WRONG
ECONOMIC ESTIMATION - CRITICAL THINKERS DARE THE
FINANCE
MINISTER, HON.SETH TEKPE.
The
critical thinkers are challenging the finance minister Hon Seth Tekpe to
withdraw his estimated amount needed to turn the economy around.
His
claim flaws;
1. Economic
indicators
2. Population
indicators
3. Consumer
theory
4. Economic
equity theory.
To be
brief;
1. Our
economic indicators.
The Ghana’s
short term, medium term and long term indicators plans are hollow and
hence
fragile
The
stabilization plans neglected intermediary economic products and only chasing
final
product called GDP.
This
will mount more pressure on the economy and cedis
2. POPULATION INDICATORS
The
finance minister failed to take into account population dynamics. The rate of
child
birth,
the rate of migration from child hood to adult hood and etc.
This
was not taken into account before final figure. as population explodes this
estimation will be useless.
The
rate of migration was also missing.
There
will surely be more pressure on the economy.
3. CONSUMER THEORY
The
finance minister also left out consumer theory and as a result more demands
leading hardship and business amplitudes.
4. THE ECONOMIC EQUITY.
There
are imbalance in government finances or in the economy.
Because
the economy lacks equity, there will always be loses in the economy.
There
is no economic equity.
The
critical thinkers therefore rubbish Tekpe's claim.
We are
advising him to go back to drawing board and do proper analysis to safe the
economy and Ghanaians.
"
I LOVE GHANA "
PROPHET
: ZEPHANIAH MAGNUS PONGO.
CRITICAL
THINKERS AND NPP PROPHETIC TEAM.
No comments:
Post a Comment