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Our recent elections
I have just posted an item on my blog about the event, but this is a quick summary.
Only the faces have changed. Our MLAs (18 of them, now, representing 18,000 citizens) never have actual policies; rather, they run on their perceived personal qualities. The main content of their manifestos is a believable promise to strengthen the legal protection of ethnic Caymanians against competition from more experienced and better qualified expats. Of course, that adversely affects our economic productivity, but we have learned to live with it. The affirmative-action program is forty years old, and will likely be here for another forty.
Our incoming politicians have sworn to expand the government's reach even further, and to force local employers to hire more ethnics regardless of aptitude or attitude. Britain has forbidden any new long-term borrowing, so the only way our government will be able to balance its budgets is to increase taxes. A tax on salaries is increasingly likely. Sooner or later the rising expense of doing business here will destroy our economy. Most of the expats I speak with think we have only another three or four years of prosperity left, which is sad to report. Much depends on how seriously Britain takes its colonial responsibilities from now on. Fingers crossed.
- Regular Poster
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