Embakasi East Member of Parliament Babu Owino revealed something that might make Kenyans not to Vote for UDA party leader and Deputy President William Ruto.
Babu Owino expressed his feelings to Kenyans about Ruto’s bottom up economic model saying that every other person who is talking about bottom up is either an academic liliwat or an academic dwarf or an academic orphan.
“They do not know what bottom up means. We don’t need bottom up economy. We need up bottom economy,” said Babu.
“Up bottom economy means that money should trickle down. It is also called the leaking basket concept or leaking down concept,” said Owino.
Babu said that Up bottom is what we need in Kenya where money comes from the government to the common mwananchi.
He said that money should not move from the common mwananchi which is bottom to the government which is up.
“When the money comes from up to the bottom, what we need to do as a government is to create what we call demand,” said Owino.
“When money is in the pockets of a common mwananchi, when when money trickles down from the government, we will increase the purchasing power. When we increase the purchasing power, we will increase supply,” said Owino.
He said that whe the government creates an industry at the top so that the common mwananchi can get job at that industry, we will ensure that that common mwananchi has enough money in his pockets.
“When the common mwananchi has enough money in the pocket, he will run to the shopkeeper to Unga, to buy sukari,” said Owino.
Babu said when the common man buys Unga, and there are many common mwananchi buying more and more Unga, the shopkeeper will run to the industry so that more Unga can be produced.
While engaging wananchi at Makutano in Meru town after attending a thanksgiving service at the A.I.P.C.A, St. Lorent Angaine Church – Timau, Meru County, UDA party leader and Deputy President William Ruto said that the bottom up economic model was how he would grow the economy rubbishing those he said tell the wananchi things they do not know about bottom up.
“The last time I checked, you guys thought bottom up was about alcohol consumption composition, shame on you,” Ruto said.
Ruto has said that Creating a favorable investment climate will make businesses flourish and millions of jobs generated.
He said it would in turn raise more tax revenues to support the government’s development agenda and cushion Kenya against the exorbitant foreign debts.
“The challenge we have in Kenya is because there are too few people paying taxes. We must make sure the majority of Kenyans pay taxes by making sure the four million young people have work to do or business to do that is the responsibility of government,” Ruto said
“We must make sure that every enterprise grows because they have access to credit not shylock. We must make sure every farmer has what it takes to increase their productivity and must have access to market,” Ruto said.