For clarification. The right to detain is based on more than mere suspicion. There must be reasonable cause. The word "reasonable" is a legal term and is not as easy as most people interpret it.
I seriously doubt that Bahamians will be able to get anything other than a few "servant" type jobs. Look who will own the land and control the operation. Look who will require liability insurance, in a sum few Bahamians can afford, in order to do business.
Look at who will be able to set the rent rates. Often rent has a base and then a percentage of turnover, not profits, turnover. Bahamian entrepreneurs will have a very tough time.
This is for waiters, bar tenders, waitresses, and some maintenance workers. All the real money will go to Disney.
Economist says...
PHA is a deep whole into which we poor money. Until there is a proper accounting of how the money is spent I am 100% against NHI.
Remember 2016 Tribune report stating that Min of Health could not account for 100 million dollars.
On Public health system NHI's 'Achilles heel'
Posted 5 November 2018, 7:53 p.m. Suggest removal
Economist says...
For clarification.
The right to detain is based on more than mere suspicion. There must be reasonable cause. The word "reasonable" is a legal term and is not as easy as most people interpret it.
On INSIGHT: Don't be fooled, 'prove your status' makes us all Jean Rony
Posted 5 November 2018, 7:49 p.m. Suggest removal
Economist says...
Read the paper put out by the Ministry of Finance. It sets out what they have spent so far and that the balance is by way of mortgage.
On Govt: 'No party yet' as VAT slashes deficit 52%
Posted 30 October 2018, 4:38 p.m. Suggest removal
Economist says...
A good start! Keep it up.
On Govt: 'No party yet' as VAT slashes deficit 52%
Posted 30 October 2018, 2:45 p.m. Suggest removal
Economist says...
Whoever negotiated on behalf of the Government should be named and shamed.
On ‘Why should we pick up Lucayan severance bill?‘
Posted 24 October 2018, 1:08 p.m. Suggest removal
Economist says...
Didn't Disney say that they would not hurt the environment? How could they say that when they didn't even know. Now they say that they will do an EIA?
How could Government approve this without the EIA????
And you can be sure no Economic Impact study has been done either.
On Disney’s Lighthouse Point plan impact study to take months
Posted 24 October 2018, 1:05 p.m. Suggest removal
Economist says...
I agree.
Why are we not taxing them?
On Health service funding crisis ends in landmark plan - 2% levy on wages to pay $100m costs
Posted 24 October 2018, 12:58 p.m. Suggest removal
Economist says...
I seriously doubt that Bahamians will be able to get anything other than a few "servant" type jobs. Look who will own the land and control the operation. Look who will require liability insurance, in a sum few Bahamians can afford, in order to do business.
Look at who will be able to set the rent rates. Often rent has a base and then a percentage of turnover, not profits, turnover. Bahamian entrepreneurs will have a very tough time.
This is for waiters, bar tenders, waitresses, and some maintenance workers. All the real money will go to Disney.
Bahamians will get the scarps, nothing more.
On Small Business Centre moves on Disney project
Posted 23 October 2018, 5:05 p.m. Suggest removal
Economist says...
Good points but let's see if the Government got the integrity to do it.
On 'Bolster' bidder disclosure for govt contracts amid woes
Posted 20 October 2018, 10:37 a.m. Suggest removal
Economist says...
I agree. We should do a forensic audit of VAT from day one to now.
We have paid well over a Billion Dollars in VAT so far.
On Political pressure to hand out contracts? Not on my watch
Posted 20 October 2018, 10:35 a.m. Suggest removal