an him really proud fi seh dis...bwoy oh bwoy

[evanovitch]

<span style="font-weight: bold">Remittances up says Golding </span>
Wednesday, 07 October 2009


Prime Minister Bruce Golding has announced that there are signs of improvement in remittances to the country over the last two months.

Mr. Golding made this pronouncement while addressing university students at a town hall meeting at the University of the West Indies Mona Campus Tuesday night.

This was hours after Professor Richard Curtin of the University of Michigan's announced that based on the latest consumer and business confidence survey, remittances had declined.

&quot;We got word that in August,<span style="font-weight: bold"> we had an 8% increase over and above August last year. </span>The figures have not been published yet but I've been advised that September was also a good month in terms of what was experienced last year,&quot; Mr. Golding said.

He however, cautioned that while the rate of economic decline is slowing down the country still has a long way to go and some serious hurdles to overhaul.

Mr. Golding noted that in any case, Jamaica lags behind the global economy and therefore, any genuine recovery would be evident in major cities like New York in the United States and London, England before Kingston, Jamaica.


<span style="font-weight: bold">wonda if him stop fi tink dat it mite be up cause a how tings so bad a yaad an people a farrin haffi tighen dem own belt so as to send more fi buy less fi who dem a mind bak a yaad </span>

[Dr.Dudd]

Re: an him really proud fi seh dis...bwoy oh boy

Well the rich rich USA even tax their permanent residents and citizens that work in foreign countries.
So he may be not so bad afterall, when you compare them.

[Amberal37]

Re: an him really proud fi seh dis...bwoy oh bwoy

Well I think that it IS a good thing that Jamaicans especially (although many other nations do it) send so much remittances home.

What I do NOT like about the whole issue, is the dependency when it is individuals (as opposed to businesses) that receive it. So many there tend to see it as their social security and don't feel it necessary to work.

What I also think is that these should be targeted at nationbuilding projects...so if an individual leaves their three kids behind, they then leave them in a form of boarding school (as opposed to aunty/gran), this way they are for sure funding the future of their child, and providing more of a secure accomodation (as the government has rules for operating these).
OR, as some do...paying a tax registered nurse or helper, etc. to look after frail relatives. So they contribute to a recognised entity where the benefit flows through the system.

But I also know that much of the calls are for basics, etc...for others, send clothing, or set-up a supermarket account - so the individual in need gets the basics that they need and can't !play fool to catch wise&quot;.

[Amberal37]

Re: an him really proud fi seh dis...bwoy oh boy

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body">Well the rich rich USA even tax their permanent residents and citizens that work in foreign countries.
So he may be not so bad afterall, when you compare them. </div></div>

Yep...that's right, and working with American expats - I know that they DO love to moan about their taxes...and they get so many concessions/deductibles too!!

[Dr.Dudd]

Re: an him really proud fi seh dis...bwoy oh boy

So although the gran/aunty, paid taxes so that the person could get an education,and now they are earning their income aborad, they should not ideally be sending money to them.
but rather to pay the present nurses that are taking care of the gran/aunty.
Now the money that us paid to the nurse, on who's behalf is it being paid?
And would you rather to pay to maintain a sink relative than having enjoying the money at their leisure.
That is why Li am happy I have parents like mine.

They decide that, they will not spend money to get me out of prison it I ever I risk my freedom and get there.

But they were willing to spend to support mi development.

That is the difference between the poverty mentality and the prosperity mentality.
the poverty mentality will only spend to return their love ones to their previous social standard.
While the prosperity mentality will only assist them to better their state in life. Both have weaknesses, but I rather the latter.
Maybe because I am use to that one.
I was socialized to accept it as the better one. .