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Hotel owner wants to become President?

Nov 15, 2019 Letters

Dear Editor,

A hotel owner wants to become President of a country by offering to slash taxes and get the economy to boom? Have we not heard that reckless promise elsewhere and how is that working out?
This local version smacks of the same businessman as saviour backed by a cruel theory of trickle down economics where the business class gets all the concessions/state resources and the workers the same old crumbs.
This is exactly not what the Cooperative Republic of Guyana needs.
We had that for decades under the Jagdeo/Ramotar regime and its giveaways to its families, cronies and bootlickers even as it colluded with the business class to keep public service wages low and undermine union representation as the hotel owner personally did.
He also talks about privatising GPL and other utilities.
Why not ask how that has benefitted prices and reliability of such services around the world while enriching favoured party donors with lucrative monopoly contracts.
As for the hotelier’s running mate, his continued mentioning of only the nominal royalty rates for the oil contracts rather than admitting that the effective minimum royalty rate thanks to production sharing, is actually over 14%, is intellectually dishonest. He knows it but will say (or not say) anything to further his ambition.
That these two hold press conferences in a luxury hotel says everything about where their interests truly lie.
Albert Russell

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