEM DAYS DONE.’

    Like

  • @John A

    You have done your bit. There is nothing more you can do.

    Like

  • @ Hal

    If you rememeber a few weeks ago right here on this blog we were chatting and I told you that I dont get the impression government understands the radical economic change that is needed post covid. You told me tongue in cheek it would come in the throne speech. So I rush home and hear about same sex unions and a republic, like if 40,000 unemployed bajans could eat either of them.

    Then this week I read in the paper that government concerned about not reaching their targets. Really l wonder why!

    Like

  • As soon as one topic has reached the fifteen minutes of chatter
    Along comes Mia with other distraction twist
    UWI named to be changed to OSA University
    This govt has found a formula to keep minds away from the economic realities

    Like

  • UWI named to be changed to OSA University.

    Mariposa, when Mia Mottley say UWI is to be named OSA University?

    And you accused Gline Clarke of telling lies?

    Like

  • @ TheOGazerts who wrote ” It seems as if you expect workers who are in a ‘high’ wage category ”

    Yes I do.

    Like

  • Michael did not Mia state that she is proposing that UWI named changed to OSA
    My original comment however did not say in the context you have written it
    However Mia words had intent with a proposed idea to a name change
    Yuh see how wunna blp yardies like to change or defend Mia and ministers words
    How come u did not place focus on the proposal instead of questioning the contents of my comments
    Comments which were written to shed light of Mia way of executing distractions in the public sphere
    Furthermore for you to say what i wrote is a lie is an untruth which u rather forward to provoke with mischievous intentions against me
    But i would not be disturb

    Like

  • @ John A

    The distraction tactics of the prowlers prevent any serious discussion of the acute crisis facing the nation. We still do not get clear answers about anything.
    But, in a very Barbadian way, people jump in and provide answers. In December we were told that White Oaks had reached a PROVISIONAL agreement with creditors; since then the IMF has said it was happy with government policy. But, as far as I can tell, there has been no statement saying that there has been a full and final settlement with creditors.
    We have had people offering all kinds of explanations, but not a simple incontrovertible answer. We are now told that Barbados has signed up to the Chinese New Silk Road project; but, to my knowledge, this was not discussed in parliament nor even mentioned in our press.
    In the Queen’s Speech, historically a list of proposals for the forthcoming parliament, there were a number of conclusive policies not discussed in parliament. This is government by decree, not what happens in a parliamentary democracy.
    @John A, would you believe that the UWI Cave Hill has a professor of tourism economics? Why is he hiding away? What is his view about the government’s $300m package for the sector? His only public comment so far is about the CoVid package of $40m.
    Ordinary Barbadians are being failed by the politicians, academics, public intellectuals, the media – and the blogs. They are on their own.

    Like

  • “For those who don’t know Mr. Prescod , is a Barbadian who lives overseas and really knows nothing about what is going on in the country. He is also considered to be a political lightweight.”

    right..so what is he doing sucking on taxpayers money, why is he being paid. Cause i could swear he was just recently a minister in the government and was managing the taxpayer’s printery and everything. So how has he suddenly have immigrated and is now resident somewhere else, his is an overseas assignment at taxpayer’s expense.

    Ancestral spirits are roaming and he is not connected.

    Like

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