Word to the wise
By David “Joey” Harper | Mon, July 23, 2012 - 12:01 AM()
Barbados’ economy has been downgraded and the Central Bank of Barbados Governor’s contempt for the action of Standard & Poor’s – an international body that once rated Barbados as a place where investors could be confident – is totally unacceptable.
What is even more frightening is that neither the Prime Minister nor the Minister of Finance thought informing the Barbadian public we were now at junk status important enough.
We have come to believe the Prime Minister has little understanding of economics; hence his expected silence.
And the less said about Minister of Finance Chris Sinckler the better.
One hopes he follows his leader’s silence.
One cannot help but see the flashing faces before us of Errol Barrow, Tom Adams, Sir Harold St John and Owen Arthur, men who understood the importance of their positions.
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What is your take on Owen Arthur bowing out of elective politics? Is he going at the right time, too soon, or should he have bowed out before?
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