No shame!

Economy on right path, says Sealy

Acting Prime Minister Richard Sealy believes Barbados’ economy is headed in the right direction and that the ruling Democratic Labour Party (DLP) has no reason to be ashamed of its performance in office.

“This Government must also be commended for the effort, even in a horrible period in terms of the global economy,” Sealy said while citing a recent drop in unemployment from 10.2 per cent during the first six months of last year to 9.7 per cent for corresponding period in 2017.

“Unemployment is at single digits for the first time in a very long time in Barbados,” he told a DLP branch meeting at the Wesley Hall Junior School on Saturday night, adding that this was “one of the key metrics that you keep your eye on”.

And though conceding that the rate of joblessness was at single digits when the Opposition Barbados Labour Party was in office, he accused the former Government of putting people in public sector jobs to make the unemployment figures look good.

However, he said “we [in the current administration] have seen unemployment come into single digits in a situation where Government has not been hiring.

“In fact, if you take the overall picture since 2008 we have shed jobs,” he said, stressing that “we are in single digits largely because of the enabling environment and getting increased levels of investment in the private sector, not just flooding the ranks of Government”.

Though acknowledging that the economy was not growing as fast as Government would like, Sealy assured that “we are getting there [and] we are going in the right direction”.

He also told the gathering of DLP faithful that they should not feel pressured, “at a time when taxes are perhaps a little higher than we want”.

“You can defend it because your party has always been the party even in the most difficult of times to put people policies in place,” the acting Prime Minister said.

“We don’t have anything to be ashamed of as a party. The party has kept focused on what’s important. The party continues to run this country in what we regard as a very effective manner.”

Warning that Government must be prepared to make the difficult decisions, he said “some of the measures that we take as a Government, even if they have a small pinch, [they are] designed . . . in the best interest of all Barbadians, including ordinary Barbadians, because it can’t be only for the here and now, we have to think also of down the road.

“If for example a tax increase in one respect is required, that is done with a view of avoiding much more painful measures that could result if you don’t do it,” he said.

In this regard, Sealy praised Minister of Finance Chris Sinckler, who was in attendance at the meeting, for “keeping everything on an even keel”.

“It is still good while we value the importance of the social infrastructure that is needed for everyone that we are still running those affairs in a sound and disciplined manner,” he added.

11 Responses to No shame!

  1. Johnathan September 25, 2017 at 11:27 pm

    Wunnah ain’t got to be shame cause wunnah just in got none. Had you guys have you would surely be too shame to come back to suffering,can’t send their children to school or feed them bajans to ask for a vote. Richard it is better if wunnah do like Frudel and shut to funk up..

  2. hcalndre September 25, 2017 at 11:32 pm

    That`s what the PM left you to say in his absence about the economy. How many times the public have heard that light was seen at the end of the tunnel and no train has arrived, after Good Friday, no Easter, the economy has turned the corner, which corner? and now you`re saying it is heading in the right direction, up or down? The unemployment rate is down to 9.2%. with all the layoffs from 15%., because they are being hired by the Private sector you said, Good con job by the acting PM.

  3. just observing September 25, 2017 at 11:37 pm

    Mr. Sealy , you living on the moon? You drive on the roads of this country recently? You went in the supermarket recently? While yuh at it check the garbage collection, the overgrown bush on both sides of the road, lack of ice in the fish markets, have to journey to one place to get a simple photo for a driver’s license- rest of machines not working. Can’t even get enough buses on the roads and most of this country in a state of disrepair, Yuh know what?You need to go back to sleep like the PM and wash yuh face to clear yuh eyes when yuh get back up. You really insulting Barbadians. Stupse!.

  4. BaJan boy September 26, 2017 at 12:09 am

    Richard like he just wake up so no need to disturb him..

  5. Alex Alleyne September 26, 2017 at 12:30 am

    Another one who just earned his “foot in mouth degree”.

  6. Jennifer September 26, 2017 at 1:17 am

    Richard I agree with you, that you have no shame. If things were that bad there would be some Payne in this place. Grin and bare peacefully.

  7. Rubina September 26, 2017 at 1:46 am

    Always the blame game. Doing the same thing that these accused the others of doing.

  8. bradg September 26, 2017 at 7:27 am

    “This Government must also be commended for the effort, even in a horrible period in terms of the global economy.” The man appears to be saying this with a straight face…….smh.

  9. harry turnover September 26, 2017 at 11:18 am

    Sealy the ECONOMY was said to be going in the right direction since 2009.
    Sealy with all that has happened in this Country since wunna took over you got the gall to say that ECONOMY is headed in the right direction in 2017 ?

  10. Ann Thomas September 26, 2017 at 6:07 pm

    Delusional Lacklustre Party engaging in the compartmentalisation of people’s memories.

    This is the voice of one who is so far removed from the realities of what ordinary Barbadians face. If the situation was not so serious, the gentleman’s words would be comical.

    Economy going in the right direction? Really and money still being printed? Perhaps the words of the Acting Governor of the Central Bank have escaped him – growth in the economy is expected to slow down by the end of the year.

    You certainly put people policies in place – we all scrunting, sucking salt until there is no more to suck. A real effective policy that packs a large punch not a small pinch.

    What enabling environment and increased levels of investment are you speaking about? Wyndham at Sam Lord’s? Sixty percent Chinese labour? That certainly helps the employment situation in China. Four Seasons? The Minister of Finance was signing the papers for the sale of that property since 2014. Really? And now to get fast money, a proposal to sell the Hilton.

    Just put us out of our misery and call elections.

  11. Tony Wiggins September 28, 2017 at 3:26 am

    Call the General Election NOW , Mr Prime Minister because we can’t take no more . The economic measures have been failing and yet the PM continues to praise the minister of finance rather than firing him !
    Every year we are paying more for goods and services with promises that the economy will improve but things have gotten worse ! We must go to the Polls , NOW !!!


Leave a Reply

Your email address will not be published. Required fields are marked *