I was dumfounded to read that, following the report that Malta’s finances have been downgraded, yet again GonziPN has the cheek to accuse the Opposition of showing “complete shallowness and detachment from the economic reality surrounding us when questioning the timing of the government’s decision to implement further administrative cost-cutting initiatives” (January 13). This when the nation knows only too well the full facts of our spendthrift Administration, irrespective of where one’s political allegiance lies. When does the GonziPN’s arrogance stop?
The facts are that Gonzi PN has kept its popularity by spending borrowed money that the country could not afford, and when anyone with an iota of common sense would have told you that one cannot establish sound and secure finances simply by expanding your borrowings, especially when you can see a serious crisis looming on the horizon and when it has been looming for such a long time. The country knows only too well that GonziPN kept irresponsibly spending to keep some sort of popularity with the electors.
GonziPN should certainly never have invested millions in a glass house, reminiscent of Manhattan rather than a city built by the Knights for the gentry, and again it certainly should not have given the Cabinet a €550 a-week pay rise – with GonziPN’s shortsightedness and with the now familiar arrogance stating that the country could afford it – while giving the ones on the breadline a meagre €0.43c cost-of-living increase. Talking of the chickens coming home to roost for GonziPN is an understatement in this instance!
Gonzi PN will soon find out that even returning the loot will not get him out of hot water. I very much feel that the situation in Malta is the reverse of what happened in the UK, where the Labour Party kept spending money that the country simply could not afford. When the Conservative/Liberal coalition came into power it implemented massive cuts while in Malta it will be left to Labour to reverse the dire situation created by the spendthrifts’ GonziPN.