The hindiot economist has been schooled on matters economics
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DeepInYourMind
Elder Lister
They don't want prosperous kenyans who can think independently and make good long term decisions, they want poverty stricken kenyans who are caught in a rat race and can be easily deceived by wheelbarrow hekayas
Sometimes, data can be misleading. He only shows one part of thr story.
If Kenyans favor locally produced goods against the imported ones, show a graph of increased local production/consumption. Also, show which commodies that kenyans are not importing anymore. Coz to be truthful, ka magari najua soko imeharibika. Not because of increased demand of locally made cars, but because fewer and fewer people can afford them. This also means less revenue to govt.
If Kenyans favor locally produced goods against the imported ones, show a graph of increased local production/consumption. Also, show which commodies that kenyans are not importing anymore. Coz to be truthful, ka magari najua soko imeharibika. Not because of increased demand of locally made cars, but because fewer and fewer people can afford them. This also means less revenue to govt.
wrongturn
Elder Lister
But you have been heaping praise on their strategy yet most could have seen it is going no where...you can't tax a country to prosperity, .What are those locally goods that kenyans can favour? Almost 95% of electronics are imported, even sanitary ware ,we are a net importer yet no one is focusing on those issues to spur local manufaturing.
Even their strategy of depending on remintances will fall flat but no one wants to admit it.
Haha....i have not heaped any strategy. I have said they have failed in many things, but haven't defaulted yet, despite the circumstances that we're in.
And @wrongturn, let me disappoint you. I was in a Twitter space where Julius Amboko and Churchill Ogutu were the speakers. Amboko said the current painful IMF program will run till 2030. The target is to ensure that govt raises the revenue from the current 14/15% of GDP to about 20-25%. And since it's the IMF calling the shots, the next 6yrs will be full of pain.
wrongturn
Elder Lister
Boss,was disappointed in 2022 and moved on, i know what is coming. It will be painful but , we are prepared. But be sure something wil gve in, you cannot tax what is not there. Soon threshhold will be reached and there will be no more room to tax, it's either mass layoffs or reduced consumptions level.We are not in the 90's where most people used to farm enough food to last even months, sahi farms have been split to even 40 by 80 in some areas, little room to farm enough food for a family.
more taxes coming
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Yaas. He refers to middle class income earners as upperdeck people and disparages them. Is as if the goal is to make everyone a peasant.
By the end of 5yrs you will all be pushing wilbaros as per "The Plan".
DeepInYourMind
Elder Lister
Backward thinking. In modern economies the success of a nation is measured by how large its middle class is. It seems the current leadership is annoyed at all the people lifted into the middle class by kibaki era policies because they won't worship politicians. The want it to go back to old days of a few billionaire politicians with their benefactors and almost everyone else a peasant or living paycheck to paycheck. In such an environment serikali ndio kusema