We need to cut the wastage, warns Husbands

Government’s economic policy is creating a poorer class of citizens, with many parents forced to feed their children ramen noodles and sardines for breakfast, the Opposition Barbados Labour Party (BLP) has charged.

St James South candidate Sandra Husbands suggested the administration was formulating economic policies without giving much thought to the impact on people’s ability to spend.

As a result, she said, many households were struggling to meet the very basic of needs.

Sandra Husbands

“We have close to 4,000 children who have to get up every morning and go somewhere for somebody to give them breakfast. That never used to happen in this country. Children got up on mornings and could say if they want cornflakes, pancakes or they want nuggets. Many parents find themselves having to feed their children on ramen or macaroni and sardines, or nothing. When the economy is in that downward spiral your dreams are suffering,” Husbands said in a presentation at Queen’s College this week that formed part of a public education series on How The Economy Works Towards an Informed Voter.

The former Small Business Association president was particularly critical of Government’s tax policies, warning there was an optimum level beyond which “it discourages or chokes investments or business” and limits people’s spending power.   

“If you keep extracting money from out of the spending wheel of the economy the economy will contract. When you tax people before they spend the money what you do is cause a contraction in the economy. So if you take up my income tax higher, if you tax my entertainment allowance, if you tax my travel allowance I now have less . . . to spend in the economy. So when I don’t spend the

start to suffer.

“So it [the economy] has to continue to grow. Any time it stalls, any time it declines, what you are doing you now put your youth at risk and . . . they have studied and can’t get work, that is a social disaster,” Husbands stressed.

The BLP spokeswoman pointed to the Cave Hill Campus of the University of the West Indies (UWI) as one of the victims of Government’s economic policy, reminding the audience that enrollment had sunk from about 6,000 locals per year to approximately 3,800 after Barbadian students were made to pay full tuition.

The ripple effect, she said, included a loss of about a third of the approximately $30 million UWI generated in income each year and cuts in several areas, including courses.

She said not only would this make the university less attractive to foreign students, property owners would also suffer because of a drop in the number of available tenants.

“When you do that you set up the economy for contraction [and] over the next ten [to] 15 years you are going to feel that contraction across the economy. It did not make sense. Cut the inefficiency, identify the key areas you want people to study in, sit down and work out how many students you can carry and pay for them to get their university education because a university graduate will always earn more than a non-graduate . . . . If you have people with lower skills it affects the quality of investment that you can bring. You cannot bring businesses that need the higher skills, you can only attract businesses that need the lower skills and the economy continues to contract,” she said.

8 Responses to We need to cut the wastage, warns Husbands

  1. Tony Webster February 2, 2017 at 5:08 am

    I hope our historians are taking copious notes of the facts that accompany us on our daily travail- and thus are oft overlooked- so that when the analysis of the last decade or so is written, and placed into its context of our journey into the next 50 years ( or even next 5), that we shall be reminded of at least two things:-

    1. We need to renew that deep inner faith in ourselves…rather than placing blind faith in other people who present themselves for high office.

    2. We need to respect a great deal more, the responsibility inherent in placing an “X” on a ballot, and to be much more circumspect of candidates presented to us.

    I confess utter shame at realising we have 4,000 of our young citizens who eat breakfast at the tables of others than their parent’s. I also confess equal measure of respect and gratitude for the “Y”- and other N.G.O’s ( and corporate Barbados too) that do so much to assist such unfortunate children.

    Lord, please deliver us out of this place where we we now abide…this Rocky Gully in The Year of our Lord 2017.
    PS: And Good Luck to you Ms. Husbands…”your back strong”…and you shall prevail!

    Reply
  2. jrsmith February 2, 2017 at 7:04 am

    If you want to remain poor you will remain poor , I you want to change your life you also change your life…

    Lots of people in barbados is living in la, la land believing their are middle class because they whole livelihood is conducted by credit cards.. and bank loans, I know some one not a close friend in Barbados who her husband left her for extravagant spending , cant pay her light and power or car note but, borrow 1200 dollars to buy an I phone…and said to me lots of her friends is in worst state than her………………………………………………..
    Bajans are depending on our non productive politicians to do what I dont know , this present bunch of politicians cannot even talk sense……
    Bajans need to stop wanting everything for free ,
    Stop waiting for hand outs .
    Stop wasting time praying .
    Stop wasting they few dollars giving to the churches,
    Stop listening to people who shouts and cant help, the talk, talk brigade…this stupidness was going on for decades……..
    Stop allowing our politicians to treat us like fools…………………
    Start getting communities together doing something worth while economically. get those plots of land working..Beware of the banks………………………………………………..
    Start controlling our villages controlling our young people….
    Start listening to bajans who are bajans to help bajans…
    I will be home soon hoping to bring some dollars and ideas…

    Stop waiting there is nothing coming from anywhere you all will wait until the cows come home….

    Reply
  3. Greengiant February 2, 2017 at 7:46 am

    It’s always amazing when these want to be elected members come to the people with their theories. She must have been reading from a prepared script. She lead the SBA for quite a while and did nothing for small business development that would by now be contributing much more to the local economy.

    Again like in the case of the lawyers, ” if you couldn’t service the needs of the people within that small SBA community how can you service a larger community of people “? We don’t need this type of representation who comes to us telling us that decisions now will affect us negatively for the next fifteen years. When the current administration said the country was suffering partly as a result of poor decisions made by her party while in government they were told to shut up and govern, so why is she now preparing a pitch to bat on fifteen years on. She should be chief curator for the WICB.

    Reply
  4. Brewster February 2, 2017 at 2:04 pm

    Totally agree with Jrsmith. It is now fight for your life time. Never dreamt that 400+ kids could be in that situation in 2017 in Barbados. Politicians doing nothing and handing over everything to foreigners (non bajans). High on the leagues for education and unable to manage our own business! How dare a Trinidadian tell us to give up the bajan dollar. So much foolishness going on there that it is unbelievable. All those coming in and taking over do not have the bajans at heart. The money is not staying in Bim. Use your voice to protest, strike if necessary and make noise when unsatisfied with plans for the country and get rid of that Government!

    Reply
  5. Leroy February 2, 2017 at 2:23 pm

    Which one of wunna wanna be politicians will stand up and
    1. Cut the fat in gov
    2. Provide the public All monetary commitments/contracts of gov laid in the house and by gov institution in hard copy and online within 15 days of said aggreement.

    Reply
  6. Black African February 2, 2017 at 8:05 pm

    I agree with Brewster . I know a certain good man who when to UWI and study Political Science and Law and Graduated. He works in Government as a clerical Officer. And the people at CPO would not up grade him at all and further to this they gave all the new created posts in a certain Department where that honest man is now working to their friends who only got 4 o levels. That Humble man got 25 years in service at lease that was what I was told

    But you know what that said man isn’t even moved by their actions . He went on to do his LLB and is on the verge of passing out , meanwhile the whole office is gossiping about him. he pays his own tuition out of his small salary and he has his house to run with a son and have to face the market forces.

    So politicians cant be trusted or the so called political cats in makeup in the service because they intend to breach every rule of law and create their own. They have their own theory which is intended to frustrate the economy – some body has to lose power by acts on their part.

    Reply
  7. JOHN February 2, 2017 at 8:47 pm

    I agree with Brewster. I know certain good man who has my name and who when to UWI and studied Political Science and Law and Graduated. This man works in Government as a clerical Officer. And the people at CPO would not upgrade him at all and further to this they gave all the new created posts in a certain Department where that honest man is now working to their friends who only got 4 o levels. That Humble man got 25 years in service at lease that was what I was told
    But you know what that said man isn’t even moved by their actions. He went on to do his LLB and is on the verge of passing out, meanwhile the whole office is gossiping about him. He pays his own tuition out of his small salary and he has his house to run with a son and have to face the market forces.
    So politicians can’t be trusted or the so called political cats in makeup in the service because they intend to breach every rule of law and create their own. They have their own theory which is intended to frustrate the economy – somebody has to lose power by acts on their part.

    Reply
  8. Jennifer February 2, 2017 at 9:16 pm

    @jrsmith – ADD = Stop buying Remi, and wearing other nations hair like clowns.
    Stop buying this nasty fast food and COOK
    Stop buying things you don’t NEED in the supermarket
    Stop trying to keep up with the joneses
    Stop giving children unhealthy foods like hot dogs, nuggets, burgers, spam etc
    Stop the ignorant phone talking wasting money
    and the list goes on. IN OTHER WISE PRIORITIZE and SPEND WISELY

    Reply

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