Monday, 2 November 2015

WRONG ECONOMIC ESTIMATION - CRITICAL THINKERS DARE THE FINANCE MINISTER, HON.SETH TEKPE.







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 INDICARORS
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 ect.
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.

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