| NEWS GANG | Economy: Bottom Up… And Downs?

| NEWS GANG | Economy: Bottom Up… And Downs?

i really think that uh we need to move to the next limb the next limb of this because in so uh jostling and scrambling for for for air time as it were the different parties are throwing things around us and i think one of the most interesting things i’ve noticed is that there is some kind of an economic discussion happening right now there is the the famous bottom up and i think there have been conversations about made in kenya and all sorts of things but i think we can listen to the deputy president william ruto speaking about bottom up all right [ __ ] to me panga that is what the the deputy president says and this whole bottom-up thing francis has caused quite a faffal in the country because everybody kind of trying to figure out what it is it did not help of course that uh alice while speaking to some kituku um was didn’t sound quite sure whether it was bottom up or bottom down or whatever it meant and and those kinds of things become easy for them for for opponents but be that as it may there seems to be a conversation um that one would believe is about the economy as to whether that is what people will base their decisions on next year is an open question but all the same quite interesting that we are talking about this there’s a good reason why this discussion about economy is as is is now why because everybody appreciates the role and function of the economy in politics in the last let’s say one year two years mostly since the advent of covid everybody in their lips has been speaking about the economy how bad the economy is what is the challenge with the economy and so on and so forth before that you remember there was a huge discussion around the state of our debts in the country and what it has done to our economy whether the developments that are going on the construction and everything else the relationship between economy and politics is very close only that unfortunately the economic discussion is also economical with the truth because at the end of the day who and how will kenyans vote will it will they vote for the best economic model or will they vote for what they consider the best political model and also will those do they also look at the best political mobilization or the best economic mobilization because even in 2017 there was also a discussion around the economy in 2013 there was a discussion around the economy it was to some extent you remember the tricodon economy discussion in 2017 so it’s a good discussion to have hope hopefully there will be you know an exchange of ideas between those who support bottom-up economic model and those who are supporting rural empowerment economic model and any other economic model that comes let’s have a discussion around them however hopefully whichever economic model carries the day next year will be implemented to the letter because promises in a campaign be they economic be they developmental be they political unfortunately in this country we don’t have a very good record of fulfilling promises made before an election that is the ultimate challenge i want us to hear rayel odinga before we come to to jamila he was also speaking about some economic models [Music] we are changing the conversation we are changing the politics of our nation away from ethnicity away from changing the constitution so that us as leaders can share positions share power and do things that benefit us and we are moving the conversation to ordinary people changing the economy so that we can create jobs so that we can create opportunity so that we can create enterprise linus okay so sorry sorry i think i was going sideways now i need to come anyway jamilah the conversation is it changing you think i don’t know because um when we listened to them and actually alluded to it he said this is not the first time we’re talking about bottom-up economic model or any other economic model for that matter we’ve seen it in many festivals in the past few years and and in my opinion sometimes i i think that manifestos are maybe sort of like a wish list or just an obligation that has to be made in terms of showing that we have a plan because a lot of what is usually in those documents are never fulfilled in fact an economist was telling me that most of these manifestos are actually borrowed from the vision 2030 and also borrowed from each other what someone had before is what you will end up having again and i think we should be look at the 2022 manifestos once they come out and scrutinize them cleanly and you’ll notice that some of them are things that have already been said before but then for me i think having an economic model is a good thing because we need not to travel as perspectives just because you disagree on the political views of of others i think we need to interrogate them and because i think the problem we have in this country is that if your political leader you follow tells you jump off a cliff that’s where we are going you’ll fight to justify why jumping off that cliff is the right thing and if a leader your post says something positive uta kata and i think other people need to like look at this not through the political or tribal lenses let’s look at them in terms of how it will help people how it will affect the economy or boost it up how it will affect people’s livelihoods or boost it up in fact i think when someone takes over after after the 2022 elections they’ll have a lot of questions to look at in terms of what is the state of our finances as a country what are the funds that we have what do we need to cut down how do we schedule our loans and what is the effect of that what do we have in terms of uh pensions such as daiwa and then look at all those factors before you even think about implementing an economic model because i’m sure whoever takes over will have a huge burden to look at and to try and work out i don’t envy whoever takes over as president 2022 because they have a huge in inbox in terms of the finances covet 19 is a factor corruption is a factor there’s a whole mess then i think we need to interrogate all the options before we just pose everything that is put on the table venus do you feel the change well what is glaring for me is the dysfunction because william reuter is the deputy president of the current administration and i think we need to see right through things that are happening here and what has happened here is the deputy president is successfully managing to detach himself from the record of the very administration he’s been deputy of for nine years now he is running away from that he is not talking about whatever model jubilee administration is using i mean one time former chief justice willie mutunga described the economy as a bandit economy and qualified it very rightfully like you know there are cartels dominating the amounts of money that we lost to corruption in um in between 2013 and 2017 a lot of money that was that was the time of uh nys uh that was the time of half your house we had so many scandals money was just basically uh being taken in a not bottom up but top down because those are not ordinary bottom people stealing or getting involved in in corruption except a few well-connected hairdressers when you look at the um what the deputy president has basically been doing he is messaging for 2022 period and what he is doing is to run against this current government and saying no we need to change the economic model whatever it is that you’re using now it doesn’t define it we want a bottom-up approach that is going to be different from this current administration so here is an awkward situation where the number two is literally running against the number one because when you criticize the running of an economy first of all you have to target the administration that is in place and i draw examples from the 1992 election in the u.s when bill clinton was running against a very strong president called george w bush george h.w bush who had a very strong foreign and defense record but the economy was in recession and james cavill his advisor coined the term the economy stupid yeah the economy is stupid and it went on it resonated because people are suffering because of the recession under the bush administration i see the genesis of this bottom up as william roto reading very correctly the suffering of people under the jubilee administration the suffering that a lot of people have suffered because of the economic downturn under the administration and saying no no we’re going to change that we are bringing in something called uh bottom map so and because this the the grievances among the people are real when you see the central kenya region which is where the president comes from itself sort of turning against the president it has everything to do with the economy the economy has not been doing well a lot of businesses shut down even pre-covered we were doing badly even before covered and so the deputy president has made a very good effort in taking advantage of the weaknesses or the recession under the jubilee administration to then promise that i am deputy yes but i’ll ride you out of this current mess through a bottom-up approach and then i think there’s something quite interesting to be said about that and if you look at even the global trends that we’ve seen over the last several years where for example if you look at the the the factors that brought donald trump into power the economy was a big part of that conversation in the sense that he read the economic plight of of of of of ordinary you know sort of blue collar american workers and prescribed very populist sort of ideas about you know rolling back uh things like um efforts to to deal with climate change talking about uh you know bringing back the jobs and saying it’s always foreigners these foreigners who are taking away all your jobs and taking them to other countries and that sort of thing and so there’s a sense in which uh because of how the economy has not functioned over the years one because of just mismanagement secondly because of factors beyond what is happening here and in the la in in the last year or so because of covet i think there’s a sense in which politicians will try and fill that space with high sounding ideas that at the end of the day would need to be broken down and people you know ask questions how is this really going to work is this really going to be the solution to to what what we’re dealing with so so right now the the high sounding ideological as well as the populist ideas that keep coming up might not really cut it for the the very real questions that we have and i think going forward perhaps what a lot of kenyans will need to be doing is interrogating asking more questions than than just cheering at perhaps sloganeering is part of an election if you remember in 2013 we had analog analog versus digital not all analog people voted for the old people who were deemed analog voted for raila odinga who was seen as the analog leader of the analog team and not all the young people who were seen as the digital guys voted for the uhuru route or ticket and in 2017 we had a similar slogan hearing where was kazi and leia or no guys a new team to start over so slogan hearing is part of an election but suffice uh to say whichever model economic model is adopted whether top bottom or bottom up we must also remember that there is a budget making process in this country number two whether bottom up or top bottom or whichever model comes in as long as resources are being stolen corruption as we call it as long as this pilferage of public resources as long as there’s mismanagement of these resources as long as these mis misaligning of these resources where priorities are not considered bottom up top bottom we will continue to have the same problems as we have because what is top bottom or bottom up with ground corruption with mismanagement of resources with allocation of resources in non-priority areas so those are in my opinion the factors and most importantly repaying the debts and making sure that any other debt that is procured is procured at an affordable rate and for the right reasons sorry which that’s that so that’s issue
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| NEWS GANG | Economy: Bottom Up... And Downs?

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