WASHINGTON TIMES TELLS US WHY WE ARE POOR IN BELIZE.

FOREIGN ECONOMIST PRINTED IN THE WASHINGTON TIMES AS TO WHY BELIZE IS FAILING THAT CONCLUSION WAS OBVIOUS TO BELIZEANS. WE ARE POOR BECAUSE OF BAD GOVERNANCE We know we are governed badly by a band of self enrichment pirates, calling themselves a party. They make the rules, laws and hold the guns. We know they are nothing more than a herd of pigs, feeding off the tax trough. HOW TO CHANGE THE PROBLEM? GIVE US SOLUTIONS! _____________________________________________________

Richard Rahn states the obvious in the Washington Post. Fails to offer solutions. ( REVOLUTION?) ____________________________________________ *********************( COMPLIMENTS OF Channel 5 )****************************** Economist says opportunity for Belize as High Growth Country Richard Rahn In January we told you about an article printed in the Washington Times on a comparative look on Belize and the Cayman Islands. The writer, Dr. Richard Rahn, who is an American Economist, draws conclusions on why Cayman is rich and Belize is poor, although both are small Caribbean countries with similar climate, mixed cultures and were former British colonies. According to Rahn, Belize should be richer; after all it is the bigger country and has more natural resources. Well, Dr. Richard Rahn is in Belize for the Chamber of Commerce’s AGM. Dr. Rahn spoke about ‘The Opportunity for Belize to be a High-Growth Country.’ Dr. Rahn told News Five that in short, the problem in Belize is poor governance. Dr. Richard Rahn, American Economist & Journalist “Well, Belize remains poor because it has too many tax and regulatory impediments and it needs to clean up its judicial system. We looked around and going back to 1970, Belize has the same per capita income as Cayman and now the Cayman has six times the per capita income. Cayman instituted a number of policies that Belize did not and as a result Belize lags way behind and if all those policies are changed, Belize can catch up very quickly and Belize can become very rich as the average person in the Cayman, the United States, Singapore or wherever.”