Online poll: Respondents: Pay down debt

Any government surplus should be used to reduce the debts incurred, according to Cayman Compass readers. 

Of the 490 people who participated in the latest poll, 226 individuals – that’s 46.1 percent – opined that debt reduction should be priority. 

A further 129 people, or 26.3 percent, felt the best way forward would be to “reduce duty on diesel so electricity bills will go down.” A surplus ought to be saved for a rainy day, felt 61 people (12.5 percent); creating a mental health facility was the view of 48 participants (9.8 percent) and the remaining 26 people (5.3 percent) selected “Other.” 

“Is it truly a surplus when the money was borrowed to balance the budget?” asked one participant. “Therefore, it should be used to reduce the national debt and none of that nonsense about using it to expand welfare dependencies and Socialist voting-grabbing programs.” 

Another person in favor of paying down the debt felt the cash was just being moved around. 

“Lower some of the overbearing fees they increased that was totally uncalled for,” wrote the poll participant. 

The majority of people who offered comments had selected “Other.” “All of the above,” was the view of several individuals. 

One person took it a little further with an analysis of the four options. 

“Option 1 (Pay down the debt): Looks like we always going be in debt; Option 2 (Save it for a rainy day): government doesn’t have rainy days, government has natural disasters; Option 3 (Create a mental health facility): A Mental Health Facility is needed if we don’t already have one; Option 4 (Reduce diesel duty): This would be a good option depending on exactly how much reduction we will see.  

“If it isn’t really by much, then just give me the money. I’ll know what to do with it.” 

Pay rises for government employees, civil servants and teachers were mooted by different poll participants, as well as several hopeful readers saying variations along the lines of “give it to me.” Several others offered ideas, including sorting out the dump. 

One person seemed to be sick of the whole situation, given their cynicism. 

“Spend it on unicorns and flying pigs. Because if you believe government has a surplus, then you probably believe in these things too,” wrote the reader. “Oh, ‘operating’ surplus?’ That’s like the surplus one briefly has on payday if one doesn’t spend all the cash in his pocket that day before he gets around to paying the mortgage, car loan, credit card, health insurance, and pension contribution.” 

Another participant had a specific use in mind for any spare money. 

“Create a proper behavior service for children to also support those with mental health needs,” offered the respondent, neatly tying in a previous Cayman Compass poll on the behavior of youngsters in schools. 

Somebody else felt that the cash could be used to complete previous initiatives. 

“Revisit past ‘good idea’ projects that we could not do because of cash flow problems, i.e., put street lights on Savannah bypass,” was that reader’s response. 

Roads were also on the mind of a fellow pollster. “Have more traffic cops on the road,” wrote the individual. 

Another was satisfied by the current situation, saying, “I think it has got the balance right: paying down on government debt, putting some into reserves and some for capex.” 

Next week’s poll question 

  1. What’s the best way to revitalize George Town? 
  2. Make it more pedestrian-friendly. 
  3. Change zoning so people can live above commercial premises. 
  4. More restaurants, bars and nighttime entertainment. 
  5. Put in new roads for better accessibility. 
  6. Other (explain) 

To participate, visit caymancomass.com. 

Online-Poll-S
0
0

NO COMMENTS