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Reply to "More working class Guyanese losing jobs"

Originally Posted by caribny:
Originally Posted by Conscience:


Source: PPP

That is all I need to know to rubbish this.

 

You were fired because your job was a waste of tax payer funds. As a result the PPP left the government coffers empty.

 

Now you want to talk about a slowing economy?  Given that the coalition has been in power for just over a month, clearly the slowing economy has its roots in conditions which were already in place before.

 

The PPP did NOTHING to transform Guyana from being an exporter of unprocessed commodities.  It encouraged a speculative economy based on bubble like investment in real estate and the retail sectors, even as the productive sectors were all slowing.

 

Quit your cackle.

If it were clear, there would be no argument about the issue. Please quote your source which stated that the Guyana economy was slowing because of factors before the new government assumed power. What is your source for a real estate  or retail bubble. Might not a slowdown be a result of people having no confidence in the government to manage the economy and promote promote opportunities for their companies to grow thus employ people? This is a question at this point.

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