OBA Allergic to Both Facts and the Economic Pain felt by most Bermudians

OBA Allergic to Both Facts and the Economic Pain felt by most Bermudians

 

 

It seems as if Bob Richards and the minority OBA Government are both ignoring the facts and economic pain felt by many Bermudians.

Bob Richards is entitled to his own opinions, but not his own facts. The fact is that in the third and fourth quarter of 2016, GDP fell by 1.8% and 2.4% respectively. A recession is defined by two consecutive quarters of negative GDP growth. Bermuda’s economy has re-entered a recession and Bob Richards cannot redefine the laws of economics.

Bermuda can do better than it's doing under the OBA.

Under the OBA, the divide between the two Bermudas is increasing. The Minister’s disconnect from the economic reality that most Bermudians are feeling could be that in the OBA's Bermuda, things are going well and the haves are getting ahead. But, in the rest of Bermuda, Bermudians are struggling to find work as Bermudian jobs disappear, falling behind due to the ever-increasing cost of living, and they are fearful of a future that could include the OBA bringing back Pathways to Status.

If the OBA government cannot even realise that the economy is not working for the majority of Bermudians, how can they be trusted to build an economy that works for you?


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