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PNM in Gov't (2020-2025)

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Kickstart
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Re: Re: PNM in Gov't

Postby Kickstart » April 19th, 2021, 11:32 pm

Habit7 wrote:
Kickstart wrote:Epic back pedal

No, let me make it simple for you.

Me pointing to one mall at one time doesn't counter the universal trend of malls declining because of online shopping. If tomorrow C3 Movie Towne is full because ppl come to watch Mortal Kombat, that does not mean the cinemas are not declining during covid-19.
The economy is not stimulated , people are not spending and it is not due to
Covid. The measures put in place by the government is not working both in forex and the local economy.

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Re: Re: PNM in Gov't

Postby shake d livin wake d dead » April 20th, 2021, 5:40 am

SuperiorMan wrote:
The_Honourable wrote:
SuperiorMan wrote:Tuner Friends,

When do you all think UNC will win again?


It's normal in democracies for governments to change so to answer your question, yes they will.

In it's current form? No. UNC was on a loosing streak with Panday since 2002 and once he was removed, UNC won (in a partnership). Kamla is in the same position now as Panday in the 2000s... loss after loss and not leaving while the supporters are not seeing anybody else beyond the current leader.

PNM doing chit and most of the population don't respect Rowley but UNC still have the stains of their 2010-2015 governance whether it was real for example SIS or fake, like emailgate.


Thanks for your response The_Honourable.

I was asking when you think they will win again....do you think the next election once they get rid of Kamla?


They will win when
Kamla
Roodal
Wade
Rudy
Kadija
Lee

Throw deh frame....when that gonna happen...no1 knows

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Re: Re: PNM in Gov't

Postby Redman » April 20th, 2021, 7:03 am

They will win when the frigging grow up and convince is that they serious.

Present policy, treat the people's business seriously...not like the short term points system it is now.

Ent we have short term memory?...
If that is true it can't be that hard

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Re: Re: PNM in Gov't

Postby shake d livin wake d dead » April 20th, 2021, 7:41 am

I like Penelope or Brown for new leader within the PNM. Might be a long shot...but shrugs shoulders

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Re: Re: PNM in Gov't

Postby Redman » April 20th, 2021, 7:59 am

Penny would be a popular choice, Brown not so much

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Re: Re: PNM in Gov't

Postby Habit7 » April 20th, 2021, 8:00 am

Kickstart wrote:
Habit7 wrote:
Kickstart wrote:Epic back pedal

No, let me make it simple for you.

Me pointing to one mall at one time doesn't counter the universal trend of malls declining because of online shopping. If tomorrow C3 Movie Towne is full because ppl come to watch Mortal Kombat, that does not mean the cinemas are not declining during covid-19.
The economy is not stimulated , people are not spending and it is not due to
Covid. The measures put in place by the government is not working both in forex and the local economy.

Ok economist.

I am sure you have a plan to revive mall shopping too.

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Re: Re: PNM in Gov't

Postby Kickstart » April 20th, 2021, 8:26 am

Habit7 wrote:
Kickstart wrote:
Habit7 wrote:
Kickstart wrote:Epic back pedal

No, let me make it simple for you.

Me pointing to one mall at one time doesn't counter the universal trend of malls declining because of online shopping. If tomorrow C3 Movie Towne is full because ppl come to watch Mortal Kombat, that does not mean the cinemas are not declining during covid-19.
The economy is not stimulated , people are not spending and it is not due to
Covid. The measures put in place by the government is not working both in forex and the local economy.

Ok economist.

I am sure you have a plan to revive mall shopping too.


Lets see a tax was placed on online shopping because

i. of forex
ii. local powerful businessmen complained that online shopping affecting their sales.

so these measures are put in place but what has that caused ? and dont blame Covid as this was way before Covid.
The economy is not looking good and the measures in place is not working. People are just not spending

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Habit7
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Re: Re: PNM in Gov't

Postby Habit7 » April 20th, 2021, 8:46 am

Kickstart wrote:
Lets see a tax was placed on online shopping because

i. of forex
ii. local powerful businessmen complained that online shopping affecting their sales.

so these measures are put in place but what has that caused ? and dont blame Covid as this was way before Covid.
The economy is not looking good and the measures in place is not working. People are just not spending

This was before covid https://oxfordbusinessgroup.com/news/wh ... -forecasts

As I pointed out before on some other lament thread, the TT economy was projected for growth, not by Imbert, but by independent international financial observers, or as some like to call them PNM.

Of course the economy is not looking good now because of covid. But 8mths ago we had a choice in who we wanted to carry us through the storm and the majority of ppl choose PNM again. So things are not going to turn around in a day, stop whining and lamenting and just deal with what T&T and the majority of world countries are facing right now.

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Re: Re: PNM in Gov't

Postby adnj » April 20th, 2021, 10:04 am

Kickstart wrote:
Habit7 wrote:
Kickstart wrote:
Habit7 wrote:
Kickstart wrote:Epic back pedal

No, let me make it simple for you.

Me pointing to one mall at one time doesn't counter the universal trend of malls declining because of online shopping. If tomorrow C3 Movie Towne is full because ppl come to watch Mortal Kombat, that does not mean the cinemas are not declining during covid-19.
The economy is not stimulated , people are not spending and it is not due to
Covid. The measures put in place by the government is not working both in forex and the local economy.

Ok economist.

I am sure you have a plan to revive mall shopping too.


Lets see a tax was placed on online shopping because

i. of forex
ii. local powerful businessmen complained that online shopping affecting their sales.

so these measures are put in place but what has that caused ? and dont blame Covid as this was way before Covid.
The economy is not looking good and the measures in place is not working. People are just not spending
Image

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Re: Re: PNM in Gov't

Postby Kickstart » April 20th, 2021, 11:18 am

Habit7 wrote:
Kickstart wrote:
Lets see a tax was placed on online shopping because

i. of forex
ii. local powerful businessmen complained that online shopping affecting their sales.

so these measures are put in place but what has that caused ? and dont blame Covid as this was way before Covid.
The economy is not looking good and the measures in place is not working. People are just not spending

This was before covid https://oxfordbusinessgroup.com/news/wh ... -forecasts

As I pointed out before on some other lament thread, the TT economy was projected for growth, not by Imbert, but by independent international financial observers, or as some like to call them PNM.

Of course the economy is not looking good now because of covid. But 8mths ago we had a choice in who we wanted to carry us through the storm and the majority of ppl choose PNM again. So things are not going to turn around in a day, stop whining and lamenting and just deal with what T&T and the majority of world countries are facing right now.
For the last time the cause of this bad economy is not due to covid. It is the policies put in place by the government. They are shifting the blame on covid when in fact its their own policies , taxation and lost of job that is the root cause

As MP imbert said" they have not rioted yet" these are the new measures that they put out on test.

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Re: Re: PNM in Gov't

Postby adnj » April 20th, 2021, 11:21 am

Kickstart wrote:
Habit7 wrote:
Kickstart wrote:
Lets see a tax was placed on online shopping because

i. of forex
ii. local powerful businessmen complained that online shopping affecting their sales.

so these measures are put in place but what has that caused ? and dont blame Covid as this was way before Covid.
The economy is not looking good and the measures in place is not working. People are just not spending

This was before covid https://oxfordbusinessgroup.com/news/wh ... -forecasts

As I pointed out before on some other lament thread, the TT economy was projected for growth, not by Imbert, but by independent international financial observers, or as some like to call them PNM.

Of course the economy is not looking good now because of covid. But 8mths ago we had a choice in who we wanted to carry us through the storm and the majority of ppl choose PNM again. So things are not going to turn around in a day, stop whining and lamenting and just deal with what T&T and the majority of world countries are facing right now.
For the last time the cause of this bad economy is not due to covid. It is the policies put in place by the government. They are shifting the blame on covid when in fact its their own policies , taxation and lost of job that is the root cause

As MP imbert said" they have not rioted yet" these are the new measures that they put out on test.
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Habit7
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Re: Re: PNM in Gov't

Postby Habit7 » April 20th, 2021, 11:53 am

Kickstart wrote:
Habit7 wrote:
Kickstart wrote:
Lets see a tax was placed on online shopping because

i. of forex
ii. local powerful businessmen complained that online shopping affecting their sales.

so these measures are put in place but what has that caused ? and dont blame Covid as this was way before Covid.
The economy is not looking good and the measures in place is not working. People are just not spending

This was before covid https://oxfordbusinessgroup.com/news/wh ... -forecasts

As I pointed out before on some other lament thread, the TT economy was projected for growth, not by Imbert, but by independent international financial observers, or as some like to call them PNM.

Of course the economy is not looking good now because of covid. But 8mths ago we had a choice in who we wanted to carry us through the storm and the majority of ppl choose PNM again. So things are not going to turn around in a day, stop whining and lamenting and just deal with what T&T and the majority of world countries are facing right now.
For the last time the cause of this bad economy is not due to covid. It is the policies put in place by the government. They are shifting the blame on covid when in fact its their own policies , taxation and lost of job that is the root cause

As MP imbert said" they have not rioted yet" these are the new measures that they put out on test.

You keep saying things light of facts to the contrary.

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Re: Re: PNM in Gov't

Postby Redman » April 20th, 2021, 12:01 pm

Kickstart
I would suggest that the singular determinant of our economic performance are oil and gas prices.

To think that there are differences between the political parties in terms of economic policy or philosophical policy direction is to really give our political directorate more credit than they are worthy of.

That said if you can identify any....I would be impressed.

Without exception our economy bounces from budget to budget and that is priced on where oil/gas prices are.

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Re: Re: PNM in Gov't

Postby bluefete » April 20th, 2021, 12:39 pm

Zoom get ban again orrr?

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Re: Re: PNM in Gov't

Postby elec2020 » April 20th, 2021, 1:44 pm

Kickstart wrote:
Habit7 wrote:
Kickstart wrote:
Lets see a tax was placed on online shopping because

i. of forex
ii. local powerful businessmen complained that online shopping affecting their sales.

so these measures are put in place but what has that caused ? and dont blame Covid as this was way before Covid.
The economy is not looking good and the measures in place is not working. People are just not spending

This was before covid https://oxfordbusinessgroup.com/news/wh ... -forecasts

As I pointed out before on some other lament thread, the TT economy was projected for growth, not by Imbert, but by independent international financial observers, or as some like to call them PNM.

Of course the economy is not looking good now because of covid. But 8mths ago we had a choice in who we wanted to carry us through the storm and the majority of ppl choose PNM again. So things are not going to turn around in a day, stop whining and lamenting and just deal with what T&T and the majority of world countries are facing right now.
For the last time the cause of this bad economy is not due to covid. It is the policies put in place by the government. They are shifting the blame on covid when in fact its their own policies , taxation and lost of job that is the root cause

As MP imbert said" they have not rioted yet" these are the new measures that they put out on test.


T&T is an oil and gas economy that has failed to diversify itself properly. I think in some reports its stated that 60 per cent of our domestic economic activity is generated by activities in the oil and gas sector. Therefore, if energy prices are low or oil and gas production domestically is low, then by default economic activity will be low. Keep in mind that given that the lion's share of GDP is influenced by the energy sector it is not farfetched that the other economic sectors that drive GDP (that is, the remaining sectors that contribute 40 per cent of our GDP) are closely tied to activities in the energy sector. For example, manufacturing. Given that oil prices have plummeted since 2014 and oil and gas production (i think i am too lazy to double check the figures atm) has also fallen (by a good bit) it is by no stretch of the imagination that TnT is doing badly since the PNM has come in. The current situation we are facing has been expounded by covid-19 which (LIKE IN ALL OTHER ECONOMIES AROUND THE WORLD) among other things has hurt energy prices as well as productive capacities in all segments of the economy. to say otherwise is foolish. armchair economists are the worst. Could the policies by the government been better? of course. but by no means would that have magically turned things around as at the end of the day we are still an oil and gas economy and failing to diversify will be our undoing in the long term. in fact policies by the government to turn things around would have made things worse for everyone as (for example) extensive financial support that was unbudgeted for in a deficit budget is a mistake. deficit budgets would have to stop and if u think things bad now wait for the time when government decides it needs to go for surplus budgets to help put itself in a better position to repay the debt incurred to prop up the society (a debt that is about 90 per cent of GDP). then again armchair economists live in la la land so they don't understand all of these points

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Re: PNM in Gov't

Postby sam1978 » April 20th, 2021, 2:06 pm

You seem to be in la la land too or just trying to make excuses for the govt . Some form of diversification would have been better than sitting idly by and doing nothing.

At least it would have put us in a better position in the future at a closer time. Worse than that they are inviting friends over to share in what is a quickly shrinking pantry of resources , and allowing illegals to enter at will by not properly securing the borders. Forex is at an all time low with no signs of increasing soon and when we start to bawl for shortages , the guests just have to go to somebody else house .

I not too worried because the new “hero” MONS will come to our rescue . He will do what is needed to correct the influx of venes.

Btw it’s compounded , not expounded.

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Re: PNM in Gov't

Postby Kickstart » April 20th, 2021, 2:16 pm

sam1978 wrote:You seem to be in la la land too or just trying to make excuses for the govt . Some form of diversification would have been better than sitting idly by and doing nothing.

At least it would have put us in a better position in the future at a closer time. Worse than that they are inviting friends over to share in what is a quickly shrinking pantry of resources , and allowing illegals to enter at will by not properly securing the borders. Forex is at an all time low with no signs of increasing soon and when we start to bawl for shortages , the guests just have to go to somebody else house .

I not too worried because the new “hero” MONS will come to our rescue . He will do what is needed to correct the influx of venes.

Btw it’s compounded , not expounded.
It appears to me that posters who are in favour of the government are making excuses for them . There seems to be a handful of these posters to which and I am sure that there are many other s who don't agree with the excuses. One such poster was caught back pedaling when confronted.

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Re: Re: PNM in Gov't

Postby elec2020 » April 20th, 2021, 2:22 pm

did i not say that we need to diversify? so what is your point? also do you have proof of this claim "inviting friends over to share in what is a quickly shrinking pantry of resources" where is the proof of that? if so please share. forex is maybe low because idk, as i said before low energy prices and low energy sector production so less for ex flowing in but still high for ex expenditure. u not adding anything new to this discussion. oh no wait u corrected a typo so u get points for that:

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Re: PNM in Gov't

Postby Habit7 » April 20th, 2021, 2:32 pm

Kickstart wrote:
sam1978 wrote:You seem to be in la la land too or just trying to make excuses for the govt . Some form of diversification would have been better than sitting idly by and doing nothing.

At least it would have put us in a better position in the future at a closer time. Worse than that they are inviting friends over to share in what is a quickly shrinking pantry of resources , and allowing illegals to enter at will by not properly securing the borders. Forex is at an all time low with no signs of increasing soon and when we start to bawl for shortages , the guests just have to go to somebody else house .

I not too worried because the new “hero” MONS will come to our rescue . He will do what is needed to correct the influx of venes.

Btw it’s compounded , not expounded.
It appears to me that posters who are in favour of the government are making excuses for them . There seems to be a handful of these posters to which and I am sure that there are many other s who don't agree with the excuses. One such poster was caught back pedaling when confronted.

Nobody is making excuses. You are posting incorrect things and when you are corrected you are calling it excuses.

You were wrong about the Moruga road, property tax and TT's economic growth path before covid-19. We get it, you don't like the govt, join the line. To blame the govt without acknowledging the external factors is foolish. Changing local political parties won't change external issues.

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Re: Re: PNM in Gov't

Postby sam1978 » April 20th, 2021, 2:36 pm

This govt has been here for five + years and have they taken steps to do so?

Forex is scarce, if we keep at this rate would it get better or would it deplete? When 100000+ extra mouths have to eat , on the same available food bill, and then send some back home,what’s next? When it’s done , what would our purchases come from?

Expounded means to explain ,compounded means to aggravate or increase , so I should leave it and don’t say anything and say it’s a typo? Allyuh good yes!
Last edited by sam1978 on April 20th, 2021, 2:41 pm, edited 1 time in total.

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Re: Re: PNM in Gov't

Postby elec2020 » April 20th, 2021, 2:38 pm

^ they just creating things and hoping that something sticks. they clearly have agendas

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Re: Re: PNM in Gov't

Postby elec2020 » April 20th, 2021, 2:40 pm

sam1978 wrote:This govt has been here for five + years and have they taken steps to do so?

Forex is scarce, if we keep at this rate would it get better or would it deplete? When it’s done , what would our purchases come from?

Expounded means to explain ,compounded means to aggravate or increase , so I should leave it and don’t say anything and say it’s a typo? Allyuh good yes!


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Re: Re: PNM in Gov't

Postby sam1978 » April 20th, 2021, 2:44 pm

I now see why people ridicule you here. I’m asking questions and pointing out a mistake which changes the meaning and that’s your reply? What agenda ? Tell me what’s wrong in what I say without attacking me and replying to someone else instead of answering.

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Re: PNM in Gov't

Postby adnj » April 20th, 2021, 2:45 pm

.....Image

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Re: PNM in Gov't

Postby Devourment » April 20th, 2021, 2:46 pm

adnj wrote:.....Image


Should have said give you a blood clot

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Re: Re: PNM in Gov't

Postby sam1978 » April 20th, 2021, 2:51 pm

Let’s try again.


No diversification.
Low forex supply.
Influx of illegal immigrants.
Country finances in a bad shape.
Compound means increase or aggravate.

Which one is incorrect ? (without childish memes and attacks)

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Re: Re: PNM in Gov't

Postby adnj » April 20th, 2021, 3:10 pm

sam1978 wrote:Let’s try again.


No diversification.
Low forex supply.
Influx of illegal immigrants.
Country finances in a bad shape.
Compound means increase or aggravate.

Which one is incorrect ? (without childish memes and attacks)


Aggravate? Aggregate, yes.

The country's wealth is attributed to its large reserves and exploitation of oil and natural gas. ... Oil and gas account for about 40% of GDP and 80% of exports, but only 5% of employment.

Lots of oil wealth for 30 years coming to an end. If you don't have a plan by now, it's too late.

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Re: Re: PNM in Gov't

Postby Dohplaydat » April 20th, 2021, 3:48 pm

adnj wrote:
sam1978 wrote:Let’s try again.


No diversification.
Low forex supply.
Influx of illegal immigrants.
Country finances in a bad shape.
Compound means increase or aggravate.

Which one is incorrect ? (without childish memes and attacks)


Aggravate? Aggregate, yes.

The country's wealth is attributed to its large reserves and exploitation of oil and natural gas. ... Oil and gas account for about 40% of GDP and 80% of exports, but only 5% of employment.

Lots of oil wealth for 30 years coming to an end. If you don't have a plan by now, it's too late.


PNM's plan seems to be increase tax, and hope oil goes up.

Where Habit7, please tell us there's more.

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Re: Re: PNM in Gov't

Postby pugboy » April 20th, 2021, 3:55 pm

you talking about gravel ?

adnj wrote:
sam1978 wrote:Let’s try again.


No diversification.
Low forex supply.
Influx of illegal immigrants.
Country finances in a bad shape.
Compound means increase or aggravate.

Which one is incorrect ? (without childish memes and attacks)


Aggravate? Aggregate, yes.

The country's wealth is attributed to its large reserves and exploitation of oil and natural gas. ... Oil and gas account for about 40% of GDP and 80% of exports, but only 5% of employment.

Lots of oil wealth for 30 years coming to an end. If you don't have a plan by now, it's too late.

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Re: Re: PNM in Gov't

Postby Habit7 » April 20th, 2021, 4:11 pm

sam1978 wrote:Let’s try again.


No diversification.
Low forex supply.
Influx of illegal immigrants.
Country finances in a bad shape.
Compound means increase or aggravate.

Which one is incorrect ? (without childish memes and attacks)
If anything, I am getting fed of how cynical this place getting. Everybody has a lament about what others should do and not one extra responsibility is put on themself.

You have a main salary and might have varying side hustles. To make your side hustles as large as your main salary requires tremendous work and time, more than likely is not going to happen or as you retire, you can focus on 1 of your side hustles and try and bloom it.
To be crying diversify, diversify when for the last 60yrs we have a goose that constantly laying a gold egg, you want us to match that with something else? That won't be in 5yrs probably neither 10. Income from oil and gas has made us one of the best economies in the region to live in and made us the envy of others, only for some entitled ungratefuls to be crying every morning about how tough it is here. I am sure most of you never travelled around the region beyond the USA.

Also, when the British took over Trinidad from the Spanish the island had less than 3000 ppl here and was woefully underpopulated. Throughout the history of Trinidad, there has been migration here especially drawn by the good economy you are now decrying. Venezuelans have been coming here illegally for years as it is impossible to seal a border. The current issues now in Venezuela is a further push factor for them coming and it is not that TT is pulling them here. The US and EU with the strongest and most funded militaries in the world can't stop their influx of migrants. But some cynic here in Trinidad believes that there is some magic button to press to stop illegal migration? They are coming and in a few years will be grateful that they did just like the other migrants because our ageing population means we are having a shrinking workforce. They are buying us some time.

The forex problem is a result of falling oil and gas prices since 2014 which are the greatest source of or forex. Until we can ramp back up production, forex will start to stabilise. But even as you argue about compound and expound, "Forex is at an all time low" is a very wrong statement. Also, our forex problem is also a result of our high-income economy and our lust for imported goods. Just devaluing the TT will not solve the problem and will hurt the poorest most.

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