Confronting our financial crisis Published: Sunday | February 8, 2009 [pic] Ian Boyne, Contributor With reports of closure in the bauxite industry, the collapsed cabbage divestment deal with Infinity Bio-Energy, heavy retrenchment at advertise Jamaica, layoffs across various sectors, a ballooning trade shortage and rapidly sliding dollar, theres no doubt the crisis is upon us. The confrontation is still saying the Government is not coming clear-cut with the facts surrounding Jamaicas economic crisis, but the people dont pauperisation the Government to tell them that things are bad and getting worsened - it is their everyday reality. The interpretation that they put on it is what is up for grabs, and twain the Government and the Opposition would like their own interpretation to stick. nevertheless the fact is that our crisis is too abominable and our prospects too daunting to be left to the mercy of political gamesmanship. Opposition backbencher Dr Peter Phillips, in his short but substantial contribution to the debate on the supplementary estimates in Parliament on Tuesday, made an strategic point, that while it would be tempting for both sides to engage in blame-placing and selective historical recounting, Jamaicas problems are too serious to be treated in that way.
Phillips, demonstrating his own stature and grasp of issues, pointed to the severe economic and financial crisis that the world is experiencing, with its consequential impact on Jamaica. He spoke about the limits of the traditional adversarial politics, saying the crisis is not just one veneering the Government but facing all of us. This is going to be our biggest challenge as a nation at this time of crisis: how to summon the bodied resolve and will to overcome our tribalist instincts and proclivities in rear to form a common front in the face of this economic meltdown. Supplementary Estimates Tremendous leadership will be needful on all sides, but the Government has to take the lead. minister of Finance and the Public... If you want to get a full essay, order it on our website: Ordercustompaper.com
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