Saturday, February 13, 2010

BELIZE REPORT CARD IMPROVES FROM 37% TO 42% APPROVAL RATING FOR THE UDP GOVERNMENT

REPORT CARD IMPROVES FROM 37% TO 42% APPROVAL RATING FOR THE UDP GOVERNMENT
BELIZE UDP GOVERNMENT UPGRADED 5% ON PERFORMANCE REPORT CARD
New rating jumps from 37% to 42%

The rating is based on practical management applications of incoming monies and distribution thereof, to infra-structure maintenance and development issues the country needs.
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There is in the Guardian Newspaper the political party UDP information rag for the current government, an article on the past year, delivered it says, as a STATE OF THE UNION address.
We were disappointed! It was more like a political bombast and rhetoric disinformation exercise. It certainly was not an ECONOMIC STATE OF THE UNION article. Pure hyperbole and lacking in statistical references to verify the claims. The inflation claim was so ludicrous as to be embarrassing. Ask the leader of the UNIONS. The government is claiming an inflation rate of negative 1.1% while the Unions are claiming 10% per year. Myself I judge the inflation rate at 8%.
If you cut out the party propaganda statistics. What you had left, to factually judge Government performance was ZERO. There were no factual GDP statistics offered. Indeed, it has been mentioned the Prime Minister does not like GDP ratios. Too embarrassing to his political party I suppose? We would certainly like to see the Debt to GDP ratio, as that is the only valid judgment of the quality of the UDP party management policies.
We were sorry we could not give more points on the performance report card. We would have given ten points, but the problem with the UDP government performance is that the results are based on GRANTS and FOREIGN LOAN BORROWING for our already bankrupt country. For management and distribution of monies in actual work, they got the 5%. Not for anything else. The GRANTS were worthy of merit and accolades. The Foreign Loan borrowing are not acceptable criteria for awarding of points on a report card. Any ORANGUTAN can borrow money and spend it.
The disinformation inflation rate immediately made all the numbers quoted as suspect. Especially as they were not qualified by GDP ratios as in empirical science statistical analysis.
We the BELIZEAN PRIVATE SECTOR still need the GDP ratios to properly judge ECONOMIC PERFORMANCE and make plans accordingly for re-investments and expansions of the private sector. This STATE OF THE UNION ADDRESS did not answer our needs, or do more than suspect the UDP of falsifying the real economic picture.
We ask the Prime Minister, Dean Barrow to authorize the release of the GDP ratios. We understand his reluctance to do so, as he is doing a difficult job in difficult times, not of his own making. Blowing smoke in our faces to cover up, makes you ( PM BARROW) look like a WHIMP! Even Said Musa had more courage than this, despite his shortcomings.

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