A cautionary tale, especially for returners

[jar77]

With tourism around 5-6% of GDP I do not think we can say tourism is the bread and butter, more like the roll of paper towels.

Also, I have seen several comments about what happens in the States, hence many folks thought processes. However, you cannot compare Third World to the States, both of which have their pluses and minuses in compare.

What I find interesting is several folks who do not see the thieves as 100% of the problem. Leave your valuables at home, blah blah blah blah blah blah.

And who elected Ping Pong as the almighty one Fred?

5 to 6 percent haaaaaaaaaaa..so wrong

[jar77]

Didn't mean to have harm come upon anyone but my point was....I driving one way down the road,,,you are driving the other way,,,I just passed the bridge that was closed and I don't bother to tell you the bridge is closed? Get it? I never Warned you.

Also my friend,,,UMMM a Ghetto Cop term is used to separate me from the cops who just bust folks for spitting on the pavement, I dealt with Real criminals ? But UMM ,,never mind. I get it,you were Dumb enuf to get Got and so you hate cops.Yawn.

People don't hate cops they hate jerks.....and you Mr Stripe are hillarious

[Accompong]

5 to 6 percent haaaaaaaaaaa..so wrong

Never let it be said that facts ever got in the way for a booger or Elmer Fudd.

Page last updated on February 5, 2013

Economy - overview:
The Jamaican economy is heavily dependent on services, which now account for nearly 65% of GDP. The country continues to derive most of its foreign exchange from tourism, remittances, and bauxite/alumina. Remittances account for nearly 15% of GDP and exports of bauxite and alumina make up about 10%. The bauxite/alumina sector was most affected by the global downturn while the tourism industry was resilient, experiencing an increase of 4% in tourist arrivals. Tourism revenues account for roughly 10% of GDP, and both arrivals and revenues grew in 2010, up 4% and 6% respectively. Jamaica's economy faces many challenges to growth: high crime and corruption, large-scale unemployment and underemployment, and a debt-to-GDP ratio of more than 120%. Jamaica's onerous public debt burden is the result of government bailouts to ailing sectors of the economy, most notably to the financial sector. In early 2010, the Jamaican government created the Jamaica Debt Exchange in order to retire high-priced domestic bonds and significantly reduce annual debt servicing. Despite the improvement, debt servicing costs still hinder the government's ability to spend on infrastructure and social programs, particularly as job losses rise in a shrinking economy. Jamaica was hard hit by the effects of the global economic crisis, experiencing economic contractions from 2008-10 and growth remains low. The SIMPSON-MILLER administration faces the difficult prospect of having to achieve fiscal discipline in order to maintain debt payments, while simultaneously attacking a serious crime problem that is hampering economic growth. High unemployment exacerbates the crime problem, including gang violence that is fueled by the drug trade. As of late 2012, the SIMPSON-MILLER government was working to negotiate a new IMF Stand-by agreement to gain access to additional funds.

[booger]

5 to 6 percent haaaaaaaaaaa..so wrong

Than what is it? I Googled it before I posted it and that is what returned. According to the CIA World Factbook it is 10%. http://www.theodora.com/wfbcurrent/j...a_economy.html. That is if you believe what the CIA has to say. So several searches returned results from 4-10%.

So I stand corrected. It is a roll of paper towels, roll of toilet paper, and throw in tube of toothpaste for all those wonderful Jamaican smiles. Remittances account for more than tourism at 15%, so the folks who left add 50% more to GDP than the folks who are visiting. Facts are facts and tourism will not grow until crime and corruption are dealt with.

[Fred Stripe]

I just found out that If I put golfballs in my mouth I know Everything.

Kinda like the Marlon Brando of Jamaica.

[Accompong]

I just found out that If I put golfballs in my mouth I know Everything.

Kinda like the Marlon Brando of Jamaica.

I pity the poor golf. Is that some kind of bird or a street corner punk you busted?

You have never been accused of knowing everything. Far from that.

Have a great day!

[jar77]

B

I just found out that If I put golfballs in my mouth I know Everything.

Kinda like the Marlon Brando of Jamaica.

Pretty funny

[jar77]

Than what is it? I Googled it before I posted it and that is what returned. According to the CIA World Factbook it is 10%. http://www.theodora.com/wfbcurrent/j...a_economy.html. That is if you believe what the CIA has to say. So several searches returned results from 4-10%.

So I stand corrected. It is a roll of paper towels, roll of toilet paper, and throw in tube of toothpaste for all those wonderful Jamaican smiles. Remittances account for more than tourism at 15%, so the folks who left add 50% more to GDP than the folks who are visiting. Facts are facts and tourism will not grow until crime and corruption are dealt with.

Let's say 5% is right for giggles....5% percent of 15 billion dollars are some expensive paper towels even if you throw in a few million tubes of toothpaste...

[Fred Stripe]

Gee,you would think that it was Me,Fred who was the thief? Gee,no real anger to the thief,Eh Pong? Or is it Don ? Do you wear a white collar and a funny pointed hat also?

When I go to Vegas for a trip,do I really want info from the guy who live 20 miles from Vegas but never goes to Vegas?

Can ya just give me Sundays Pick Six numbers instead?

I heard Rondell is giving all customer's a Rape Whistle,,Free.

[booger]

Let's say 5% is right for giggles....5% percent of 15 billion dollars are some expensive paper towels even if you throw in a few million tubes of toothpaste...

Lol. My analogy is in reference to a poster mentioning tourism is the bread and butter of the Jamaican economy.

So who is going to post a ripoff story today? I have yet to be hit in all of my trips, knock on wood. Then again I stay at places that take security serious.