Op-Ed: State of the Territory | Progress or Disconnect?
As Governor Albert Bryan Jr. prepares to deliver his 2025 State of the Territory Address, Virgin Islanders find themselves asking familiar questions:
2025-01-13 12:21:31 - VI News Staff
Does this address reflect the realities of life on our islands? Are the promises of progress translating into tangible improvements in our daily lives? Or are we left navigating a widening gap between the administration’s vision and the challenges we face? The address is an annual moment of reflection, but it’s also an opportunity to assess whether the path laid out by our leaders is aligned with the lived experiences of the people. This year’s address, perhaps more than any before, will need to confront the growing disconnect between policy goals and the pressing realities of our territory.
Outstanding Debt: A Strain on the Backbone of the Economy
One of the most pressing challenges facing the territory is the millions in outstanding debt owed to vendors, many of which are small businesses. These businesses are the backbone of the local economy, creating jobs, driving economic growth, and contributing to the vibrancy of our communities. How do we reconcile this debt with claims of economic stability? For small business owners, delayed payments mean tighter margins, reduced capacity, and an inability to reinvest in their operations. Can we truly say the economy is improving while so many businesses face financial uncertainty due to government inaction?