The Central Bank just released the 2015 year end numbers.
Ouch.
One of my clever friends told me to get a calculator and add Revenue VS Expenditure of the current government, 2009-2015!
So, I added the Government’s Revenue in Billions: Awg 7,763.2 (I omitted 6 zeros)
I added all Deficits, because this is money already spent, in Billions: Awg 2,060.5 (I omitted 6 zero)
Total government spending in six years, in Billions: Awg 9,823.7 (Again I omitted 6 zeros)
(Debt as % of GDP is 83.3% — we owe a lot of money — remember the Netherlands stepped in when we reached 80%)
SO….where did the money go??
To Panama? No, I am pretty sure of that.
Clinkers?
Sidewalks?
Tram?
Linear park?
Maybe 100 million in spending that we can see, including harbor & highway.
That’s 1%.
Where is the rest?
What did we spend it on?
AND 🙁 We didn’t create, not even one, new income generating enterprise.
