A true say Shaw was better prepared?

[Assasin]

Jamaica 2007 electoral debates: Shaw commands debate
published: Saturday | August 11, 2007


Audley Shaw (left), the Jamaica Labour Party Spokesman on [COLOR=black! important][COLOR=black! important]Finance[/COLOR][/COLOR] and Dr. Omar Davies, the Minister of Finance and Planning, during the second in the series of political debates at the Creative Production and Training Centre, Arnold Road, Kingston, last night. - Winston Sill/Freelance Photographer
Opposition Spokesman on Finance Audley Shaw has argued strongly that a new Jamaica Labour Party (JLP) administration would create jobs and ultimately generate growth to pull the country out of its economic woes.
Participating in the second national debate last night, Mr. Shaw sought to dismiss claims from Finance and Planning Minister, Dr. Omar Davies that the JLP was making promises that it could not fund, if it becomes the next administration.
Mr. Shaw insisted that a JLP administration would redirect resources, grow the economy at between six and 10 per cent per annum, reduce the fiscal deficit and earn incremental taxation of between $10 billion and $20 billion annually.
Cheaper funds
He also said the JLP would seek cheaper funds for projects from the multilaterals, including the Inter-American Development Bank and the World Bank.
But Dr. Davies contended that financing for the various promises made by the JLP could only be achieved by implementing a massive [COLOR=black! important][COLOR=black! important]tax[/COLOR][/COLOR] package, borrowing or from debt forgiveness. Dr. Davies argued that this would increase the fiscal deficit.
However, financial analyst, Keith Collister said it was not correct for the minister to state that the Inter-American Development Bank would not lend money to Jamaica for projects. He also argued that cheaper funds could be obtained from that institution.
Assessing the debate, Mr. Collister said Mr. Shaw seemed better prepared than his opponent, noting that there appeared to be a major upset in terms of expectations.
"I think he (Shaw) has got his message out in terms of growth, jobs, [COLOR=black! important][COLOR=black! important]debt [COLOR=black! important]management[/COLOR][/COLOR][/COLOR] strategies," Mr. Collister said. Mr. Shaw also said that a JLP administration would dismantle the Ministry of Local Government, but retain the parish councils.

[Lazie]

Sickko must have got some PNP feed. My only problem was Shaw's response to Omar's question! It should have been something like ...

"Omar .... you're in No position to question how the JLP is going to finance anything. You always find the money when needed. You found it to run with it! You found it to give PJ a nice retirement package. You found it to squander at NSWMA. You found it to spend on cricket world cup .... well the we're going to find it and put it to better use. "

I like the part where he said "we cannot afford you and the PNP" but he forgot to say, "Omar, its time you, Portia and the PNP Tek whey unuhself!"

Other than that ....Shaw had this one locked.

[Jawge]

What I would llike to know
from Mr.Collister is this: Why would these institutions lend the JLP
funds at low rates and not the PNP. I listen to the end of the debates and through Shaw's twisting of words he said it would come through taxes (but don't worry he would make the populace wealthy so they would afford it). I can't see how anyone would say Shaw had the better, this was just a total mismatch. Omar would kill him with facts. You can see Collister as God , I don't.

[Lazie]

Stop contradict yuhself!! " I listen to the end of the debates" Well then how you know Omar killed with facts? Actually ... did you listen to anything?