Shallow and intellectually dishonest

There's so much to deal with in Dr. Brown's speech yesterday, that's it's sort of hard to know where to start.

But how's about here:

Over the past decade, the number of highly skilled job opportunities in the international business sector - like actuaries - has grown exponentially. However, the quality of student we produce in Bermuda has not risen to meet the demand.

Firstly, as any actuary would point out to you, statistically speaking, in a population of 40,000 work age Bermudians, we'll only produce 5-10 actuaries. That's just the way it is. I know that isn't the politically pandering thing to say, but it's just true.

Bermuda doesn't possess some superior gene pool that means that we can create a disproportionate number of actuaries, or people capable and desiring of heading up multi-billion dollar public corporations with all the stress and expectations and sacrifices that that brings.

The false expectations that are being created are very damaging. It's one thing to tell people that they will be educated to be able to go out and get a decent job if they work hard at it, it's another to pretend that in 3 short years after graduating college that you can gain all the experience necessary to take over any position in our economy.

International business, reinsurance and finance is a clubby business that is built more on experience, credibility, relationships and drive than having the right college degree. That's important, but if you're in the industry you see that certain individuals can bring hundreds of millions of dollars of investment or revenue to a company based on their name, reputation and contacts. That what the big salaries, stock grants and perks are compensating for.

That can't be transferred from Sven to Johnny in 3 years. And that's not to mention that Sven won't come to train Johnny if he knows that he has a 3 year dead end job.

The argument that the Premier presented is so shallow and intellectually dishonest it's hard to describe.

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