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Jul 4, 2012

How would you describe this year’s budget?

And our question for tonight is: How would you describe this year’s budget? Austere, disciplined, or lacking. Send your comments and responses using your SMART phones to 8686 or post your vote on our e-poll at channel5belize.com. You can also send an email with your comments to questions@channel5belize.com.

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2 Responses for “How would you describe this year’s budget?”

  1. Ricky Malthus says:

    Belize from its founding lived with austerity and austere budgets. By definition a budget is disciplined to promote efficiencies and maximum utility. So Barrow’s budget is lacking because it has too much hot air and smoke. The end result: will Belizeans benefit, or just Boots Martinez, Cutkelvin, Santino Castillo, UDP HRs. To me it is another futile exercise of tax and spend where one creole has a bigger house, a better car(late model), and walk around like the baddest “Bregging Tubba”. Da so things work in Belize and if yu smata than dem , they malice yu or chance yu. Throw the stone and hide them hand. Ha ha!! Ha, ha!!

  2. Storm says:

    Any budget that runs a deficit is lacking by definition. It is wrong and stupid policy to spend more than you have, and keep building up debt for tomorrow.

    The economic collapse of Greece should be a stark warning for us, and we are so close to our own collapse. And the sword of Damocles is hanging over us — the “Superbond.”

    More important, there really is no clear plan on how WHY any government programme exists, or where they are going. GOB doesn’t plan ahead more than sunset today, it seems.

    We need a national STRATEGY — what do we need, how do we want to achieve it? I think we only need three things from government: [1] security [competent and honest protection, police and BDF], [2] fair business-friendly policies to encourage capital investment, both foreign and Belizean, and CREATE JOBS, and [3] subsidised education so that even the poorest children can have an opportunity to achieve a good future for themselves.

    I would examine every penny spent to see whether it helps achieve those goals. Anything else is unnecessary.

    [I deliberately omitted a national health service, because if we have good jobs, we can get the health care we want privately, and that choice is better. I believe competition improves services and products.]

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