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The Hon. Jache Adams, JP, MP

The Hon. Jache Adams, JP, MP

440
Speeches
69,524
Words Spoken
46
Sittings Active
10 Nov 2023 House of Assembly
Official Hansard Report - House Of Assembly
2 words
Thank you.
10 Nov 2023 House of Assembly
Official Hansard Report - House Of Assembly
303 words
Madam [Acting ] Speaker, I want to thank the Honourable Member who just took his seat. You see, I do not believe my colleagues fully understand what just happened. I do not think they fully appreciate that what we just witnessed was a masterclass. You see, we just heard someone speak for 20plus minutes yet still managed to say absolutely …
10 Nov 2023 House of Assembly
Official Hansard Report - House Of Assembly
259 words
Forty -nine. Many of whom would not been able to do so had it not been for this programme. That is this Govern-ment doing exactly what they say we should do but also demonstrating that this Government is committed to building a nation of owners. We have opened a long- awaited Independent Living Programme centre so that those foster children …
10 Nov 2023 House of Assembly
Official Hansard Report - House Of Assembly
15 words
Now, Mr. Deputy Speaker, [the] unemployment rate is down significantly. Our tourism figures are up—
10 Nov 2023 House of Assembly
Official Hansard Report - House Of Assembly
68 words
—and GDP, as you know, has surpassed pre- pandemic levels. Again, I am proud of the progress we have made thus far. But Mr. Deputy Speaker , it is not lost on me, and it is not lost on this Government that there are still too many of us going through hardship. And so that only stands as a reminder …
10 Nov 2023 House of Assembly
Official Hansard Report - House Of Assembly
288 words
And so, I say to the listening public that my colleagues and I are not only pleased with this legislative agenda but most importantly we are ready to roll up our sleeves and execute. But Mr. Deputy Speaker , before I go on, I figured I would have a little fun and address today’s Reply . Mr. Deputy Speaker , …
10 Nov 2023 House of Assembly
Official Hansard Report - House Of Assembly
120 words
I do not know who their consultants are. Nor do I know who is paying them. But whoever is, I strongly suggest they ask for their money back. I may be the only one on this side of the aisle, but I admit that I had higher expectations for the Opposition Leader. But listening to today’s Reply [to the Throne …
10 Nov 2023 House of Assembly
Official Hansard Report - House Of Assembly
24 words
I think I will start with credit ratings. You see the Opposition may not want to hear it, but the truth is the truth.
10 Nov 2023 House of Assembly
Official Hansard Report - House Of Assembly
35 words
While they were in Government, both S&P [ Global Inc. ] and Moody’s —not just one, both—downgraded Bermuda’s credit rating. S&P said the downgrade reflected the OBA’s continuing weak economic performance and weak public finances.
10 Nov 2023 House of Assembly
Official Hansard Report - House Of Assembly
92 words
That is the same S&P that has maintained our credit rating since we returned to Government, and in their last report they said they did so because of Bermuda’s strong institutional framework, prosperous economy, and prudent policy making. Mr. Deputy Speaker , both S&P and Moody’s see the differences between our parties, and I am confident that the public does …
10 Nov 2023 House of Assembly
Official Hansard Report - House Of Assembly
141 words
It must be emphasised that the One Bermuda Alliance was in Government for just over four years and two of those years resulted in the largest deficit in Bermuda’s history. Bermuda House of Assembly Notice the silence. Please someone correct me if anything I am saying is incorrect. To put the OBA’s weak economic performance and weak public finances into …
10 Nov 2023 House of Assembly
Official Hansard Report - House Of Assembly
62 words
And so here is the point to remember. Whilst the OBA gave us our largest deficit in history, the PLP ha ve been reducing our deficit every year since the pandemic, so much so that this February the Premier will be announcing a balanced budget for the first time in this country in over 20 years. [Desk thumping and inaudible …
10 Nov 2023 House of Assembly
Official Hansard Report - House Of Assembly
32 words
Mr. Deputy Speaker , I am establishing the differences between our parties. Hon. Zane J. S. De Silva: Can you repeat that? I cannot hear you. Can you say that again? [Laughter]
10 Nov 2023 House of Assembly
Official Hansard Report - House Of Assembly
19 words
Here we go because my cousin said one more time. Hon. Zane J. S. De Silva: One more time!
10 Nov 2023 House of Assembly
Official Hansard Report - House Of Assembly
62 words
While the OBA gave us our largest deficit in history, the PLP has been reducing our deficit every year since the pandemic so much so that this February the Premier will be announcing a balanced budget for this country for the first time in our 20 years. [Desk thumping] Hon. Zane J. S. De Silva: Okay, I heard you that …
10 Nov 2023 House of Assembly
Official Hansard Report - House Of Assembly
24 words
Now, let’s talk about the debt. Let’s talk about the debt seeing as though the One Bermuda Alliance love to talk about the debt.
10 Nov 2023 House of Assembly
Official Hansard Report - House Of Assembly
16 words
I say let’s not run from it. Let’s talk about the debt. The Deputy Speaker: Yes.
10 Nov 2023 House of Assembly
Official Hansard Report - House Of Assembly
28 words
Mr. Deputy Speaker , as you know, Bermuda’s gross debt at present is $3.3 billion, which is costing the Government approximately $130 million annually to service that debt.
10 Nov 2023 House of Assembly
Official Hansard Report - House Of Assembly
43 words
It is without a doubt a significant challenge we are facing. And so, I cannot blame the OBA for constantly bringing it up. In fact, I think it is good politics for them to do so. But what baffles me to no end—
10 Nov 2023 House of Assembly
Official Hansard Report - House Of Assembly
61 words
—is how they try to convince the public that the country’s debt is solely the fault of the PLP. They love to remind the people of our debt levels and then point the fingers at us. And so, I think it is only right that I give some facts that the remaining s ix cannot deny. [Inaudible interjection and laughter …