caribny posted:Billy Ram Balgobin posted:In short, the do nothing approach of the PNC accounted for the stability in the economy.
Excellent point by DrugB.
Jagdeo's ass would have been grass too. The economy that the PPP left is the economy which presently exists. The risk factors in the economy remain intact.
The problem is that there is no thinking about how the economy can move beyond where the PPP left it. Not that there is some rampant destruction of what the PPP left. The PPP left Guyana's World War II economy intact. Extreme dependence on commodity prices, which are beyond Guyana's control, and minimal value added processing in Guyana to mitigate its impacts.
The economy of Guyana and its citizens' living standard consistently improved during those 23 years of governance under the PPP. There is nothing factual you pointed to even suggest that Guyana's economy would have collapsed if the PPP was still there. The PPP left office some 15 months ago and already we starting to see layoffs instead of job creation and businesses and citizens paying more in taxes. How can we fairly say that things continue to get better when these facts are so blatant?