Cooper: This is a failed budget” – The Nassau Guardian.

Excerpt from this article; Pointing to the government’s recently announced tax breaks and employment and revenue initiatives, Progressive Liberal Party Deputy Leader Chester Cooper yesterday called the Minnis administration 2021/2020 annual budget a failure.

The government’s debt level is expected to rise to $10.4 billion in 2021/2022 and the deficit is projected to reach $951.8 million after another round of borrowing of $1.8 billion after

Contributing to debate in the lower chamber, Cooper said the government squandered the opportunity to press the reset button and chart a new course for the country.”

What “new course” Chester? Now I am seeing why certain factions within the PLP say that you should not be listened to.

It is my opinion that nothing that Chester Cooper or any other PLP has to say about this budget communication can be taken seriously because of two factors; one being the Progressive Liberal Party’s performance when it comes to the economy and two being that the one of the main points that the PLP tries to sell in its last economic plan is that, the PLP could have managed the finances of the country better without borrowing but the first point shows the second fact to be complete and utter nonsense.

Like I have said, nothing that the PLP says concerning this budget can be taken seriously.

The Progressive Liberal Party (PLP) first fired up its base by telling them that the Free National Movement (FNM) government should not be allowed to use Hurricane Dorian and the COVID-19 pandemic as ‘excuses’ as to why the economy is in  a poor condition at this time but there are things that they have neglected to tell you.

They neglected to tell you that after introducing Value-Added Tax (VAT) and bragging on how well it was performing that the economy was downgraded a minimum of four times under much better economic conditions.  They went on to blame all of these downgrades on excessive borrowing by the previous FNM administration during a recession and a hurricane.

But a minimum of four economic downgrades under much better economic circumstances?

To me this sounds like laziness and ineptitude, but yet these are the same people that claim to now have all the economic answers.

They also neglected to tell you that before Hurricane Dorian and the pandemic a few key things that had began to happen; the economy was upgraded to stable, the LPIA spoke of a first ever profit; the hotels were saying that this was the best that they has seen in over ten years, the deficit was lowered, along with the rate of borrowing

So now the Progressive Liberal Party (PLP) attempts to downplay the effect of Hurricane Dorian and a global pandemic on the economy of The Bahamas, suggesting that if they were in power they could have navigated these trying economic times much more effectively and suggesting that these event are not reason enough for poor performance of the economy at this time, but the record of their past performance proves this to be nonsense and lies.

So we can see that the new, new, new [new] PLP’s new strategy is based deep in lies and hypocrisy, which most of their fervent supporters seem too happy to subscribe to .They will now focus on the pain and suffering of the average Bahamians as a political ploy to win an election, all while not offering the country any real and plausible relief and already have proven that if they were in power our economic situation would be much worst, all except the liquor stores.

The Progressive Liberal Party fails for one reason, it is their nature.

END