Notes from a small island
A weblog by Jonathan Ali

Monday, December 19, 2005  

In 1956 Italy's per capita Gross Domestic Product was less than T&T's. That was before any of our oil booms. Italy's economy is now stagnating, with growth rate for 2005 forecast at zero per cent. T&T is supposedly booming, with a real growth rate of 5.7 per cent; but Italy's per capita GDP is still almost two and a half times greater than ours. Their unemployment rate is 7.8 per cent; ours, despite WASA, URP and CEPEP-style featherbedding, is 10.3%. So what are they doing that we aren't?

Working, I suppose.

-- Denis Solomon has some trouble with his water supply, in his column in yesterday's Sunday Express.

posted by Jonathan | 8:29 AM 0 comments


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