Good move. When one considers the inefficiencies of government run organizations versus the private sector.
I am aware of one service where it is done by the private sector in one area of the country and the government in another. The Government cost is 300% higher. So a $2 million loss could mean that, if run by the private sector, it will make money.
It is time that the taxis recognized that the expected tourism product has changed. Most cruise ship tourists don't want a taxi.
There are too many plates for the demand. How is it that some individuals have 5 or 10 plates. The original way they were issued was one plate per person.
Taxis are fast becoming dinosaurs.
They should only be included, in as much as a couple of taxis may be required. Make plenty space for the tour buses though, as that is what the cruise passengers want.
Messers Davis and Cooper act as if The Bahamas is not a part of the rest of the world.
Former governments ran up a huge debt. We don't live in a vacuum. You can only spend more than you make and mortgage your future for so long.
In case some have not noticed, Jamaica's dollar is not worth what it was 40 years ago and slid for a long time as that countries debt plied up. IMF has been very involved in trying to stabilize Jamaica.
Rating agencies dictate what every country in the world pays its lenders. We borrow from those lenders. Why, because we need to import goods and need to be able to continue to do so.
If Davis and Cooper were in charge and did as they suggest the IMF would be here tomorrow and then they would put all the blame on the IMF.
No matter what he may be doing with the numbers, at least he is making quarterly reports to the people. This gives us the opportunity to challenge the validity of the numbers.
So if there is anyone of us who wants to provide some facts that show what certain numbers really are, let get to it, lets discuss it.
How is it possible that you could know so little? It is clear that you have no idea of the history behind both the Carnival port or the Princess Hotel.
Carnival is big business. Think of the number of carnivals in the Caribbean, not to mention Miami, Toronto and Notting Hill (UK) and the big one in Brazil.
I agree with Bahamas Carnival. Done right it has potential.
Economist says...
Tal, please explain how Freeport is "Free" for the residents.
On Lucayan ‘finalists’, union offer under scrutiny this week
Posted 4 March 2019, 4:08 p.m. Suggest removal
Economist says...
True, you sure got that right!
On Privatisation targets wages 99% of income
Posted 4 March 2019, 4:04 p.m. Suggest removal
Economist says...
Good move. When one considers the inefficiencies of government run organizations versus the private sector.
I am aware of one service where it is done by the private sector in one area of the country and the government in another. The Government cost is 300% higher. So a $2 million loss could mean that, if run by the private sector, it will make money.
On Privatisation targets wages 99% of income
Posted 4 March 2019, 3:44 p.m. Suggest removal
Economist says...
It is time that the taxis recognized that the expected tourism product has changed. Most cruise ship tourists don't want a taxi.
There are too many plates for the demand. How is it that some individuals have 5 or 10 plates. The original way they were issued was one plate per person.
Taxis are fast becoming dinosaurs.
They should only be included, in as much as a couple of taxis may be required. Make plenty space for the tour buses though, as that is what the cruise passengers want.
On Taxi drivers: We won’t be ignored over cruise port
Posted 2 March 2019, 1:40 p.m. Suggest removal
Economist says...
Messers Davis and Cooper act as if The Bahamas is not a part of the rest of the world.
Former governments ran up a huge debt. We don't live in a vacuum. You can only spend more than you make and mortgage your future for so long.
In case some have not noticed, Jamaica's dollar is not worth what it was 40 years ago and slid for a long time as that countries debt plied up. IMF has been very involved in trying to stabilize Jamaica.
Rating agencies dictate what every country in the world pays its lenders. We borrow from those lenders. Why, because we need to import goods and need to be able to continue to do so.
If Davis and Cooper were in charge and did as they suggest the IMF would be here tomorrow and then they would put all the blame on the IMF.
On DPM blasts the opposition’s ‘reckless disregard for truth’
Posted 1 March 2019, 4:15 p.m. Suggest removal
Economist says...
Successive governments borrowed and borrowed and put us into this ICU financially.
I don't like having to pay the price but if we don't want to die we got to take the medicine.
On DPM: We’ll ‘scale back’ spending more if needed
Posted 1 March 2019, 4:01 p.m. Suggest removal
Economist says...
No matter what he may be doing with the numbers, at least he is making quarterly reports to the people. This gives us the opportunity to challenge the validity of the numbers.
So if there is anyone of us who wants to provide some facts that show what certain numbers really are, let get to it, lets discuss it.
On Underspend helps hit deficit target
Posted 28 February 2019, 2:24 p.m. Suggest removal
Economist says...
If it were not for the way I watched various hotel staff and others attitude to their entitlement to a job, I would take this seriously.
On Govt told: ‘Get serious’ on Morton Salt issues
Posted 27 February 2019, 1:46 p.m. Suggest removal
Economist says...
How is it possible that you could know so little? It is clear that you have no idea of the history behind both the Carnival port or the Princess Hotel.
On PM’s comments in Grand Bahama ‘a sad menu of failure’
Posted 27 February 2019, 1:43 p.m. Suggest removal
Economist says...
No.
Carnival is big business. Think of the number of carnivals in the Caribbean, not to mention Miami, Toronto and Notting Hill (UK) and the big one in Brazil.
I agree with Bahamas Carnival. Done right it has potential.
On HIGH FIVE FOR CARNIVAL: Grand Parade returns to Clifford Park for fifth year
Posted 22 February 2019, 5:18 p.m. Suggest removal