Wed | Jan 16, 2019

Who gives a hoot what The Economist thinks?

Published:Tuesday | February 23, 2016 | 12:00 AM


We have a tendency in this country to believe what foreigners say above the ideas our own people put forward. Here comes The Economist pronouncing on the Opposition's tax-relief plan and saying it will be bad for the International Monetary Fund (IMF) agreement.

Why? Just because The Economist says it? Do they even care about the plight of Jamaicans enduring high taxation, with many on the brink of poverty? The Economist seems to be more concerned about its rich First-World brother, the IMF, being paid its due from poor Jamaica.

Then the publication tries to rubbish the thought of providing more jobs than the number of unemployed persons, as if the writer doesn't know that many persons in First-World countries hold two or three jobs. I take their line of reasoning as an insult to Jamaicans' intelligence.

And, while we are at it, with all the trouble in the world concerning the uncertain future of oil, migrant crisis in Europe and China's economic slowdown, The Economist elects to latch on to comments from an Opposition party in a small Third-World country with 2.7 million people. I wonder why.

Truth, they say, is sometimes stranger than fiction.