Broad Street Journal "Whichever political party wins the government next month, it will be faced with a set of economic problems from which it won’t be able to run.
As we have seen in the last few months, the overload on the average Barbadian household got so burdensome that rising food prices finally became the No.1 economic, and in the pre-election atmosphere, also the No. 1 political issue in the country, bar none.
Not that there weren’t others. The price of land has long been out of the reach of most Barbadians, many of whom are already maxed out on credit and loans. Inflation stood at just over five percent at mid-year, down from the 7.4% registered in the corresponding period of 2006. According to the central bank, “Reductions in prices were recorded for housing, fuel and light, clothing and footwear, transportation and education but there were higher prices in the food, alcoholic beverages and tobacco categories.”"
As we have seen in the last few months, the overload on the average Barbadian household got so burdensome that rising food prices finally became the No.1 economic, and in the pre-election atmosphere, also the No. 1 political issue in the country, bar none.
Not that there weren’t others. The price of land has long been out of the reach of most Barbadians, many of whom are already maxed out on credit and loans. Inflation stood at just over five percent at mid-year, down from the 7.4% registered in the corresponding period of 2006. According to the central bank, “Reductions in prices were recorded for housing, fuel and light, clothing and footwear, transportation and education but there were higher prices in the food, alcoholic beverages and tobacco categories.”"
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