Tag Archives: Redistribution of Wealth

Budget Debate: “In two or three years the economy will flat-line”- Jagdeo forecasts

“In two or three years the economy will flat-line”- Jagdeo forecasts

  • Saturday, 22 August 2015 – Demerara Waves
  • Photo: PPP parliamentarians walking out of the National Assembly’s Chamber.

PPP parliamentarians walking out of the National Assembly's Chamber.

Immediately after pledging solemnly to work with the government to improve the lives of Guyanese, Opposition Leader Bharrat Jagdeo and his colleague People’s Progressive Party Civic (PPPC) parliamentarians walked out of the House.

During in his estimated 90-minute contribution to the 2015 National Debate, Jagdeo lambasted the Finance Minister Winston Jordan for crafting a budget that would fail to stimulate the economy.
“It does not respond to the concerns of the people. It doesn’t focus on creating jobs, it doesn’t focus on creating wealth. It focuses on redistribution of wealth,” he told the House.
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Pope: The Bible Demands the Redistribution of Wealth

PopeRedistributionofWealth051014

Pope: The Bible Demands the Redistribution of Wealth

By Jack Jenkins — NationofChange

Pope Francis called for “the legitimate redistribution of economic benefits” on Friday, arguing that the Bible demands an economic system that cares for the “poorest and those most excluded.”

Francis made the comments while speaking before a gathering of several United Nations agency leaders, including U.N. Secretary-General Ban Ki-moon. As he reflected on the U.N.’s target for Future Sustainable Development Goals, the first Latin American pope asked those present to resist participating in an “economy of exclusion” and to strive to have “a real impact on the structural causes of poverty and hunger.”   Continue reading

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