Letters to the Editor

Local content is a sham

Dear Editor, ‘Local content in the Guyana oil & gas context is a shameful bag of confidence tricks; a company will advertise for a product locally, for example, a Guard hut, the specifications would be high and the purchase limit set at USD 2500, locals would look at the specs and know it is impossible to deliver, the company then declares no interest was shown locally and proceed to import Guard huts costing well over USD 20,000 using the lack of local bids as justification.

Trickle-down economics is a discredited theory

Dear Editor, Reference is made to your editorial “A horse and sparrow economy” (Sep 18) that essentially critiques “trickle down economic theory” (supposedly being used as an instrument to revive Guyana’s ailing economy) but did not do justice in explaining the concept to those who have not studied economics or understand how it is supposed to work.

All public institutions must have `living’ strategies to guide them

Dear Editor, Over the next twenty years in Guyana, the ‘big picture’ will be more complex with many new and unexpected problems, and there will be great opportunities to develop a better quality of life for the overwhelming majority of the nation who are workers, farmers, the poor, the unemployed and the dispossessed.

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