Relic Hunter
Elder Lister
@Denis Young maoni, back in 2020 you liked his analysis
The current political agitation in the country has its roots in the economy. The Kenyan economy is collapsing systematically after years of looting and mismanagement. If you think you have seen a lot, you ain't seen nothing yet.
Those who say that the youths have no issues and are driven by petty politics are living in denial. Every year, we are releasing a million youths into a job market that is only creating 80,000 new formal jobs. In 2024, the informal economy created 90% of all new jobs.
The saying that the bulging number of jobless and hopeless youths is a ticking time bomb is no longer a dull-sounding cliché. The bomb is ticking, and time is not on our side.
Instead of politicians solving these economic challenges, they think hiring bloggers and goons is the answer. With the government spending close to 50% of tax revenues on public debt interest expense, it will soon struggle even to pay salaries.
The salaries of workers have been experiencing negative real growth due to the rising cost of living. Even the little they are getting will be unavailable.
A collapsed economy anywhere serves as fuel for political instability. Ours won't be any different. Denying the harsh economic realities facing Kenyans is playing with fire.
The worst mistake this regime did is to own the economic crisis they inherited by claiming they had stabilised things. What or who will they blame when the economic collapse is beyond what can be denied by regime bloggers?