Fri 20th Apr 2018
The financial and economic situation in SVG has deteriorated vastly since the grossly incompetent ULP regime took power in 2001. Leadership in SVG has been in sharp contrast to the leadership of the historic, great world leaders Fidel Castro of Cuba and Lee Kuan Yew of Singapore.
Their vision and dedication turned their countries - Cuba and Singapore – in to great nations. In comparison, the ULP regime’s lack of vision and dedication has turned SVG in to one of the most highly-indebted and economically unstable countries in the world.
When Fidel Castro took power in Cuba in 1959, the sugar industry could not sustain Cuba’s economy. Fidel Castro focused on three variables (1) free, high-quality education from pre-school to university for everyone, (2) high-quality health care and (3) import substitution, to build a very strong and sustainable economy.
Today, Cuba is an international success story, with a good economy, great healthcare and a great education system. Cuba exports doctors and many students travel to Cuba to study. This is down to the vision and dedication of Fidel Castro.
When Lee Kuan Yew took power in Singapore in 1959, Singapore was very poor, had a high level of destitution and the revenue from Singapore’s ship-yards could not sustain the Singapore economy. Lee Kuan Yew focused on three economic variables (1) free, high-quality education with equal opportunity for all ethnicities from pre-school to university, (2) high-quality health care and (3) import substitution.
Today, Singapore is an international success story, with a strong economy, the highest average salary in the world, the highest number of millionaires per capita and one of the highest standards of living in the world. Singapore exports knowledge and highly-skilled services and many students travel to Singapore to study. This is down to the vision and dedication of Lee Kuan Yew.
In contrast, since taking power in 2001, the ULP regime has focused on four variables:
(1) A foreign policy of begging and borrowing, because they lack the innovation and ability to move our country forward without begging;
(2) A policy of debt relief, because they lack the ability to manage the public accounts competently. The ULP regime failed the SVG 1979 Constitutional Director of Audit’s public accounts audit in 2008, 2009 and 2010;
(3) A policy of tax and customs duty exemptions for Taiwan and the super-rich, white migrants of Mustique and Canouan. These tax exemptions are outrageous and a stupid plan by the ULP regime, as it deprives SVG of the financial resources needed to build vital infrastructure and provide our children with free, high-quality education;
(4) A policy of building jails and not universities.
Today, SVG is an international failure story – heavily indebted, high crime and unemployment, high levels of poverty and destitution, 3rd highest rate of rape per capita in the world, 4th highest murder rate per capita in the world and a failing economy nearing collapse. Vincentian students have to go abroad to get a university education. This is down to the lack of vision and dedication of Gonsalves.
According to Warrant Officer Ivan O’Neal BSc (hons), MSc, MBA, Leader of SVG Green Party, the grossly incompetent ULP regime has failed our people and country in a big way; there is poverty and destitution throughout SVG.
Only a new government can create an economic model similar to that of Cuba or Singapore and bring prosperity to our people.
-: CLEANED :-