Unstabling effects of indecisions
At Issue: Our penchant for quick-fixes, changing boats in midstream, in recent years right here in paradise.
Our View: The net effect of quick-fixes has fanned nothing but instability on vital policy matters.
As we have said before, government and industry leaders usually meet to chart or refine policy matters designed to bolster wealth and jobs creation.
This has never been the forte of local leadership until this year when Speaker Benigno R. Fitial sought untangling of a pile of strangling regulations and force others to exit their comfort zone in what’s known locally as mañana.
The somewhat tired Big-Little-Boys must have found adopting proactive approaches to problem solving somewhat gastric for their overblown ego drowning in their crowned jewel of inaction. Big Boys in the sense that this is their chance to make a difference. Little Boys for sporting cowardly attitudes by faithfully skirting their fiduciary responsibilities. Urgency is relegated into royal passivity!
We demand so much from the various industries with political solutions on economic issues of great magnitude only to display our lack of clarity of understanding and appreciation of what our partners on the other side of these isles had to endure since three years ago.
And we seem to boast with blurred vision treating the most productive sector like loose trash flying around Puerto Rico Dump.
For instance, when the economy started contracting some four years ago, we popped the $100,000 security deposit against businessmen mindless of such stifling statutory requirement on money that could be invested locally for expansion or cushioning struggling business operations. We sported the aura of “sink or swim”. We never converged on a meaningful basis to gauge the pulse of industries here in an effort to help them muddle through these difficult times.
Meanwhile, CUC jumped up on stage to do the finishing job on the essence of policy instability. It promoted the need for an 80-megawatt power project warning the general public that it needs to be undertaken forthwith. It came in and awarded the contract to a firm even against expert recommendations on technical aspects of companies bidding for the project. In the midst of the controversy, it added fuel by collapsing the project from 80 to 60-megawatt.
A day or two ago, it awarded another firm the project even against legal advise from the Attorney General’s Office.
It’s appalling how we have also royally contributed to our own demise despite concurrent efforts to instill stability on policy matters. It’s a ruinous act of instability riddled with indecisions, if not, inaction while the rest of the community watches helplessly for solid answers. We encourage Speaker Fitial to stop at nothing in instituting stability emanating from policy issues so vital to getting our house in order. Si Yuus Maase`!