Monday, November 21, 2011

Do not insult the word ‘HUB’ to make it sound like a ‘FIB’. What with Tourist, Knowledge, IT, Shipping, Aviation, Education, Health Care and now Legal

The budget speech is now on a chamber without an opposition and the government members find it so boring they are nodding off. If the President cannot understand now that it all amounts to a hill of beans, he never will in future help it grow.

I have pointed out time and again that it is best to concentrate on our strengths and build a product, process or service using our comparative advantage without trying ambitious plans to be all things to all men, and then not succeed in anyone of them.

When one makes over simplified unreal statements in Parliament, we as a nation lose what dignity we have built because we have elected to positions of power people who prefer to hallucinate, rather than plan and execute. The Mahinda Chinthana has been a vision that has been hugely unsuccessful in its execution, and hugely successful in its ability to fool people into believing in its success.

The basic problem has been during the period of the Mahinda Chinthana in the past 6 years, UD$24B has been remitted to Sri Lanka by its citizens working overseas. They have made everything that has been done, and if not for the government helping them to waste their money or take it from them for wasteful projects, we would have been in a far better state of economic development. In short this vision has set us back from where we should be. Until that point is understood and any economist worth his knowledge will concur, that free money such as this should have been spent in a far more productive way.

In order not to insult our intelligence and making generalizations and abusing the word ‘hub’ by telling ‘fibs’ please concentrate on improving our education system all the way to graduate school, so all our young people will have a marketable and necessary skill by the time they are 24. They are the future, not ‘hubs’, as they will create the obvious hub, which will come naturally to this country.

Just concentrate on education infrastructure and other infrastructure will happen mostly with the assistance of the private sector. They will use educated people to maximum advantage. Do not forget there are over 100,000 vacancies in Sri Lanka without qualified people wanting to do these jobs, partly due to the govt. sector being a disincentive for productivity. The bad example set by their profligacy and bribery pointing all the way to the top must stop if we are to show what can be achieved by diligent hard work, common sense and sense of pride in our vocations

1 comment:

Ratmale,Minneriya,Sri Lanka said...

Surprise surprise the Budget deficit for 2012 is almost the same as the expected amount of foreign remittances of Sri Lankans working overseas.