Dear Editor,
I can remember during the 1990s when the Jamaican dollar kept sliding, and what was then called The Butch Stewart Initiative temporarily stopped that slide by his pumping in millions of United States dollars in the system. Today, Jamaica needs its economy to grow and has called on Michael Lee-Chin to serve as a “growth czar”. This isn’t a novel idea.
President Obama called upon Warren Buffet and a team to voluntarily rescue the United States economy when they faced the greatest recession after the 1929 stock market crash.
I saw Lee-Chin on television giving information as to the work to be done. Now there is talk as to whether or not he is to be paid. But can we afford to? Shouldn’t we take care of the basic expenses the growth council incurs?
But if we have to pay them, then shouldn’t we pay Richard Byles who serves the Economic Policy Oversight Committee or Dr Vin Lawrence at the Electricity Sector Enterprise Team, or retroactively Butch Stewart for his initiative? And where does it stop? Certainly, their work must be priceless, patriotism usually is.
Mark Clarke
Siloah PO, St Elizabeth
mark_clarke9@yahoo.com
I can remember during the 1990s when the Jamaican dollar kept sliding, and what was then called The Butch Stewart Initiative temporarily stopped that slide by his pumping in millions of United States dollars in the system. Today, Jamaica needs its economy to grow and has called on Michael Lee-Chin to serve as a “growth czar”. This isn’t a novel idea.
President Obama called upon Warren Buffet and a team to voluntarily rescue the United States economy when they faced the greatest recession after the 1929 stock market crash.
I saw Lee-Chin on television giving information as to the work to be done. Now there is talk as to whether or not he is to be paid. But can we afford to? Shouldn’t we take care of the basic expenses the growth council incurs?
But if we have to pay them, then shouldn’t we pay Richard Byles who serves the Economic Policy Oversight Committee or Dr Vin Lawrence at the Electricity Sector Enterprise Team, or retroactively Butch Stewart for his initiative? And where does it stop? Certainly, their work must be priceless, patriotism usually is.
Mark Clarke
Siloah PO, St Elizabeth
mark_clarke9@yahoo.com