What were they thinking?

Your editorial of 1 September 2009 says it all.

The disastrous PPM government bear enormous responsibility for the crisis we now face because of their wasteful excesses in the face of a collapsing global economy, which they should have realised was going to impact our economy in a big way.

Your editorial was brilliant and it went straight to the heart of the matter. Enormous damage has been done to our economy, which is a shame when you think that these islands were so successful until recently.

It is my hope that once we turn the corner – and we will – the government will establish a reserve fund so that the next time we have a downturn – and we will – there will be something in the government coffers to tide us over.

William (Billy) Reid

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