Archive for November 4th, 2011

November 4, 2011

Economics Should Drive Palauan Politics

By Jackson Henry —-

Palau’s 2012 national budget is out so our politicians are busy hammering out the numbers and allocating scares revenues to the respective end users. The televised congressional debates and headline news coverage brings into sharp focus the challenges Palau faces when the economy grinds down year-to-year. Our hearts go out to the politicians who try to maximize the benefits from Palau’s scare financial resources. This brings forth the importance of good economics because the level of our income and expenses dictates our livelihood and the living standards we all enjoy.

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