With NIB payouts (expenses) now exceeding its revenues (workers contributions and returns on investments) government must really tread carefully as it continues to fire people. Not only does it push up the rate of unemployment and put additional burden on NIB and Social Services but it sends shock waves through the private sector who, too, may want to shed workers. This then will have negative impacts on the economy and the downward spiral will continue. While government may have saved $75 million on workers who got sent home, the real effect of this on the economy is much more. The code words now should be JOBs, JOBS JOBS and not fire, fire, fire. Even bid business is hurting now.

Soooooooo, when did Michael Foulkes take over BAIC????? ......... When was Pastor Emmanuel fired?????? ............. Jesus, take the wheel!!!!!!!!!!!

This is a good start and it is in the best interests of the country if this policy of the government ridding itself of as many of these fiscal parasites that we call civil servants as possible continues. They do not create any wealth in an economy but only suck the wealth created by the private sector or live off money borrowed by the government that our children's children will still be burdened with. It would be good to amend the constitution so that no government could expend more than it collected in taxes, no government could hire on government workers in excess of, say, 10% of the total work force available in the country. Also the outgoing Prime Minister's pension should be put to the people in a referendum to choose and not these millions of dollars we have to pay out to corrupt buffoons and their spouses, when deceased, who have totalling mismanaged our economy. A referendum is very unlikely to happen in my lifetime as these politicians have seen what happens to then when one is held, and they want to stay in power more than they want to act righteously.

hrysippus,
I generally agree with you.
I would like for you to read the attached article for a different slant.
https://www.counterpunch.org/2018/01/22…
I found it rather enlightening.
Thanks

Hi Porcupine, thank you for the link, it is an interesting point of view but despite Mr. Kavanaugh's propensity to use long words his arguments have a couple if flaws. First, Taxes were first raised in the precursors to our modern democracies to buy weapons and pay soldiers to make war and were nothing to do with stopping the rich get richer. This principle is still in effect. Secondly he discounts the relationship between the value an economy produces and the amount of money created by the government to represent that wealth. The result of ignoring that relationship can be seen today in Venezuela and in many communist countries in the past. The central bank controls the money supply in this country, why not have the bank print an extra five hundred dollars per week and give that to each citizen, then we would all be rich, right? No, wrong, we would just have hyperinflation and the cost of imports would climb drastically high such that most of us would not be able to afford the. One of my forebears was a founder member of the Fabian Society who not only informed much of the early socialist thinking but also founded the LSE where several of our socialist NPs got their ideas. So interesting ideas but wrong. It may also have been a mistake to quote Henry Ford who was known as a racist bigot who supported the ideals expressed by Germany's National Socialists,

Perry doesnot deserve a pension. Wutless!!!

exactly.

Agreed.

Don't give Perry all of the credit. Hubert Ingraham held the reigns of friends, family, and lovers governance longer than Christie Ingraham is even more guilty of pandering to special interest groups and running the country into the ground while grinning all the way to the bank!

Whilst I understand how difficult it is being unemployed, can someone please tell these people. they are not entitled to a job. You work at the pleasure of the employer.

How about Brave and Freddy getting in on the action. They hired a bunch of these people with no idea how they were going to pay them. They stole every red nickle of a hope this man had of keeping his job and now they are standing behind like a couple of hitman, goading him to take his frustrations out on politicians that are behaving responsibly. Our future is not safe at all so long as we have these old PLP scum suckers trying to take advantage of everything negative in this country, instead of leading this country forwards and upwards

Although I sympathize with individuals losing their jobs, the government must take steps to bring the deficit under control. Either we swallow the small bitter pill administered by our owns hands now or swallow what the IMF would push down our throats later.

The more people they put out of work. the bigger salary increase they can give themselves.

the unemployment rate doesn't mean Jacqushite in the Bahamas think about the 1000's of people that are employed by the government as favors? Those aren't positions to fill when the employees are let go and if these employees are so good why does every single government business have to be subsidized?