The more dishonest critics of Prime Minister and Minister of Finance Hubert Ingraham’s handling of the effects of the global economic crisis on The Bahamas typically stretch the truth if not outright shred it to pieces.
There are three main inconvenient points these critics fail to honestly assess: The nature and severity of the financial crisis and its impact on The Bahamas, the prime minister’s deftness and dexterity in handling the crisis, and their own lack of a credible alternative in dealing with the same despite their flippant criticism.
In the telling of some, for nakedly partisan reasons, Hubert Ingraham is responsible for the terrible effects of the financial meltdown on The Bahamas. Never mind that most of the region and the world have been similarly affected with some countries in an even worse position than The Bahamas.
That many developed and developing countries have also had the outlooks for their economies downgraded by international ratings agencies in the throes of the worst global economic crisis since the Great Depression is also conveniently ignored by those seeking to scapegoat Ingraham for a crisis principally caused by recklessness and greed, and lax regulation in various first world economies.
