The next general election at its latest is now one year away. It should be incumbent on the contesting parties to tell us how they will manage the economy so that the country will keep its head above water financially. Cutting government expenditure is one way, but that immediately raises …
Read More »Noble: When money became a problem—how T&T wasted three “oil booms”
In September 1973, we, as a nation, were blessed with a bonanza from new offshore discoveries and a sharp rise in oil prices triggered by the Yom Kippur War and the new militancy of the Organisation of Petroleum Exporting Countries (OPEC). In what was said to be an unguarded moment …
Read More »Noble: $2 short—rising food prices, ageing population and outdated pension service spell trouble
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 …
Read More »Noble: Paria’s plight is rampant in T&T—First World salaries without First World leadership
Stephen R Covey, the American author of First Things First, said: ‘We are free to choose our actions… but we are not free to choose the consequences of these actions.’ As a nation, we need to contemplate this as we mourn the loss of the four men in a recent …
Read More »Noble: We, the greedy people; how we deprive young entrepreneurs and destroy communities
This week’s blackout taught us a great lesson: the street windscreen wiper boys at the West Mall traffic lights are human! Not only are they human and not freaks intent on mischief, but they are also brave entrepreneurs. Who would have thought? When anxiety levels were rising, they, who reportedly live …
Read More »Daly Bread: Subversion by subvention; how state companies like the NCC make mas
Our country has been widely shamed internationally by the Trinidad and Tobago Coast Guard’s fatal shooting of an illegal migrant baby. The use of the label ‘accident’, the premature ducking of responsibility and due process as well as the crude, partisan political exchanges have compounded the shame. For the moment, …
Read More »‘No reputable economist would suggest privatising WASA!’: Dr Farrell on WASA, VMCOTT, the fuel subsidy and lay-offs
“[…] 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 …
Read More »‘The numbers don’t add up’: Dr Farrell on Covid, costs, challenges and consequences
“[…] Non-energy revenues have fallen in 2020-2021 and for next fiscal, 2021-2022, it is going to be worse—partly because people pay taxes on the previous year’s numbers and partly because the recovery is going to be slower than expected because of the state of emergency and the impact of the …
Read More »Daly Bread: Needing a new Kambule; why T&T Carnival requires a paradigm shift
At the Panorama semi-finals two weeks ago, I became involved in a discussion with Eintou Springer, her daughter Attilah and an official of Pan Trinbago. The discussion turned to how Pan Trinbago spent the taxpayers’ money it received from complicit governments in the past and apparently continues on the same path. …
Read More »Noble: The elites and the poor; Aboud rings bell for deeper issue on use of national resources
An Economist article (2011) defined ‘elites’ as people who shape the world without anyone noticing. The rich and powerful leverage their privileged status to exercise decisive control over the way society is organised and developed. I am thankful that Gregory Aboud has opened this discussion. While he did not define …
Read More »Why for the upper class, silence is golden; Perry rebuts Aboud on cure for public ills
After digesting Gregory Aboud’s insightful commentary in the Trinidad Express, it behooves me to offer a retort. His “Silence of The Elites” piece is chicanery masked as concern for country and changing the status quo. Aboud may genuinely believe that he is offering a compelling and emphatic critique of his …
Read More »Daly Bread: Failure of ‘govt by giveaway’; T&T’s culture of opportunistic collusion
This column was one of the first among regular commentaries to identify that Government slackness was embracing criminality, and to make dire predictions about where this would lead. The assertion was met with dismay on the cocktail circuit. A well regarded commentator suggested to me that our governments were ‘mooks’ …
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