I remind you of the damning words that Ralph Maraj in his December 31, 2012 column in the Trinidad Express entitled “The Private Sector Can’t Dance” had for the business community: “For the past few years, most of our business elite have been sitting on their resources, marking time but still accumulating; only a few venturing to take some measured risk to stimulate the economy; most waiting, as always, for the treasury to provide new feeding.
This capital of credibility is built over time and easily squandered. So, as a general principle, in weighing up the arguments for and against such and such a decision, we should never fail to appreciate that our behaviour has durable significance. It can add to the asset of credibility, or detract from it in important ways.