Construction has always been a pillar of Cayman’s economy no matter how forcefully its significance has been denied. The livelihood of many Caymanians and Caymanian businesses depends on the maintenance of existing housing stock, the creation of new housing, residential or commercial, and construction in general; to give a few examples, roads, schools and waste disposal facilities. Therefore, and as soon as possible, some construction projects must proceed; otherwise, it will be a bleak Christmas for many Caymanian unemployed and underemployed, including many of its heavy equipment operators.
Obstacles to growth
There are two useful words that have entered into common usage because of what has happened in Western societies in the last 50 years. The first word is “banana” and the second is “bozone”. “Banana” stands for “Build Absolutely Nothing Anywhere Near Anything”. Unfortunately, this concept is alive and well in Cayman as people who are part of the “banana” movement forget where their prosperity comes from. They should remember that a society that does not create wealth cannot be wealthy and that only the private sector can create wealth; governments take money from producers. The second useful word is “bozone” which is a combination of “ozone” and “bozo”. The word “bozone” can be used in terms such as “bozone layer”, which is that layer of ozone in the air preventing intelligent thought from getting through. There are some days in Cayman when the “bozone layer” is quite thick; that is when the “banana” people have their best days.
Projects must proceed now
While the “banana” movement consists of people exercising their democratic rights within the “bozone layer”, there comes a point in time to step aside and allow approved major projects to proceed. Currently, the only approved major projects on the horizon are the developments supported by the Government in the West Bay peninsula and the removal of Mount Thrashmore; they must be allowed to proceed and the persons or institutions holding them up must get out of the way. Unemployed Caymanians need some hope that there may be an economic recovery soon.