Log In

Reset Password
BERMUDA | RSS PODCAST

Economic recovery pledges too much to tackle, warns OBA MP

First Prev 1 2 Next Last
Scott Pearman, the shadow Minister of Legal Affairs (File photograph)
Michael Dunkley, the shadow minister for health (File photograph)

A wishlist of more than 30 Throne Speech priorities is too many for the Government to deal with, an Opposition MP said last night.

Scott Pearman, the shadow legal affairs minister, said the Government should prioritise immigration changes, foreign investment in the country and cutting the cost of the civil service.

Mr Pearman said in the debate on last week’s Throne Speech that the government had “bitten off more than it could chew” with an economic recovery plan that included 31 priorities.

He said: “We need real immigration reform and it must be comprehensive”.

Mr Pearman added the Opposition welcomed immigration changes spearheaded by Jason Hayward, the Minister of Labour, but that they did not go far enough.

He said that the island had to work harder to attract outside investors.

Mr Pearman added: “Circulating the same dollar from one to the next to the next in the confines of this island isn’t going to work. We have to grow the pie.

“If we are going to grow the pie, where is the money going to come from, because taxing those of us who are still here as people leave will make more people leave.”

Mr Pearman said that the cost of Government had to be tackled.

He insisted: “That doesn’t mean getting rid of public sector workers, but it means looking at what we are spending and trying to rein it in.”

Michael Dunkley, the shadow minister for health said, the economic outlook remained grim and that large numbers of Bermudians had emigrated.

He added that the healthcare system had been “brutalised”, and small businesses were “on life support”.

Mr Dunkley said: “Our economy is stuttering at best. Many people are just trying to survive.”

He highlighted that the US had started to “open up” despite the pandemic and he appealed to the Government to loosen restrictions.

Mr Dunkley warned if the Government failed to do so “the economic engine is going to struggle”.

He said: “It’s time to get back to a more normal way of life.

“The virus is unlikely to go away in the next three years, but the difference now is we have the tools to manage the virus.

“If we believe in the vaccine then we have to open up.”

Mr Dunkley asked: “If we accept that the vaccine works and if we as a people are smarter, what are we afraid of?”

But Mr Pearman praised Curtis Dickinson, the Minister of Finance, for looking at public private partnerships to fund major projects.

He said: “It is a very sensible course of action.

Mr Pearman added: “The reality is we don’t have much money left. As we learnt today, our debt is $3.35 billion, so if we are to have projects to better enhance Bermuda, to try to improve the lot of all of us, we are going to need to find a way to pay for them.

“The solution to that payment, as the Minister of Finance has recognised, is not to raise more taxes in a declining economy if we can avoid it.

“We are going to have to look at finding others who might be prepared to pay for the projects that we need.”

You must be Registered or to post comment or to vote.

Published November 13, 2021 at 7:35 am (Updated November 13, 2021 at 7:35 am)

Economic recovery pledges too much to tackle, warns OBA MP

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon