OBA would create widely inclusive economic advisory committee
Opposition leader Craig Cannonier said a One Bermuda Alliance Government would form an Economic Advisory Committee, including Government Ministers, Opposition members, trade union leaders and business groups.He explained the group would meet every few months to discuss moving the economy forward.“We believe there needs to be a forum in which all of Bermuda’s economic stakeholders have the opportunity to share their insights and to work together, with Government, to get Bermudians working again,” he explained.Mr Cannonier said the party would give employers a payroll tax exemption for all new Bermudian hires, which it believes will help reduce Bermudian unemployment. He pledged that it would also direct at least 20 percent of Government spending on goods and services to small Bermudian business and crack down on employers who abuse immigration rules.“We have gone on record to say that we will only reduce the Civil Service through natural attrition — not through layoffs and jobs cuts. We believe savings can be made through the creation of a Spending and Government Efficiency Commission,” he added.However, the Progressive Labour Party poured scorn on the notion of such a commission. The party issued a statement dubbing it the “Cuts Commission" and suggesting it would likely be “the vehicle that they are going to use to make deep cuts”.It added: “The Both Ways OBA has promised to increase government spending and cut taxes to the tune of $500 million. They have also called for a reduction of government debt. In order to increase spending and cut debt, they will have to engage in deep and radical cuts to existing programmes.“Today, the OBA acknowledged exactly how they are going to make those cuts — through a Cuts Commission. Bermudians deserve to know who exactly will be on the OBA's Cuts Commission? Will those people have a heart for the people or will they be looking after their bottom lines? We call on the OBA to cast the Cuts Commission to the side and be straight with Bermudians about just what they plan to cut to meet their lofty promises."The statement said of the Economic Advisory Committee: “Craig Cannonier seems to think that we're going to be able to solve all our problems by form a series of commissions. More commissions and more talking is not the answer. Bermudians need swift action on the economy. That's why we're proposing that action through the creation of Job Corps Bermuda and the One Stop Career Centre. These are real ideas that help real Bermudians get back to work. We need action, not more commissions."