Drugb posted:caribny posted:Drugb posted:But it is Granger that running the country. .
Jagdeo destroyed GuySICKO. Few of the people at GuySICKO voted for him. Maybe he just needs to refuse GuySICKO's begging bowl next.
The same bowl that they have been pushing since Jagdeo pushed the ill conceived Skeldon and put in a management team of incompetent thieves.
US$500 million poured in by the PPP and hundreds of millions of debt, due to the PPP, and you refuse to blame them!
Nonsense, Guysuco was not destroyed, it just did not modernize with the changing technologies. The attempt by the PPP to modernize via skeldon factory was ill advised by the booker tate company. This is a prime example why govt should not be running business.
Now Granger et al came in and said they will fix all problems and the people believed. Now they put jackass Clive in charge of Guysuco and he failed in the past 1 1/2 years. His solution to the inefficiency is to cover it up with value added products. This is most idiotic as the root of the problem is not addressed as it is swept under the carpet.
Guysuco was not destroyed. In the larger scheme of things, Guyana was a small country and found it difficult to compete with the much larger producers. Under Bookers, it was part of a larger vertically integrated enterprise, which as a whole, was viable. Both Jagan and Burnham, in their folly thought they can use the raw supply (tail) to wag the dog, the down-stream industry. They may have planned on some Soviet support like Cuba received, an EU style subsidy.
Anyway, regardless, Guyana remained a small player dependent on an EU subsidized market. The industry never was built-out to a self-sustaining critical mass so we have what we have. Sugar will never become much more than what it is, maybe a little here and there, some refining, etc. It will be around as a political football and employment provider for some segments of the population and earning some foreign currency.