https://bernews.com/2021/11/economy-contracted-6-9-real-terms/ Bermuda's #1 source for 24/7 breaking news, photos & videos Sat, 04 Apr 2026 09:46:21 +0000 hourly 1 http://wordpress.org/?v=3.7.5 https://bernews.com/2021/11/economy-contracted-6-9-real-terms/#comment-5677700 Sat, 27 Nov 2021 11:08:35 +0000 https://bernews.com/?p=1110575#comment-5677700 30-6. That’s what you get.

]]> https://bernews.com/2021/11/economy-contracted-6-9-real-terms/#comment-5677657 Sat, 27 Nov 2021 09:50:21 +0000 https://bernews.com/?p=1110575#comment-5677657 Seems Furbert carefully avoids to highlight the “impact” of Covid on the Public Sector. “Sharing the pain” seems to be confined to a reduction of $26.6m or 7.9% because of a reduction in paying into the pension plan. All that does is shift more liability to the private sector in the future. Memo to the PLP. Time to stop the defined benefit plan because you won’t have the money in the future. Learn from your failure to save money each year to replace the incinerator.

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