Category Archives: Recession

We Ent Wukking Anyhow

By Dr Selwyn R. Cudjoe
October 11, 2021

Dr. Selwyn R. CudjoeKaren Tesheira, in an insightful presentation on the budget 2022 statement, said, “A budget is far more than a number of figures cobbled together. It speaks to the government priorities, its values, its vision and its imperatives—in other words, its strategic plan for its citizenry.”

She titled her remarks “Government for the Rich and Powerful”, and reminded us of one of the main conclusions in the European Bank’s “Economic Inclusion Strategy [EIS]” (2017–2021): “The opening up of economic opportunities to previously under-served social groups is integral to achieving a transition towards sustainable market economies.” (Express, October 6)
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The Only Solution

By Raffique Shah
October 04, 2021

Raffique ShahI am writing this column before Finance Minister Colm Imbert delivers his Budget speech and announces measures that government intends to employ to finance its operations over the 2021-2022 fiscal year. What I write here is not new. Other commentators, economists, politicians and informed citizens will have said or written scholarly critiques of the economy, offloaded tonnes of advice and mountains of metrics on the minister.
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Criminalizing Civil Infractions

By Dr Selwyn R. Cudjoe
September 27, 2021

“All advanced legal systems condemn as criminal the sorts of conduct described in the Anglo-American law as treason, murder, aggravated assault, thievery, robbery, burglary, and rape.”

Encyclopedia Britannica

Dr. Selwyn R. CudjoeI always wonder why an inefficient government demands that its citizens be efficient when it represents the epitome of inefficiency. Recently, the government put out its regulations regarding its intention to collect “Property Tax” which requires “that every person in possession of residential land, commercial land, agricultural land or a combination of any of the above (mixed use) in Trinidad and Tobago furnish a return containing the particulars…on or before 30th November 2021.” Failure to comply with the requirement constitutes “a criminal offence which is punishable by a fine of five thousand dollars ($5,000).”
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Catapult, club and a bullpistle

By Raffique Shah
September o4, 2021

Raffique ShahNo state of emergency, lift the curfew and let’s get back to normal. We are fed up with Covid-19, 20 or whatever edition or variant is stalking us. No more. Time to show this beast just what Trinis are capable of. We will beat him to death with ‘wining’ and ‘jamming’, drinking puncheon rum. Release the Trini beast, Mr Prime Minister, and we shall show the world how to fight Covid, David, any id.
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Make poverty a punishable crime

By Raffique Shah
July 19, 2021

Raffique ShahEvery so often, and since Covid-19 struck, maybe all too often reporters in the mainstream media assail us with heart-rending stories of families living in abject poverty—you know the kind: mother with three-to-ten urchin-like children, no resident father or no explanation of his or their absence, crammed into a dilapidated shack that looks like it will collapse if you sneezed in it; the little faces staring into the cameras are poster-images for strife and famine in some God-forsaken distant land; and the cries are always the same… my children will starve to death… if only I had a house… no, I can’t afford to send them to school… we need food, clothes, books, electricity… and so on.
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Digging Out We Eye in Broad Daylight

By Dr Selwyn R, Cudjoe
June 15, 2021

Dr. Selwyn R. CudjoeA few days ago the Attorney General asked the Parliament to approve a supplementary vote of $118.9 million for his ministry. Barataria/San Juan MP Saddam Hosein asked (perhaps pleaded is a better word) how much money the lawyers (120 local and nine foreign) were being paid and the matters for which they were retained.

From the AG’s angle of vision, such a question was preposterous. He responded: “I would like to place on record that the request for the supplementation is driven by the fact that we are still in the course of settling $141.3 million in arrears from the period 2010 to 2015, during which $444.4 million was expended and arrears of $141.3 million left.”
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Small exports add up

By Raffique Shah
June 14, 2021

Raffique ShahI shall not dwell on the many options we have to produce some of the foods we consume and to reduce our heavy dependence on foreign foods for our survival. Far too many reports have been compiled by committees on this issue.

The fact that we have done very little to alter the food production equation in favour of local content or substitutes is a damning indictment against us all—from consumers who insist on foreign brands to farmers who cultivate or do not cultivate, depending on subsidies from government; from cooks who will not soil their hands preparing ground provisions for meals for adults who will die if they cannot get hold of foreign “fast foods” that are devoid of nutrition but laden with unhealthy ingredients and harmful additives that are addictive.
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Foods for your table

By Raffique Shah
June 07, 2021

Raffique ShahWarnings of food crises post-Covid-19 are dire. According to one study on global food security by the Centre for Strategic International Studies (CSIS), dated March 15, 2021, one year into the pandemic, ‘…at least four countries are facing…famine, …with 13 close behind…’ The study noted that one year ago, the UN World Food Programme executive director David Beasely, warned the UN Security Council of ‘famines of biblical proportions’ and of possibly 270 million ‘people experiencing crisis levels of hunger’.
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Searching for Our Truths

By Dr Selwyn R. Cudjoe
May 31, 2021

Dr. Selwyn R. CudjoeThere is much that is silly about the back and forth between the prime minister and the leader of the opposition about who is to be blamed for the rising death rate the savage pandemic has inflicted upon the people of our country. Rowley says that the candlelight vigils “organized and paid for by the UNC is a major contributory factor in the spike of Covid infections,” whereas Persad-Bissessar claims that the 50,000 people who visited Tobago during Easter “on the Prime Minister’s invitation resulted in the outbreak” (Express, May 25).
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Of dollars and sense

By Raffique Shah
April 26, 2021

Raffique ShahI round off my intervention on the many possibilities we might find in a new post-­Covid economy by reminding readers the pandemic has hammered economies across the world, irrespective of their sizes, in ways never before seen.

Oil was rocked to unimaginably low prices. Stock markets swayed as if in stupor, major commodity prices collapsed to uneconomic levels, and the virus disrupted world production of essential industries, goods and services, leaving governments confused, powerless, defeated.
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