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Fri 6th Jul 2018

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Vincentian business man says ‘Penny Bread’ the leading product in SVG

A business man in the constituency of North Central Windward says poverty, destitution and hunger are so deep and widespread in SVG that penny bread is the leading product. He said that building a bakery with a high emphasis on selling penny bread can be a good investment.

The business man further stated that the SVG economy is in the worst condition in living memory with most of the agricultural land left to grass, and that in his opinion, the poor circulation of money is a major factor for why the SVG economy is stagnant and non-productive.

Most Vincentians strongly believe that the popularity and high volume of penny bread sales shows that under the ULP regime the indigenous poor population is getting poorer and poorer by the day. The majority of people in the poor sector are likely to have their piped water and mains electricity cut off quite frequently. The down side of this living environment is that it can have a negative impact on the children’s education in poor families.

Many persons have also complained to the Leader of SVG Green Party, Warrant Officer Ivan O’Neal BSc (hons), MSc, MBA, that under the ULP regime they cannot make ends meet to look after their family. The penny bread has become their means of survival.

Warrant Officer Ivan O’Neal BSc (hons), MSc, MBA strongly contends that gross incompetence by the ULP regime is the core problem in SVG, stoking deep and widespread poverty, destitution and hunger in SVG. As long as the ULP regime remains in power in SVG, poverty, destitution and hunger will always be a major factor that will impede the quality of life for the indigenous population in our country.

SVG has been a catastrophe under the ULP regime. The highly incompetent ULP regime spent a big heap of money on road improvement from North Windward to East St George, but the big heap of money should have been invested in a ‘Cash Cow’ to create a sustainable return and the road from North Windward to East St George improved incrementally from revenue gained from the ‘Cash Cow’.

During the United States Great Depression, ‘Penny Restaurants’ fed the unemployed and the poor -
every item cost a penny. Breadlines, where hundreds of poor people waited for hours, were an all-too-common sight during the Depression. SVG is in the midst of its own ‘Great Depression’.

People all over the country say that the ULP regime simply does not have the ability to create sustainable economic development in SVG. SVG is turning in to Haiti – poverty and destitution everywhere. The legacy of the highly incompetent ULP regime leadership is that they have created a penny bread society riddled with poverty and unemployment.

A very good example of sustainable economic development in developing countries is Singapore. Singapore’s model of free, high-quality education from pre-school to university has turned Singapore in to one of the most richest countries in the world with a strong economy, high wages and very low unemployment. Penny bread is not needed there.

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