Friday, November 27, 2015

The Boodan Economic Model

Trinidad and Tobago currently has to ask itself some tough questions. And it’s not just whether the Lotto is rigged. You see, thanks to an oversupply of oil on the world market, prices have plunged and the energy sector, the backbone of our economy, is faltering. A recession is defined as three consecutive quarters of economic decline. We have already had two so far. And as sure as the lotto is rigged you can bet we will have a third.  

Now I am no economist or expert on fiscal policy or capable of doing basic arithmetic but those things don’t stop socialists or politicians. So I want to propose my own economic strategy that I am sure will help us avert a national financial crisis. Here are the basic tenets of the Boodan economic model.