"had a significant impact on the creation of jobs, growing 3%, from 121,000 in 2010, to 125,000 in 2011"


Wow, pardon the pun, China must be shaking in her Boots!

Crapy article, since this does nothing for the Dominican econemy except create a few jobs.

Who buys these shoes? Is this part of the trickledown effect?

Every small growth helps especially when it is in exports and every new job is good news for someone.. Just look at the grumpy replies....China will be shaking in its shoes and it only creates a few jobs .
Anyone with the slightest regard for the DR can see that this is good news ..especially the wide growth of exports

josean, I don't think China has even heard of the Dominican Republic, however be reasonable, it is good news for the country.

Written by: foresthill,
"Crapy article, since this does nothing for the Dominican econemy except create a few jobs."

Nothing but a few Jobs?

4000 Jobs.
4000 families being fed.
4000 Families being clothed.
4000 Families receiving medical care.
4000 Families paying their bills
4000 Families injecting money into the local economy.
4000 Families not sucking off the Government teat.


Seriously.. You just don't get it do you?

My batteries had to be changed!

anthonyC very well said

"Crapy article, since this does nothing for the Dominican econemy except create a few jobs."

" Wow, pardon the pun, China must be shaking in her Boots!"

"Who buys these shoes? Is this part of the trickledown effect?"

"I agree with you it is good news, but only if were true!"

You're all sicker than sick. Odds are that your attitudes reflect your living conditions. (dire poverty). Anyone who's as negative as y'all, cannot be happy and does not have a real life. I pity you, fools!!

Ron I totally agree with you ..it is wonderful news for the DR and for the families who will benefit .
I simply cannot believe the negative comments that are written ,,,it is like a hate compaign against any success in the DR

I hate to read by candelight!

RoyStone,

I agree with you it is good news, but only if were true!

Many here at DT though miss the point, anyone would be happy if these stories could be believed. However when you have a Narco Failed Sate being running by a group of pathological liars anything and everything they say must take with a Nano grain of salt.

I generally am very suspicious of ALL government information/propaganda and when it comes to this particular Narco-mafia I don’t trust then as far as I could spit.

I respect that for you and others the still may have a small element of credibility; as for me the credibility METRO for this government left the station a long time ago, never to return!

,,,it is like a hate compaign against any success in the DR

No it's speaking truth to power because after all these marvelous developments, the people still have no health care, schools, safety; more drugs on the streets than ever.

There is a housing shortage of over 500,000 thousand units, peoples wages are stagnated yet the cost of living goes up every day, we are paying more taxes than ever in our history, two university campuses have been closed and the list goes on and on and on and on and on and on and on and on and on and on and on and on and on!

So where is the progress/success in the quality of life for the majority of Dominicans from the great economic advancements?

slave labor !!!!!!!!!!!!!!!!!!!

josean,

1) It is not the government's responsibility (nor should it be) to provide housing. It is the people's responsibility to use contraception (provided free by the government) to only have children they an afford to house, clothe and feed.

2) Most Dominicans pay virtually no tax, hence such a heavy tax burden on those who do.

3) Government policy is only one of many factors that affect the rate of inflation and people's purchasing power.

In my village everyone has a reasonable standard of living yet not one works full-time, or needs to pay income-tax, rent, land-tax, municipal rates, hospital care, water, rubbish collection, school fees or for school uniforms, and has subsidized electricity and gas. Everyone has at least one TV, mobile phone, and all the guys have a car or motorbike, and the women all go to a hairdresser and manicurist, and no-one dresses in rags. Most have an inverter and batteries, a deafening sound-system, and wear the latest fashions to the local

1) It is not the government's responsibility (nor should it be) to provide housing.


You right Roy!


However, it is thier responsibility to incentivize the private market to invest in affordable housing by;

Just one example, making sure that when you purchase land the title you hold has not been Xeroxed, if you will, to two hundred other “owners.”


PS

They also could have banking rules to establish competitive interest rates so your 7th generation grandchildren aren’t still paying for the usury mortgage you sign on to!

by: Ricardolito, 11 Jan 2012 4:05 PM

Ron I totally agree with you ..it is wonderful news for the DR and for the families who will benefit .
I simply cannot believe the negative comments that are written ,,,it is like a hate compaign against any success in the DR

by: anthonyC, 11 Jan 2012 8:38 AM

Written by: foresthill,
"Crapy article, since this does nothing for the Dominican econemy except create a few jobs."

Nothing but a few Jobs?

4000 Jobs.
4000 families being fed.
4000 Families being clothed.
4000 Families receiving medical care.
4000 Families paying their bills
4000 Families injecting money into the local economy.
4000 Families not sucking off the Government teat.


Seriously.. You just don't get it do you?

Kudos to all plus Roy.

"From small acorns do mighty oaks grow."

Even small enterprises offer better conditions for unemployed people. How do you think S. Korea
Hong Kong, Singapore and many others have moved out of extreme poverty? T

Back in the aftermath of the Constitutional Crisis of 1965, the USA tried to get Balaguer and his people on board a paradigm shift in DR's economic model. The USA offered to open its marketplace and coordinate DR's entrance with Export Industrialization. The same model that helped S. Korea, Taiwan, Singapore and some other nations escape from extreme poverty towards modernity and development. Today we see all those nations having gained enormously from their early sacrifices. And yes, they each sacrificed at the early stages with low paying jobs. But as they gained mastery over low quality goods and services they gained valuable knowledge that served them well as they moved up the "food chain" in manufactured goods for exports.

Sadly, Balaguer and his people didn't take the offer and we all know what followed.

Today, DR still struggles to gain modernity and development while these other nations are reaping far greater returns for their earlier sacrifices.

{"Many here at DT though miss the point, anyone would be happy if these stories could be believed. However when you have a Narco Failed Sate being running by a group of pathological liars anything and everything they say must take with a Nano grain of salt."}

...And you are a pathological pessimist... Bringer of hopelessness and defeat!!

And you are pathologically obsessed with josean's opinions!

On a more serious note, and one that carries great importance for DR's economic future Listin Diario recently published an article that is not too flattering concerning DR advancement in the DR-CAFTA free trade deal. To wit: The DR is not taking full advantage of the quotas set aside for it, and DR has been slow to deal with sanitary issues that have caused problems with exports from the nation. Other parties to the agreement are making better use of the pact and with two more years to go before another "basket" of goods is traded freely, DR faces tough competition headed its way.

"El comportamiento seguido por los exportadores dominicanos, en término de cuotas de importación a los demás países DR-Cafta, no han sido aprovechadas en algunos rubros y en el caso de Estados Unidos, algunas cuotas son subutilizadas por RD ... Por ejemplo, RD no utiliza su cuota de helados y productos lácteos, no completa la de quesos, ni utiliza la de azúcar y carne."

"No obstante, dijo que la Dicoex y otras instituciones trabajan para superar las restricciones sanitarias que han impedido las exportaciones de carne desde RD."

Consultor
El consultor privado y ex coordinador del acuerdo, Hugo Rivera Fernández, asegura que el país está perdiendo su protección en materia agroindustrial, industrial y comercial con EE. UU. y la región, ya que se desaprovechan recursos y por eso se pierden millonarios fondos en exenciones.

Además, cree que en RD la presión fiscal se ha cambiado por competitividad, haciendo una “eutanasia fiscal” al sector empresarial.

Al respecto, explicó que en Centroamérica los gobiernos se aplican de seis a siete leyes que contribuyen con el desarrollo de los procesos productivos, entre las que citó la Ley de Maquila, la de perfeccionamiento activo, sistemas de bonos, y la de reintegro de impuestos."

So a lot of hard work ahead for the Dominican exporters. Costa Rica and the rest are getting ready.

http://www.listin.com.do/economia....rdo-DR-Cafta-esta-en-el-ano-siete

COMERCIO INTERNACIONAL

Acuerdo DR-Cafta está en el año siete
LA MAYOR PARTE DE LA DESGRAVACIÓN ES EN TRES AÑOS


Comercio. Sectores productivos demandan conversar sobre el alcance del DR-Cafta y el TLC bilateral con Centroamérica.

Cándida Acosta
candida.acosta@listindiario.com
Santo Domingo

R epública Dominicana casi está en el “punto medio” en cuanto a la desgravación general de aranceles contemplada en el acuerdo de libre comercio firmado entre Estados Unidos, Centroamérica y República Dominicana (DR-Cafta).

And you’re the guy that wants to give four more years to these Incompetent Bastards!

For God’s sake they can't even run a School Breakfast Program without creating a diarrhea epidemic!

Josean,
they should scrap the School Breakfast Program. The schools have a responsibility to educate the kids, not to feed them, (or clothe them for that matter) especially since they only have 4 hours or less per school-day to do it in.

Josean,
you have a point regarding incentives for investment in cheap housing. However on the other side of the coin, many "poor" Dominicans inherit land free (from squatter ancestors) and can build very cheaply, as there are no enforced building standards, and cheap labor and stolen materials are available. Even if there was title security and absence of graft, there is no money in providing low-end rental accommodation in this country. It is not only the government who are corrupt.

Josean,

The only game in town is the battle between the PRD and the PLD. Punto y Final!

And out of those two possibilities, the PLD is the LESS WORSE CHOICE.

{"And out of those two possibilities, the PLD is the LESS WORSE CHOICE."}

As of today, we haven't much of a choice. Let's wait for the new DA for SD, Yenny Reynoso to run and see how she does.

"It is not only the government who are corrupt."


Your absolutely right Roy and "The People” is where the legions of corrupt politicians come from. That is why we need a total new break from this current paradigm and vicious circle.
In fact if we continue this way there are only two eventualities, either outright dictatorship or social unrest the likes of which we have not witnessed in DR in many years. I think the later has more of a possibility even if we are faced with the former for a brief period.

Sooner rather than later people will rebel; decency will eventually triumph.

josean,

I'm not sure if decency does eventually triumph. Certainly fanaticism and fundamentalism is more successful than moderation. This age of enlightenment is almost over and we are starting to slip back into another Dark Ages. Over 50% of the world's most powerful nation still believes in the Creation. Imagine the inquisition with the internet, and the Crusades with nukes.

The global economy is dependent on growth - like a chain-letter. When it reaches saturation, it must collapse. The planet is finite. Consumption and population and consumption cannot grow forever.

"I'm not sure if decency does eventually triumph. Certainly fanaticism and fundamentalism is more successful than moderation. This age of enlightenment is almost over and we are starting to slip back into another Dark Ages. Over 50% of the world's most powerful nation still believes in the Creation. Imagine the inquisition with the internet, and the Crusades with nukes."

"The global economy is dependent on growth - like a chain-letter. When it reaches saturation, it must collapse. The planet is finite. Consumption and population and consumption cannot grow forever."

Wow Roy and people call me the pessimist!

Remember the words of the poet my brother: It is ALWAYS Darkest before DAWN, although the struggle will be fierce, I grant you that!