Such hubris!

image from 3.bp.blogspot.comCould it be his handlers have told Prime Minister Christie that he has to show some gumption if he wants to regain some political popularity? But hubris is not becoming of a man that prides himself with being reasonable.

The Nassau Guardian has reported Mr. Christie's response to criticisms of the Bahamas Agricultural and Marine Science Institute (BAMSI) as follows:

"The sad thing about the leader of the opposition for me is that he confuses political commentary and attacks with the goodness of the project, and he’s found it difficult to separate himself from how enriching this could be potentially for Bahamians for a source of employment as a source of applying fresh food organic farming that this has an incredible opportunity for us,”

Granted the leader of the opposition might be seeking political points, as most politicians do, but to defend this project, brush off legitimate concerns that the country has not received an accounting for a project clouded in suspicion and wonton waste of taxpayer dollars, on the argument that this could "potentially be" an "enriching project" etc, is not only haughtiness, but confirms a disregard for the accountability he promised if he won the government.

In Milton Friedman's book Free to Choose, he described four ways to spend money.

  1. You spend your own money on yourself – You shop in a supermarket, for example. You clearly have a strong incentive both to economize and to get as much value as you can for each dollar you do spend.
  2. You spend your own money on someone else – You shop for Christmas or birthday presents. You have the same incentive to economize as in the first case but not the same incentive to get full value for your money, at least as judged by the tastes of the recipient. You will, of course, want to get something the recipient will like—provided that it also makes the right impression and does not take too much time and effort. (If, indeed, your main objective were to enable the recipient to get as much value as possible per dollar, you would give him cash
  3. You spend someone else's money on yourself – lunching on an expense account, for instance. You have no strong incentive to keep down the cost of the lunch, but you do have a strong incentive to get your money's worth.
  4. You spend someone else's money on someone else – You are paying for someone else's lunch out of an expense account. You have little incentive either to economize or to try to get your guest the lunch that he will value most highly. However, if you are having lunch with him, so that the lunch is a mixture of case 3 and case 4, you do have a strong incentive to satisfy your own tastes at the sacrifice of his, if necessary.

It's clear what the government is doing in this case but as Minister of Finance and Prime  Minister the taxpayers of this country deserve better than this.

Maybe you should reconsider the advice of your handlers Mr. PM as it's about time some reason is applied to what's going on in this country.

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