11,000 without job, 1500 in jail, and gov't taking next $20m loan to start a parole system?

In Feburary Perry say JunkCarn would make the Bahamas $30m..... but we still ein got money or jobs... muh bey...

The estimate of 11,000 jobless youths is grossly understated.....the real number is much closer to 35,000. One must ask: Why in the world does the IDB continue to make loans to our government that other international lending and/or credit rating agencies like the IMF, World Bank, Moody's, S&P, etc. all say the Bahamas will have great difficulty in repaying as a result of the very high foreign currency portion of our national debt and the critical level of our debt to GDP ratio? The developed countries know that they can count on greedy, incompetent officials within the governments of much smaller lesser developed countries like the Bahamas to suck heavily on the lending teat put to their lips, thereby making their citizenry (us Bahamians) vulnerable to the rug being pulled out from under us at any time down the road. And to think Christie and Maynard-Gibson have the nerve to say that their backing of the Chinese enterprises in the Baha Mar debacle is to protect our sovereignty.....the very sovereignty that they are giving away to foreign lenders every time they enter in loan agreements like the one mentioned in this article! What a flippin' joke!!

When was the last time our government applied $20 million to reduce the level of our foreign currency denominated debt? All of these relatively small $20 million loans added up amount to death for the Bahamas by a thousand cuts, as intended by the foreign lenders controlled by the developed countries of this world! As the saying goes: "You must do as you are told when you allow yourself to be hawked in debt you cannot repay!" Just ask the Greeks in Greece today how true this is.

Concur with the assessment of much higher number than 11,000.

A bunch of us were sitting around the other day, discussing the huge amount of school leavers, and no where to employ them, and their lack of literacy and basic skills. One economist opined that all major problems present a money-making solution. Ergo, there must be a way to tap this unexploited human capital of unemployed youth in some way.

Quite frankly, we came to the conclusion that the problem is unsolvable. Someone mentioned getting foreign investment for setting up a call center. One can easily see why that won't fly by watching tourists buy stuff at the Burger King by Sandals or the fast food places on Paradise Island. In many cases the tourists cannot understand Bahamianese spoken by the young people. Here is a direct quote from Facebook about the Swindling statue: "It ain't da fact of hearin da truth we dan know all of dis y bring it back up come on man an een no one under no one spell but can we go a day with out pointin fingers". So call centers are out because of fluency skills in the Queen's English.

Someone else mentioned that maybe we can train some programmers and export software. Again, the education system is horribly deficient in STEM (Science, Technology, Engineering and Math). Our high school graduates cannot do the math that fifth graders do in North America. Grade 11 students participating in non-general courses (university bound) in Canadian schools are doing advanced Integral Calculus. A techie among argued that we couldn't even begin to explain computer science concepts to these kids like polymorphic inheritance, and recursion. You just can't take functional math illiterates and English illiterates and get them to perform knowledge jobs that require a range of varied advanced thinking skills.

Then someone else suggested light assembly type jobs, which would be a perfect fit, except that the power to run the facilities is too expensive, and the labour here is unionized and Asians work for a lower wage. So that idea was out.

The BAMSI idea of making farmers won't work. The failure of various farming ventures throughout our recent history (egg and chicken production etc) won't work because of the high cost of fertilizers. The only thing that will work is the Lucaya greenhouses that require minimal labor and huge investment. So that is out.

The bottom line, is that there is probably no answer to the huge numbers of unemployed. We couldn't think of a single thing that would employ anything like the numbers that Atlantis puts up. And it is doubtful that if Baha Mar gets built, it will not be sustainable because of airlift and Cuba.

So there are no real answers and unfortunately the country is on the road to wrack and ruin.

I get the impression that here in the Bahamas, all has to be big to be good. Big power generation, big hotels, big projects. In reality it should be the opposite. It has been proven ad nauseam in many other national economies that the only job creators are the small and medium size enterprises (SME). The food stand at the corner, the courier service, the web design shop, the print shop. Its hard work, life is hard. The resources used to build a colossus such as Baha Mar could generate 5x more jobs, if the money were invested in SME. 30 to 50 small hotels in Nassau and the out island would generate and contribute more to the GNP with all the rippling effects than building a white elephant and beyond that is more sustainable and manageable by local talent and requires less foreign workers from construction to management. But no, all has to be grandiose here. This is a typical 3rd world mentality and unless we change our approach fundamentally, the situation will not change. Unfortunately there is a huge time lag for the positive effects to kick in, once the policy changed. I agree with Banker, I am not sure whether the Bahamian economy has the power to overcome such a gap. But all this can start, if we come off the high horse and start doing what s doable, not what we may thing is desireable. First we need to start learning to walk before we try to run.

Just for comparison Banker...try communicating with a customer service or technical rep from India, Sri Lanka or the Philippines. It's very frustrating. Their grasp of the English language is not impressive. In fact, it's below average; and the extra long pauses imply they are using some translation service to correspond. Our "D"students, with training and practice, could easily blow them out of the water. But somehow, they make it work...So can we.

Hence the increase in crime, drug use and possession. We need to fix Bahamian homes and teach people to dream again!

i have been in management of small/med size businesses for 30+ years in Nassau.
Every election cycle has brought additonal regulation, employee protection, and state taxation making it harder to open and profitably run small businesses.
The underlying problem is that we have too high a ratio of state employed workers to private enterprise workers. if you work for the state you do not create wealth for the country but in fact suck money out of the system. Obviously we need some state workers, firemen, police, etc. but these workers while valued are still economic parasites living on the wealth created by the private sector.
Our country has only survived economically by borrowing huge some of money from however would lend it to us, the writing on the wall is that source of deficit financing is coming to an end, see puerto rico and greece.
Until we have a government brave enough to deal with our bloated civil service the country will continue to sink.
a case in point of the mentality of out civil servants, last year a state employed zns manager proudly put out a press release that they had hired a talk show host by poaching him with the lure of more money from a private radio station. In the private sector this talk show host would have been an asset to the bahamian economy, as a state employee he is a liability. Of course at the govenment run zns radio station he will not have to work on the days that parliament if broadcasting and will have many more days off than in the private sector. Multiply this example by the tens of thousands of state employeed, figure in the (ignored so far) pension obligation and we have an unsustainable situation.
i hear more and more talk of exit from the bahamas stategies amongst by contempories.
We are marching on bahamaland but i dont like where we seem to marching to.

>We might have to sink first.

Not, might. We will have to sink first, and clear the dead wood first.

Every year, a thousand youth graduate from Family Island high schools and 95% leave and NEVER return .................. no wonder why the Out Islands are dying .......... no Family Island development means that the country will certainly fail ........... how many more can we cram onto New Providence????? ..................... and please don't tell me that BAMSI in Andros is the answer

Far too many young people are jobless and hopeless. The other layer to this, is that a lot of the employed young people cannot take care of themselves and their children on their salaries. Except for the baby boomers, no other generation seems really self sufficient.

It is because the Baby Boomers spoiled & cuddled the younger generations!!!!! ............ That is why they are so LAZY and ENTITLED!!!!

Jobless??????? ........... But, are they not dressed up in the latest fashion, with the latest smartphone, with a driver's license (and a car) and eating well???????

Are there not at least 20,000 non-Bahamians working in Nassau every day?????

Soooooooo, why are there 11,000 lousy-ass young Bahamians not working?????

THIS IS NOT THE DAY TO READ THIS SHIT ...... GET OFF UR LAZY ASSES!!!!!!!!!!

This is the main reason for the gangs and the crime in New Providence. You have to give these young people something to get excited about. Instead they are turning to the quick money, and these thugs saying we care about you. Leading the high crime, drug dependency, broken families, and early death or death of incident by standers. I read this paper almost everyday. Everyone knows what the problems are, but I don't see change. No it's not going to happen overnight, but you have to start somewhere. If everyone started change their homes you would see a major change just with people knowing where their kids are. Making them apply themselves at school, share in the chores at home. Teaching them to be respectable, responsible members of society.

This is the main reason for the gangs and the crime in New Providence. You have to give these young people something to get excited about. Instead they are turning to the quick money, and these thugs saying we care about you. Leading to the high crime, drug dependency, broken families, and early death or death of incident by standers. I read this paper almost everyday. Everyone knows what the problems are, but I don't see change. No it's not going to happen overnight, but you have to start somewhere. If everyone started change their homes you would see a major change just with people knowing where their kids are. Making them apply themselves at school, share in the chores at home. Teaching them to be respectable, responsible members of society.

Should we give them free welfare & baby money like in the USA??????
SMT

no way. that's the point.

*Translation:....* Decades of **P**illage **L**oot **P**lunder and **F**oreign **N**ational **M**ovement abysmal failure to grow the economy commensurate with population growth and educate the populace, only catering to self-interest, asinine political stupidity, and bipartisan corruption is the predominant causes of the current dire straights we now find ourselves.

Compounded with out of control illegal migration, financial repatriations of over 70,000 Asians and Latinos dominating the domestic sector, Haitians dominating construction, Indians dominating Bay Street, Chinese dominating tourism, restaurants and food stores, Africans dominating used cars & tire shops all with governments blessings.

What is left is for Bahamians supposedly to be trained in, is catering to foreigners that own the Bahamian economy!

How will "we" grow an economy in which "we" have had no incentive for involvement? Who did "we" supposedly build this country for?

70,000 foreigners in our workforce?????? ........... WOW!!!!!!!

So, where are the Bahamian workers in the economy???????

Meanwhile, just take a look at the salaries that our neighbours are offering teachers, doctors, nurses and CPAs ........ We will all be leaving soon for greener pastures - if the public and private sector salary scales do not start to reflect the HIGH cost of living that exists in this country .......... After all, the average Bahamian only earns <20K per year.

If that's true I would leave too. I would not work as hard as you do in the hospitality business for 20.000 a year. You can work at McDonald's part time and make that much.

I still say that should illegal immigrants use our money and health facilities to have their babies it costs us the tax payers. Lets spend a slight bit more and enact mandatory neutering at the time of the birth of their child - for both male and female parent so that the cycle stops there.

Why is this a surprise? Young people are unmotivated to learn, do not have goals that extend beyond feeling or looking 'good' and feel entitled to what they have not earned. Most idiotic parents as poor examples. But, do not despair, another 5000 or so will be added to the number in just a few short months!

With real social issues like this, people seem to have more passion for wanting to add marijuana to the mix! How sad!