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Skanky wrote:No need for all this rumshop talk.The choice is straightforward:
Forty years of PNM with little to no advancement of the general populace along with corruption and mostly the Whites and Indians controlling the lion's share of the money
or
Five years of PP with advances being made in leaps and bounds, the same amount of corruption and the pie divided more equitably.
Never have I seen the black man advance in society, as fast as he has, in the past five years.
Skanky wrote:No need for all this rumshop talk.The choice is straightforward:
Forty years of PNM with little to no advancement of the general populace along with corruption and mostly the Whites and Indians controlling the lion's share of the money
or
Five years of PP with advances being made in leaps and bounds, the same amount of corruption and the pie divided more equitably.
Never have I seen the black man advance in society, as fast as he has, in the past five years.
This comment is full of rumshop talk.Skanky wrote:No need for all this rumshop talk.The choice is straightforward:
Forty years of PNM with little to no advancement of the general populace along with corruption and mostly the Whites and Indians controlling the lion's share of the money
If you or your family haven't developed much in the last 40 years with free education, free health care and low taxes...that your fault.Habit7 wrote:By World Bank measurement: Most of T&T's labour force is middle class
Aleem Khan
Published: Thursday, November 15, 2012
By World Bank standards, almost the entire working population of T&T should be earning an income that qualifies them to be included in the country's middle class.
In a report released Tuesday, entitled “Economic Mobility and the Rise of the Latin American Middle Class”the World Bank said that the income definition of the middle class in Latin America and the Caribbean is between US$10 and US$50 per day. That works out between $64 and $320 per day.
In 2011, the government increased T&T's minimum wage to $12.50 per hour which works out to be $100 per day and US$15.62 per day. This means that even a worker earning the minimum wage in T&T's formal employment sector qualifies to be included in the country's middle class, according to the World Bank metric.
At US$15.62 a day, T&T's minimum wage is 50 per cent higher than the lowest threshold of the World Bank definition of middle class. T&T has a population of approximately 1.3 million and a workforce of 616,400 as at December 2011, according to the Review of the Economy published by the Ministry of Finance in 2012.
At the previous minimum wage of $9 per hour, most of the country's working population would still qualify to be included in the middle class. The $12.50 per hour minimum wage came into effect in T&T in 2011. The previous minimum wage of $9 per hour came into effect in 2005. Prior to that, the national minimum wage was $7 per hour, in effect since 2003. Therefore prior to 2005, minimum wage earners would not have qualified as middle class using the World Bank standard.
Still, according to the World Bank, T&T enjoyed the highest Gross Domestic Product (GDP) per capita in Latin America and the Caribbean during the period 2000 to 2010. (See Figure 3.)
The overarching claim of the report is that “after decades of stagnation, the size of the middle class in Latin America and the Caribbean recently expanded by 50 per cent — from 103 million people in 2003 to 152 million (or 30 per cent of the continent’s population) in 2009.
“Over the same period, as household incomes grew and inequality edged downward in most countries, the proportion of people in poverty fell markedly: from 44 per cent to 30 per cent. As a result, the middle class and the poor now account for roughly the same share of Latin America’s population.”This is in stark contrast to the situation prevailing “for a long period”until about 10 years ago, when the share of the poor hovered around 2.5 times that of the middle class, the World Bank said.
The study, co-authored by Francisco H. G. Ferreira, Julian Messina, Jamele Rigolini, Luis-Felipe López-Calva, Maria Ana Lugo, and Renos Vakis, “investigates the nature, determinants, and possible consequences of this remarkable process of social transformation,”the World Bank said.
The study said: “Such large changes in the size and composition of social classes must, by definition, imply substantial economic mobility of some form. A large number of people who were poor in the late 1990s are now no longer poor. Others who were not yet middle class have now joined its ranks.”
http://www.guardian.co.tt/business-guar ... ddle-class
T&T performed the best in our region in the last decade. I dont know where you were not to have noticed that.
Skanky wrote:No need for all this rumshop talk.The choice is straightforward:
Forty years of PNM with little to no advancement of the general populace along with corruption and mostly the Whites and Indians controlling the lion's share of the money
or
Five years of PP with advances being made in leaps and bounds, the same amount of corruption and the pie divided more equitably.
Never have I seen the black man advance in society, as fast as he has, in the past five years.
Habit7 wrote:So wait, the PM lying on the platform?
dougla_boy wrote:how u go talk about our Honorable Prime Minister of our country like that?
Redman wrote:Well at least they built all the houses they distributing.....its not like they left the houses empty and waited for elections to act as if they build all.
A four-year-old boy suffered a severe eye injury after falling into a box drain from which steel rods were left protruding: the construction site had been abandoned several months ago by the contractor, who said he was being threatened.
The family of infant Emmanuel Black said they complained to the Couva/Tabaquite/Talparo Regional Corporation and were told they should file a lawsuit.
Yeah but paid millions for my house, other stole limited state land and are not only pardon prosecution but are rewarded with their loot, all for the purpose of political patrimony.pete wrote:Difference is you can sell your Town and Country approved house for what it's worth if you want to.
A total of 132 candidates representing 16 political parties filed nomination papers on Monday to contest the 41 constituencies in T&T on September 7.
Habit7 wrote:Yeah but paid millions for my house, other stole limited state land and are not only pardon prosecution but are rewarded with their loot, all for the purpose of political patrimony.pete wrote:Difference is you can sell your Town and Country approved house for what it's worth if you want to.
Habit7 wrote:I don't know about that. But HDC still aren't free.
Dizzy28 wrote:Habit7 wrote:I don't know about that. But HDC still aren't free.
It's heavily subsidized at taxpayers expense though!!
It is subsidised for those meeting limited income requirements. If their income improve then they can do what they want.Redman wrote:Dizzy28 wrote:Habit7 wrote:I don't know about that. But HDC still aren't free.
It's heavily subsidized at taxpayers expense though!!
Well this is my concern.....its subsidized housing without a real means test to ensure that cheap MOFO s aint taking advantage...
Drive through some HDC spots and there are obvious signs that the people there are making money.
The system is being abused..which means that people who REALLY deserve being squeezed out.
Redman wrote:Dizzy28 wrote:Habit7 wrote:I don't know about that. But HDC still aren't free.
It's heavily subsidized at taxpayers expense though!!
Well this is my concern.....its subsidized housing without a real means test to ensure that cheap MOFO s aint taking advantage...
Drive through some HDC spots and there are obvious signs that the people there are making money.
The system is being abused..which means that people who REALLY deserve being squeezed out.
Habit7 wrote:Redman wrote:Dizzy28 wrote:Habit7 wrote:I don't know about that. But HDC still aren't free.
It's heavily subsidized at taxpayers expense though!!
Well this is my concern.....its subsidized housing without a real means test to ensure that cheap MOFO s aint taking advantage...
Drive through some HDC spots and there are obvious signs that the people there are making money.
The system is being abused..which means that people who REALLY deserve being squeezed out.
It is subsidised for those meeting limited income requirements. If their income improve then they can do what they want.
So many times men say why we can't be like Singapore, well 70-80% of their housing is subsidised public housing.
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