Tag Archives: economy

The immutable law of nature is: what we sow, we will reap. We will not get mangoes if we sow pigeon peas. We always reap later. Sometimes, we sow ochro and have a crop in six weeks. But the crop takes years at other times, as it does when we …

“The Minister of Tourism, Randall Mitchell, has said that increasing the minimum wage will cause inflation… This is a ton load of gobar. “We are presently suffering from the highest inflation rate since the turn of the century. Is it caused by increasing the money supply? Or is it because …

“[…] Many [health care workers] are working under short term contracts—some as short as three months—[and] have been subjected to continual rollovers of their short term contracts and who have been employed continuously for 15 years and more. “[…] Instead of abolishing the short term-rollover contract system, coming up with …

“Words are the clothes thoughts wear” — Samuel Beckett, Irish writer. The Budget debate and its fallout sent me scurrying to recall Beckett’s writings. He is the author of “Waiting for Godot”—a play the late James Lee Wah introduced to me in the early 70s.  The state of play on …

“[…] During the Petrotrin shutdown saga, the OWTU actually offered to take a 15% wage cut in order to save jobs. The result? All, all, all workers were sent home. “The Communication Workers’ Union (CWU) settled with TSTT for 5% over a five-year period 2014–2019. How many jobs were saved? …

“[…] For many decades, T&T’s highly productive energy sector funded disproportionately high standards of living in its non-energy sectors, including the public service. However, production in the energy sector has been in decline since 2010, masked temporarily by extraordinary recent increases in energy prices.  “[…] In such difficult circumstances, governments …

Two Fridays ago, I visited my neighbourhood’s favourite food store. I had gone to pick up one item. I saw an older man being helped by a woman as I entered the aisle.  Nothing appeared unusual, just a younger person helping an older one with his purchase. However, everything turned …

Prime Minister Dr Keith Rowley has announced new measures geared to induce vaccination in the public sector, which his data showed has a low acceptance rate. Here are a few quick comments: Unlike 2020, when there was a general collapse in economic activity, the pace of recovery now will be …

The last 21 months have drained our nation’s emotional resources and injected paranoid feelings. Uncertainty and risk are now our constant companions.  We no longer have a clear vision of the future. We are exhausted. The constant quarrelling on every front has bewildered us, and we no longer appear to …

In 1930, The International Digest offered this quote: ‘A banker, it has been said jestingly, is a man who lends you an umbrella when the weather is good and takes it back when it rains. ‘It would be more correct to say that the banker, at the beginning of a …

‘Poverty is not an accident. Like slavery and apartheid, it is man-made and can be removed by the actions of human beings.’ These words of Nelson Mandela should resonate as we approach our upcoming budget debate. A national budget is more than an economic forecast; it is a declaration about …

“[…] No, no—WASA should not and cannot be privatised! There are some entities which are what you call in economics, natural monopolies. For an economy like Trinidad and Tobago, the production of water is a natural monopoly and the state should do it. “[…] We are going to give WASA …