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Originally Posted by Mr.T:

The government is making a substantial improvement in the financial security of public workers who have been struggling to make ends meet legally under the PPP. These increases will spur growth in the economy as the extra money will be used to raise the living standard of the recipients.

What as asinine comment. How does some increase in civil service salaries in of itself "spur growth".  It's good to see reasonable increases however, with the rest of the economy going the way it is, it's almost guaranteed inflection will eat to any increase.  There need to be a lot more on the supply side for this to work.  I really don't see it.  Maybe some cheap imports get a boost.

FM
Originally Posted by Mr.T:

The government is making a substantial improvement in the financial security of public workers who have been struggling to make ends meet legally under the PPP. These increases will spur growth in the economy as the extra money will be used to raise the living standard of the recipients.

I thought the PPP left the till empty, and the PNC cry of thief, thief!!

K
Originally Posted by kp:
Originally Posted by Mr.T:

The government is making a substantial improvement in the financial security of public workers who have been struggling to make ends meet legally under the PPP. These increases will spur growth in the economy as the extra money will be used to raise the living standard of the recipients.

I thought the PPP left the till empty, and the PNC cry of thief, thief!!

They did, PNC printing money, voodoo economics!!

FM
Originally Posted by baseman:
Originally Posted by kp:
Originally Posted by Mr.T:

The government is making a substantial improvement in the financial security of public workers who have been struggling to make ends meet legally under the PPP. These increases will spur growth in the economy as the extra money will be used to raise the living standard of the recipients.

I thought the PPP left the till empty, and the PNC cry of thief, thief!!

They did, PNC printing money, voodoo economics!!

GRA collecting VAT and Customs duties. Ongoing inflow stream.

FM
Originally Posted by baseman:
Originally Posted by Mr.T:

The government is making a substantial improvement in the financial security of public workers who have been struggling to make ends meet legally under the PPP. These increases will spur growth in the economy as the extra money will be used to raise the living standard of the recipients.

What as asinine comment. How does some increase in civil service salaries in of itself "spur growth".  It's good to see reasonable increases however, with the rest of the economy going the way it is, it's almost guaranteed inflection will eat to any increase.  There need to be a lot more on the supply side for this to work.  I really don't see it.  Maybe some cheap imports get a boost.

Your grasp of how economies work and how pay increases affect it borders on the absurd and makes you a laughing stock. I suggest that you go to school and learn a bit about the subject since it is one of the elements that are taught at business acadamies. To also suggest that it is an asinine comment on my part is a clear indication of your low level of intelligence and knowledge in such matters. Or are you one of dem PPP thieves who was happy to feed the low paid workers with the crap that more money won't make a difference? Next thing you gonna say is that women want blood! What a stupid fool you are on the economic front for sure.

Mr.T

These are impressive salary increases in light of the circumstances. I am interested to see how they will finance them. I know the Minister hinted he will use the government's deposits in commercial banks. That is essentially financing a flow with a stock. Let's see if the economy replenishes the stock in the near future. The Minister is in a tough position. The full time career politicians made lots of promises.

FM
Originally Posted by baseman:
Originally Posted by kp:
Originally Posted by Mr.T:

The government is making a substantial improvement in the financial security of public workers who have been struggling to make ends meet legally under the PPP. These increases will spur growth in the economy as the extra money will be used to raise the living standard of the recipients.

I thought the PPP left the till empty, and the PNC cry of thief, thief!!

They did, PNC printing money, voodoo economics!!

They are not printing money...they are using up the government's savings in the commercial banks.

FM
Originally Posted by Gilbakka:
Originally Posted by baseman:
Originally Posted by kp:
Originally Posted by Mr.T:

The government is making a substantial improvement in the financial security of public workers who have been struggling to make ends meet legally under the PPP. These increases will spur growth in the economy as the extra money will be used to raise the living standard of the recipients.

I thought the PPP left the till empty, and the PNC cry of thief, thief!!

They did, PNC printing money, voodoo economics!!

GRA collecting VAT and Customs duties. Ongoing inflow stream.

That is correct. 60% of the country's revenue comes through Customs.

R
Originally Posted by Ramakant-P:

That is correct. 60% of the country's revenue comes through Customs.

And that goes to demonstrate how the PPP has weakened the economy by forcing Guyanese to be dependent on imports from China, to businesses controlled by the PPP elite. The domestic production has been all but wiped out in favour of imports so that the PPP friends did not have to worry about employing black people.

Mr.T
Originally Posted by Mr.T:
Originally Posted by Ramakant-P:

That is correct. 60% of the country's revenue comes through Customs.

And that goes to demonstrate how the PPP has weakened the economy by forcing Guyanese to be dependent on imports from China, to businesses controlled by the PPP elite. The domestic production has been all but wiped out in favour of imports so that the PPP friends did not have to worry about employing black people.

It goes to say that blacks will not be contributing to the advancement of the economy of Guyana. They still will be looking for handouts.  

R
Originally Posted by Ramakant-P:
Originally Posted by Mr.T:
Originally Posted by Ramakant-P:

That is correct. 60% of the country's revenue comes through Customs.

And that goes to demonstrate how the PPP has weakened the economy by forcing Guyanese to be dependent on imports from China, to businesses controlled by the PPP elite. The domestic production has been all but wiped out in favour of imports so that the PPP friends did not have to worry about employing black people.

It goes to say that blacks will not be contributing to the advancement of the economy of Guyana. They still will be looking for handouts.  

You are a racist ass hole.

Mitwah
Originally Posted by Mitwah:
Originally Posted by Ramakant-P:
Originally Posted by Mr.T:
Originally Posted by Ramakant-P:

That is correct. 60% of the country's revenue comes through Customs.

And that goes to demonstrate how the PPP has weakened the economy by forcing Guyanese to be dependent on imports from China, to businesses controlled by the PPP elite. The domestic production has been all but wiped out in favour of imports so that the PPP friends did not have to worry about employing black people.

It goes to say that blacks will not be contributing to the advancement of the economy of Guyana. They still will be looking for handouts.  

You are a racist ass hole.

Come from a low life like you, I will take that as a compliment. You know    no better. You must be still stale boozed..

R
Originally Posted by Ramakant-P:
Originally Posted by Mitwah:
Originally Posted by Ramakant-P:
Originally Posted by Mr.T:
Originally Posted by Ramakant-P:

That is correct. 60% of the country's revenue comes through Customs.

And that goes to demonstrate how the PPP has weakened the economy by forcing Guyanese to be dependent on imports from China, to businesses controlled by the PPP elite. The domestic production has been all but wiped out in favour of imports so that the PPP friends did not have to worry about employing black people.

It goes to say that blacks will not be contributing to the advancement of the economy of Guyana. They still will be looking for handouts.  

You are a racist ass hole.

Come from a low life like you, I will take that as a compliment. You know    no better. You must be still stale boozed..

You are full of shit in your head. You smell.

Mitwah
Originally Posted by Gilbakka:

EFFECTIVE JULY 1, 2015

Marning Uncle Gilly:

 

This was an amazing delivery of an electoral commitment. In an environment where the economy is growing by 3.4% for 2015, 10% or more was granted to people earning less than $100.000.

 

It shows where there is political will, anything can happen.  

 

This singular act has made the Budget a much welcomed document.  Plus the icing on the cake was the $17,000 per month for we old people.

 

LOVE IT!

FM

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