Thu | Jun 17, 2021

Soaring fuel cost behind hardship

Published:Saturday | June 2, 2012 | 12:00 AM


Jamaica and the rest of the world are experiencing economic problems, but they should be consoled with the fact that problems are the fertile mother of progress to stimulate thoughts and actions for solution.

The causes of our economic problems are sundry, but the most obvious is the cost of fuel. Everybody knows that everything has a cost. The economist calls this opportunity cost. The cost of using far-cheaper coal, instead of oil, is pollution.

Vast and prosperous countries such as the United States and China use coal in areas many times the size of Jamaica. Our country has no excuse, therefore, not to use coal and use it quickly.

Corruption is another big problem. As many of us see it, some corrupt members in the private sector are intent on not only maintaining but increasing the gap between the rich and the poor.

One of the main weapons in their armoury is the bribery of politicians, and so not only should legislation to control political contribution be fast-tracked, but a special arm of the police force, led by a proven disciplinarian, should be created to deal with this.


Mandeville, Manchester