A devaluation of the currency, by even a small amount would be catastrophic to the Bahamian economy. Since we import about 95% of all good here. You only increase the competitiveness if you produce something. Our costs will remain the same in US dollars, it will just cost us more Bahamian dollars. It will also devalue everyone who has any savings in BSD. So costs will remain the same but we will have less money to pay for things.

A one time devaluation or any devaluation of our dollar is not something the Bahamas can deal with.

Ask the members of parliament what macro-economic means and you might be lucky to get a couple right answers. The problem with our government is that no one involved has any idea what they are actually doing.

Don't bother with her anymore. She's gone off the deepend and trying to make every comment she has, about the 'dock' or some other tangent. Her first comment here has nothing to do with the actual article. Just spouting off on one of her go to agendas.

While I agree about it only applying to the private sector, the governments lowest wage is apparently right around the $210. Gibson is claiming that the new minimum wage will bring it in line with the government's pay scale. How true that is, I don't know.

They have store contracts in the Point on the line. They need to side with CCA to get their Hilton kickback.

If the Chinese bank believes that Bahamar can't enforce any of the Chapter 11 rulings in the Bahamas, then why do they care if the case continues? They know that Bahamar can still enforce the rulings and that is why they are fighting it so hard.

That would mean there were more people working at carnival then there were attending.

Absolutely. It is a sad state to see how broken the family structure is in this country. There are so many children that don't even have one loving parent, let alone two. On top of that, there are a serious lack of role models for these children outside of the home. We need strong educated woman and men who have broken out of poverty to give these kids hope. They need to be able to see that with education, hard work and dedication they can do and have things they will never have access to by staying uneducated.

Education and proper family planning. We will continue to suffer as a country until these are improved. We need a national campaign on the options for birth control and we need to educate the children in this country. The best way out of poverty is to educate yourself and the more people that escape poverty, the less crime there will be. Crime and poverty go hand in hand.

I'm surprised the government hasn't jumped on board with taxing it so they can siphon off some more money. Sell it in licenced shops so our tourism can compete with the opening of Cuba.