Latest update March 28th, 2025 1:00 AM
Latest News
- “It will be a very bad day for Venezuelan if they attack Guyana or ExxonMobil”—Rubio declares
- Guyana gets info on U.S. tax evasion allegations against Mohameds, Mae Thomas
- US$35 injected into banking system to address foreign currency shortage—VP Jagdeo
- Citizens to stage protest today against lack of access to information in Guyana
- Guyana vows to stand with U.S.
Context is everything! Is the river running dry?
Dear Editor,
Economics is a lively and entriguing subject. It is a real life guide of how man carves out a living from his environment from a business perspective. I have a pass grade in this subject from the London based GCE, O level exam. I am familiar with concepts of supply and demand, factors of production, optimum firms etc. They all makes sense at my level of learning. It,s a pity I never went on to the level of the finance Minister (Jordan). It seems that at his level, the subject delve more into articulation than visual facts. A few days ago the Minister was giving some comparative growth rates for our economy during the Jagdeo presidency and Granger,s presidency. To my astonishment! Jagdeo,s time was listed with growth rates of 1.2 to little over 2 percent. Granger,s presidency is listed with over 4 percent. To the normal Joes and Janes (Man and Woman) this does not make sense. Rice, Sugar , the construction industry and the manufacturing industry all seemed to have been doing better in Jagdeo’s time, in comparison to the Coalition’s reign, where every sector seems to be in chaos. Jordan’s comparative growth figure are reminiscent of going to a fishing outlet to purchase fishing hooks where a number 2 hook is huge, whilst a number 8 is a tiny hook. The bigger the number the smaller the product! This is the only way Jordan’s growth figures will resonate with the ordinary man in the street.
The degree of a politician’s honesty is reflective of his proclivity to expediency. Jordan was on a Facebook post saying that some politicians would like to see this Country have enclaves where certain people cannot go. He found it expedient to mention Jagdeo,s call to supporters in Bernice to ” chase them out” (Govt ministers) as an example . Jordan conveniently leaves out the date, March 31, from which the call was made to” chase them out”. Jordan in his dishonesty, found it expedient to elude the context of the passage of the NCM which constitutional renders his Govt illegal after March 31st. The Minister would be aware that his Govt has a policy to chase out people squatting illegally on state lands. With due respect! When a Govt is found squatting on the state illegally, as rendered by the passage of the NCM. It is only fair that the Govt’s people (ministers) be driven out too.
Context is everything. Is the river running dry?
Rudolph. Singh
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