BARBADOS LABOUR PARTY

Let Down by DLP

March 27, 2009 · 4 Comments

With the conclusion of the 2009-2010 Estimates Debate this week another major milestone in the life of the present Government has come and gone and the David Thompson Administration is yet to play a scoring shot off the front foot.

It is becoming clearer and clearer that despite all of his bravado before the election and since, that Thompson is uncomfortable in his Prime Ministerial skin.

There is a lack of confidence that erupts like a case of teenage acne whenever his handling of the economy is questioned. That it has now spread to other areas of his government’s policy, namely the Constituency Councils, does not bode well for his longevity.

But back to the Estimates Debate.

It was easily the most uninspiring opening presentation by a Minister of Finance in recent memory. There was no lucid picture of the current economic circumstances that we face as a nation and consequently the areas that the government would be targeting for either revenue or expenditure. While the country waited for some sign or signal to inspire confidence the screen remained blank.

There were lots of snapshots of Barbados’ leadership role in Caricom, regurgitated from a speech delivered two days earlier at a branch meeting, but even here there was little attempt to place its importance into an economic context.   There was also a recitation of some economic figures without any illustration of their context or meaning to the situation we face today.

As the Debate progressed and questions from the Opposition raised the pressure – there was a bilious outburst on the final day that now characterizes the Prime Minister’s response to legitimate criticism.

It is human nature that people will reflect on the previous tenure of the Prime Minister as Minister of Finance. For some there will be bitter memories, for others there will be skepticism and still others may be nervous.   Unfortunately, the Prime Minister fed into these emotions by a lackluster and less than complete analysis of where we are and where he intends to take us.

Perhaps if he would simply buckle down to the task at hand, then all the old questions of competency would disappear and he could bury the ghosts of 1991. There are some things that do not derive any benefit from an attempt at being different. One plus one equals two – no matter how you say it and people just want the facts, pure and simple!

 

Mia Mottley and Owen Arthur were able to clearly show that given the Government’s own figures that their revenue targets were in all probability unattainable and that the deficit would likely skyrocket to $1 billion.

This is against rapidly falling foreign reserves, declining export earnings and foreign investment. The further creation of credit by Government to finance this deficit in this environment will only put the country into a deeper hole.  It is precisely this lack of understanding and confidence that will not help us at this time when there must be urgent stabalisation of our economy and people’s jobs.

Insecurity on the Government benches scorns Opposition suggestions, while uncertainty heralds a unified approach to national problems. Maturity should dictate that the two cannot operate in tandem.

The Democratic Labour Party has approached governing like a twenty twenty cricket match.  Plenty of rash shots with no recognizable form or technique. It is time they learn that a five-year term – is much more like a test match where you have the opportunity to build an innings to win the game.

Stick to the basics and occupying the crease becomes much more enjoyable and productive. The people of Barbados sent them into bat and are looking for a big score.

So far they have been horribly let down.

Categories: Politics

4 responses so far ↓

  • Telma White // March 30, 2009 at 1:31 am | Reply

    It has Began.

    There is a clear probilaty that by end of the second quarter, unemployment will be above 10%.
    foreign reseverse will continue its decline.

    Government revenue expectation will not materialized to the level the dlp has calaulated.

    I wonder if he be carring up taxes again NEXT YEAR or we be following a IMF advisory programme. Bajans need to listen and look and stop just hearing things.

    They changed to the WRONG government .

  • Royalrumble // March 30, 2009 at 7:49 pm | Reply

    I would like seriously recommended to the BLP to get their candidates in place and prepare for a general election. I am absolutely certain that this DLP under Thompson cannot hold this economy together and Barbadians will soon find themselves in a position worse than that of the early 1990s.

    Already persons are losing their jobs, the use of bailiff services are increasing as more and more people are finding it difficult to pay their hire purchase accounts and other loan. Petty larceny is on the increase and the breadwinner in homes that have lost their jobs are once again fleeing the country in search for greener pastures.

    Businesses have already started to move their money to safer havens (countries outside of the Barbados) as confidence in the economy disappears. Deposits held at the Central Bank by Commercial Banks have already been moved to other international financial institutions. Over $500,000.00 million have been moved and the foreign reserves by the Central Bank and Central Government have also declined by over $200,000.00 million.

    The only real buffer this Government had was the healthy foreign reserves of $2.7 billion left there by the former BLP Government but now that is disappearing fast. This is coupled with the fact that government is losing revenue at its base at a rate that is frightening. All this spells trouble for our economy and our people. This scenario resembles that of the early 1990s.

  • Darry Wildem // May 21, 2009 at 6:11 pm | Reply

    The Democratic Labour Party was elected by the majority of voters in Barbados. It is not a secret. After 14 years of opposition they managed to capture the imagination of the electorate. They were accepted on their promises. The contract to govern is between the Barbadian electorate and the Democratic Labour Party Government. In my view the electorate saw them fit for office to lead the country. Why now should they want the opposition to provide the answers to what seems to be a difficult job for them?
    They seem consumed with cleaning and it seems to suggest that they are rendering themselves incapable of doing the job.
    Please tell me me whose obligation it is to find the answers and the ways to remedy this situation.
    What is the solution?

  • Aunt Del // May 25, 2009 at 6:00 pm | Reply

    @Darry Wildem. Boy you need to speak out and encourage others too. Sharpen your wits and wait for elections. My party has the tools and know how to rescue Barbados. Been there and done dat already. Track record is there for all to see.

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