State of Guyana’s economy sluggish, stagnant – Regions 2, 6 Chambers of Commerce
October 10, 2015 By
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Former Member
QUOTE "We got to do something; we have to put more money in the hands of the spending public, the consumers, you know, and that money goes around a number of time… taxes, vat is there, 16 per cent so revenues will come in and you can’t go wrong,” he added
Originally Posted by asj:
QUOTE "We got to do something; we have to put more money in the hands of the spending public, the consumers, you know, and that money goes around a number of time… taxes, vat is there, 16 per cent so revenues you can’t go wrong,” he added
The government needs to stimulate the economy. However, I see no progress in this area because government projects are now going thru the tendering process. Monetary policies have not changed. Professor Thomas had argued that stopping corruption will produce huge amount if resources for the state. Still waiting for indications if this.
Originally Posted by Zed:
Originally Posted by asj:
QUOTE "We got to do something; we have to put more money in the hands of the spending public, the consumers, you know, and that money goes around a number of time… taxes, vat is there, 16 per cent so revenues you can’t go wrong,” he added
The government needs to stimulate the economy. However, I see no progress in this area because government projects are now going thru the tendering process. Monetary policies have not changed. Professor Thomas had argued that stopping corruption will produce huge amount if resources for the state. Still waiting for indications if this.
Oi Z, Y you hitting two keys at a time,fingers too big? 
Former Member
Originally Posted by Zed:
Originally Posted by asj:
QUOTE "We got to do something; we have to put more money in the hands of the spending public, the consumers, you know, and that money goes around a number of time… taxes, vat is there, 16 per cent so revenues you can’t go wrong,” he added
The government needs to stimulate the economy. However, I see no progress in this area because government projects are now going thru the tendering process. Monetary policies have not changed. Professor Thomas had argued that stopping corruption will produce huge amount if resources for the state. Still waiting for indications if this.
I don't think they know what they doing or even what's happening. They are clueless as to which buttons to push. The problem, they did so much to stymie the PPP that it's now coming back to haunt them. They talk so much of what the will and will not do and now the business community holding back to see which direction they take, but Granger looks also clueless. The PNC is in a bind and the only way out is to embrace what the PPP was doing they try to improve on areas which are lacking.
Originally Posted by cain:
Originally Posted by Zed:
Originally Posted by asj:
QUOTE "We got to do something; we have to put more money in the hands of the spending public, the consumers, you know, and that money goes around a number of time… taxes, vat is there, 16 per cent so revenues you can’t go wrong,” he added
The government needs to stimulate the economy. However, I see no progress in this area because government projects are now going thru the tendering process. Monetary policies have not changed. Professor Thomas had argued that stopping corruption will produce huge amount if resources for the state. Still waiting for indications if this.
Oi Z, Y you hitting two keys at a time,fingers too big?
Yea, Cain, big hands and big fingers from hard work. I need to proofread before I post.
Former Member
Originally Posted by Zed:
Originally Posted by asj:
QUOTE "We got to do something; we have to put more money in the hands of the spending public, the consumers, you know, and that money goes around a number of time… taxes, vat is there, 16 per cent so revenues you can’t go wrong,” he added
The government needs to stimulate the economy. However, I see no progress in this area because government projects are now going thru the tendering process. Monetary policies have not changed. Professor Thomas had argued that stopping corruption will produce huge amount if resources for the state. Still waiting for indications if this.
You guys at Robb Street like to say aluh is streetsmart and good hustlers like Baseman's model entrepreneur, yet aluh throw up terms like stimulus from textbooks not knowing what it means in Guyana's context. Robb Steet needs to first understand the difference between a cycle and a trend.
Former Member
Originally Posted by baseman:
, they did so much to stymie the PPP that it's now coming back to haunt them. .
What did they stop the PPP from doing? Skeldon? PPP went ahead. Providence Stadium, PPP went ahead. Marriott. PPP went ahead. Berbice Bridge, they went ahead. All of these deals mired in corruption, and sweet heart deals for Jagdeo's friends at tax payers' expense.
They only managed to stop the massive waste on an elaborate terminal at CJIA, that Guyana doesn't need, and Amaila Falls, which was a huge embarrassment, given the millions given to Fip Motilall, who couldn't even build a driveway.
The PPP lucked out because gold prices were high. They mortgaged the rice industry to a lunatic, instead of finding more secure markets, and assisting the industry to reduce its costs.
And in 2015 Guyana is now in deep trouble as it remains a high cost producer of a few commodities, but no longer has access to guaranteed markets at preferential prices. The EU warned Guyana about this, and what did the PPP do? NOTHING.
So spare us your pretense that the PPP was doing a good job. From what I can see NEITHER the PPP nor APNU/AFC are up to the task of developing the economy. The PPP because they are corrupt, and APNU/AFC because they selected a bunch of geriatrics, whose best days are long gone.
Originally Posted by TK:
Originally Posted by Zed:
Originally Posted by asj:
QUOTE "We got to do something; we have to put more money in the hands of the spending public, the consumers, you know, and that money goes around a number of time… taxes, vat is there, 16 per cent so revenues you can’t go wrong,” he added
The government needs to stimulate the economy. However, I see no progress in this area because government projects are now going thru the tendering process. Monetary policies have not changed. Professor Thomas had argued that stopping corruption will produce huge amount if resources for the state. Still waiting for indications if this.
You guys at Robb Street like to say aluh is streetsmart and good hustlers like Baseman's model entrepreneur, yet aluh throw up terms like stimulus from textbooks not knowing what it means in Guyana's context. Robb Steet needs to first understand the difference between a cycle and a trend.
I had thought that you were too intelligent to assume that I am from Robb Street. I guess that I Was wrong. You continue to disappoint me.
Please explain for us low lives from Robb Street what stimulus relative to Guyana means in terms of fiscal and monetary policies. Do not insult me be thinking that you are the only one here in this site that knows anything about economics. You live in your sheltered academic world. I know some guys selling wares on Regent Street who will teach you more about economics than you ever knew.
Former Member
Originally Posted by Zed:
Originally Posted by TK:
Originally Posted by Zed:
Originally Posted by asj:
QUOTE "We got to do something; we have to put more money in the hands of the spending public, the consumers, you know, and that money goes around a number of time… taxes, vat is there, 16 per cent so revenues you can’t go wrong,” he added
The government needs to stimulate the economy. However, I see no progress in this area because government projects are now going thru the tendering process. Monetary policies have not changed. Professor Thomas had argued that stopping corruption will produce huge amount if resources for the state. Still waiting for indications if this.
You guys at Robb Street like to say aluh is streetsmart and good hustlers like Baseman's model entrepreneur, yet aluh throw up terms like stimulus from textbooks not knowing what it means in Guyana's context. Robb Steet needs to first understand the difference between a cycle and a trend.
I had thought that you were too intelligent to assume that I am from Robb Street. I guess that I Was wrong. You continue to disappoint me.
Please explain for us low lives from Robb Street what stimulus relative to Guyana means in terms of fiscal and monetary policies. Do not insult me be thinking that you are the only one here in this site that knows anything about economics. You live in your sheltered academic world. I know some guys selling wares on Regent Street who will teach you more about economics than you ever knew.
You do know who are the folks at Robb Street.
Former Member
Originally Posted by TK:
Originally Posted by Zed:
Originally Posted by asj:
QUOTE "We got to do something; we have to put more money in the hands of the spending public, the consumers, you know, and that money goes around a number of time… taxes, vat is there, 16 per cent so revenues you can’t go wrong,” he added
The government needs to stimulate the economy. However, I see no progress in this area because government projects are now going thru the tendering process. Monetary policies have not changed. Professor Thomas had argued that stopping corruption will produce huge amount if resources for the state. Still waiting for indications if this.
You guys at Robb Street like to say aluh is streetsmart and good hustlers like Baseman's model entrepreneur, yet aluh throw up terms like stimulus from textbooks not knowing what it means in Guyana's context. Robb Steet needs to first understand the difference between a cycle and a trend.
Dankey-cyart man, not sure what this "hustler" you talking about banna. Go back to your ill-informed sources. BTW, I don't hear your name in any circle whatsoever. Seems you "flamed-out" in the "pilot light" phase!
Originally Posted by baseman:
Originally Posted by TK:
Originally Posted by Zed:
Originally Posted by asj:
QUOTE "We got to do something; we have to put more money in the hands of the spending public, the consumers, you know, and that money goes around a number of time… taxes, vat is there, 16 per cent so revenues you can’t go wrong,” he added
The government needs to stimulate the economy. However, I see no progress in this area because government projects are now going thru the tendering process. Monetary policies have not changed. Professor Thomas had argued that stopping corruption will produce huge amount if resources for the state. Still waiting for indications if this.
You guys at Robb Street like to say aluh is streetsmart and good hustlers like Baseman's model entrepreneur, yet aluh throw up terms like stimulus from textbooks not knowing what it means in Guyana's context. Robb Steet needs to first understand the difference between a cycle and a trend.
Dankey-cyart man, not sure what this "hustler" you talking about banna. Go back to your ill-informed sources. BTW, I don't hear your name in any circle whatsoever. Seems you "flamed-out" in the "pilot light" phase!
HAHAHA DEm treat him like wan Leppa man!!
Former Member
Originally Posted by baseman:
Originally Posted by Zed:
Originally Posted by asj:
QUOTE "We got to do something; we have to put more money in the hands of the spending public, the consumers, you know, and that money goes around a number of time… taxes, vat is there, 16 per cent so revenues you can’t go wrong,” he added
The government needs to stimulate the economy. However, I see no progress in this area because government projects are now going thru the tendering process. Monetary policies have not changed. Professor Thomas had argued that stopping corruption will produce huge amount if resources for the state. Still waiting for indications if this.
I don't think they know what they doing or even what's happening. They are clueless as to which buttons to push. The problem, they did so much to stymie the PPP that it's now coming back to haunt them. They talk so much of what the will and will not do and now the business community holding back to see which direction they take, but Granger looks also clueless. The PNC is in a bind and the only way out is to embrace what the PPP was doing they try to improve on areas which are lacking.
Did the PPP know? They had two principal drivers to the economy; gold and rice. Both economic paths are in trouble. Where this government goes will determine ist utility to us.
Former Member
Originally Posted by D2:
Originally Posted by baseman:
Originally Posted by Zed:
Originally Posted by asj:
QUOTE "We got to do something; we have to put more money in the hands of the spending public, the consumers, you know, and that money goes around a number of time… taxes, vat is there, 16 per cent so revenues you can’t go wrong,” he added
The government needs to stimulate the economy. However, I see no progress in this area because government projects are now going thru the tendering process. Monetary policies have not changed. Professor Thomas had argued that stopping corruption will produce huge amount if resources for the state. Still waiting for indications if this.
I don't think they know what they doing or even what's happening. They are clueless as to which buttons to push. The problem, they did so much to stymie the PPP that it's now coming back to haunt them. They talk so much of what the will and will not do and now the business community holding back to see which direction they take, but Granger looks also clueless. The PNC is in a bind and the only way out is to embrace what the PPP was doing they try to improve on areas which are lacking.
Did the PPP know? They had two principal drivers to the economy; gold and rice. Both economic paths are in trouble. Where this government goes will determine ist utility to us.
Well, they were doing a heck lot better than the PNC. They PNC screwed up. Maybe PNC could embark on the "guava cheese" economic driver?
Former Member
Originally Posted by caribny:
What did they stop the PPP from doing? Skeldon? PPP went ahead. Providence Stadium, PPP went ahead. Marriott. PPP went ahead. Berbice Bridge, they went ahead.
Yet they are living evidence of completed projects. Let the tally begin on the new government's projects/accomplishments.
Former Member
Originally Posted by baseman:
Originally Posted by Zed:
Originally Posted by asj:
QUOTE "We got to do something; we have to put more money in the hands of the spending public, the consumers, you know, and that money goes around a number of time… taxes, vat is there, 16 per cent so revenues you can’t go wrong,” he added
The government needs to stimulate the economy. However, I see no progress in this area because government projects are now going thru the tendering process. Monetary policies have not changed. Professor Thomas had argued that stopping corruption will produce huge amount if resources for the state. Still waiting for indications if this.
I don't think they know what they doing or even what's happening. They are clueless as to which buttons to push. The problem, they did so much to stymie the PPP that it's now coming back to haunt them. They talk so much of what the will and will not do and now the business community holding back to see which direction they take, but Granger looks also clueless. The PNC is in a bind and the only way out is to embrace what the PPP was doing they try to improve on areas which are lacking.
Accurate.
Former Member
Here is the difference:
PNC ministers and officials took a massive pay increase while the economy is going backwards.
PPP boys took a lil change while the country economy continued to grow.
Originally Posted by yuji22:
Here is the difference:
PNC ministers and officials took a massive pay increase while the economy is going backwards.
PPP boys took a lil change while the country economy continued to grow.
How "lil" you talkin here?
Originally Posted by TK:
Originally Posted by Zed:
Originally Posted by asj:
QUOTE "We got to do something; we have to put more money in the hands of the spending public, the consumers, you know, and that money goes around a number of time… taxes, vat is there, 16 per cent so revenues you can’t go wrong,” he added
The government needs to stimulate the economy. However, I see no progress in this area because government projects are now going thru the tendering process. Monetary policies have not changed. Professor Thomas had argued that stopping corruption will produce huge amount if resources for the state. Still waiting for indications if this.
You guys at Robb Street like to say aluh is streetsmart and good hustlers like Baseman's model entrepreneur, yet aluh throw up terms like stimulus from textbooks not knowing what it means in Guyana's context. Robb Steet needs to first understand the difference between a cycle and a trend.
What are you blaming Robb Street for? You should write one of your papers outlining what the government should do to stimulate the economy. You were quick to blame Jagdeo for your degrading donkey kart economy. Are you afraid of the PNC?
Former Member
| Country Name | GDP 2013 | Population | GDP per Capita 2013 |
| Bahamas | 8,510,500,000 | 381,370 | 22,316 |
| Trinidad and Tobago | 24,433,812,700 | 1,348,240 | 18,123 |
| Uruguay | 57,524,653,093 | 3,407,969 | 16,879 |
| Barbados | 4,281,000,000 | 282,503 | 15,154 |
| Chile | 276,673,695,234 | 17,575,833 | 15,742 |
| Argentina | 622,057,981,847 | 42,538,304 | 14,623 |
| Antigua and Barbuda | 1,200,587,518 | 89,985 | 13,342 |
| Venezuela | 371,336,634,589 | 30,276,045 | 12,265 |
| Brazil | 2,392,094,501,287 | 204,259,377 | 11,711 |
| Panama | 42,648,100,000 | 3,805,683 | 11,206 |
| Costa Rica | 49,236,710,394 | 4,706,433 | 10,462 |
| Suriname | 5,298,787,878 | 533,450 | 9,933 |
| Colombia | 380,063,456,193 | 47,342,363 | 8,028 |
| Grenada | 835,555,555 | 105,902 | 7,890 |
| St. Lucia | 1,335,764,111 | 182,305 | 7,327 |
| Dominica | 516,666,667 | 72,005 | 7,175 |
| Cuba | 77,149,700,000 | 11,362,505 | 6,790 |
| St. Vincent & Grenadines | 718,879,481 | 109,327 | 6,575 |
| Peru | 202,362,597,917 | 30,565,461 | 6,621 |
| Ecuador | 94,472,680,000 | 15,661,312 | 6,032 |
| Dominican Republic | 61,198,258,779 | 10,281,408 | 5,952 |
| Jamaica | 14,362,262,584 | 2,714,734 | 5,290 |
| Belize | 1,624,294,250 | 344,193 | 4,719 |
| Paraguay | 28,896,660,618 | 6,465,669 | 4,469 |
| El Salvador | 24,259,100,000 | 6,089,644 | 3,984 |
| Guyana | 2,990,006,534 | 761,033 | 3,929 |
| Guatemala | 53,851,153,447 | 15,690,793 | 3,432 |
| Bolivia | 30,601,157,742 | 10,399,931 | 2,942 |
| Honduras | 18,496,448,466 | 7,849,059 | 2,357 |
| Nicaragua | 10,850,733,052 | 5,945,646 | 1,825 |
| Haiti | 8,452,726,177 | 10,431,249 | 810 |
Former Member
This is information I extracted from the world bank database. I calculated the populations because I didn't want to spend the time to extract the exact numbers from the database. However, they are close. These are countries in South and Central America plus Caribbean countries.
What is the best way to get information on how much the President and Ministers are paid in these countries?
I bet Haiti might be on par with Guyana's ministers salaries or they might be a bit higher
Former Member
Originally Posted by Ramakant-P:
Originally Posted by TK:
Originally Posted by Zed:
Originally Posted by asj:
QUOTE "We got to do something; we have to put more money in the hands of the spending public, the consumers, you know, and that money goes around a number of time… taxes, vat is there, 16 per cent so revenues you can’t go wrong,” he added
The government needs to stimulate the economy. However, I see no progress in this area because government projects are now going thru the tendering process. Monetary policies have not changed. Professor Thomas had argued that stopping corruption will produce huge amount if resources for the state. Still waiting for indications if this.
You guys at Robb Street like to say aluh is streetsmart and good hustlers like Baseman's model entrepreneur, yet aluh throw up terms like stimulus from textbooks not knowing what it means in Guyana's context. Robb Steet needs to first understand the difference between a cycle and a trend.
What are you blaming Robb Street for? You should write one of your papers outlining what the government should do to stimulate the economy. You were quick to blame Jagdeo for your degrading donkey kart economy. Are you afraid of the PNC?
Yes!
Former Member
Originally Posted by baseman:
.
Well, they were doing a heck lot better than the PNC. .?
Aside from your usual hatred of blacks how was the PPP better?
1. How successful were all those projects which they poured millions of dollars. NOT ONE of them is a success.
2. How does the PPP deserve credit for the fact that gold prices increased, saving Guyana from embarrassment as its PPP CONTROLLED sugar industry was on the brink of collapse, with productions costs at THREE TIMES the price that they can get?
3. In its 23 years how did the PPP transform Guyana from a high cost producer of raw commodities sold in preferential markets at guaranteed prices?
I don't expect an answer because, aside from peddling your anti black bigotry, you cannot validate your comments with FACTS.
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