I think for me when we are discussing gov - we are talking public sector. I don't think Gov should do anything special to private sector. It should be left on it's own. What Gov owes to private sector, private individuals and citizens is gov services. It owes them excellent roads, railways, ports and such services. It owes them good policies, laws and regulations. Its owes the young (under 18), the disabled, the old, the poor and vulnerable some social services that they cannot possible pay - in education, health, housing and such basic needs.
I dare say gov should not even think about growing the economy. It should think about this like a day job to do - provide like 60 services - 20 by counties - and 40 - by national gov. And it should do that job as excellently as it can.
When gov does that - they will grow the economy without even intending to. I want Ruto if elected to commit to provide the best goverment services by bridging infrastructure & social deficit, it should also continue to reduce gov bottlenecks and red-tape as reflected in "Ease of Doing" business, it should ensure police & security organs are doing their job, and then leave rest to market economy & common sense.
You don't need to be nudged to open a factory when there are good roads & railways to transport raw materials, enough cheap electricity to manufacture and finally market to sell finished goods. It should be non-event. No ceremony would be needed because companies out there are looking for opportunities to invest out there.
I want gov to come back and say we had 15% of all our roads paved - now we have 90% of our roads paved. We had 30% of our citizen connected to electricity - now we have everyone connected. We had like 30% of our citizen & firms with clean piped water - now we have everyone with piped clean water. We had like 10% under NHIF - now we have universal healthcare.
We just need a report card on how gov is doing in it's functions.
Once they focus on doing their job - the economy will grow. Just like you, companies and me do not go thinking we need to grow the economy by 6% - we have a job to do and we do it the best we can.
Pundit, no I don't "hate" Ruto. That's too strong. I don't invest in politicians, I just don't support him as the panacea now. I have no horse but Raila is the only worthy opponent and as your boy says the best ideas and player will prevail. Iko nini tena?
My issue is this: economy strategy is a longterm game - so we cannot dismiss models. I just showed you Chinese merits - can you explain how Kenya can overcome them so we can adapt that model?
1. DUO public + private driven combo. You propose only public driven. How do we fix our private? With their mega bank and massive cheap private lending - and our credit crunch - we are OPPOSITE to their model.
2. EXPORT revenues fund China's public spending - debt-to-GDP 16% - you are happy with massive borrowing. Our exports have shrunk under Jubilee - the OPPOSITE of China.
3. STABILITY - communist dictatorship. This is impossible with elections and democracy - Ruto would only have 10yrs no matter how efficient - Kagame/Meles had 20+. Xi Jin Ping just became lifetime Chinese Czar. Again...
We are OPPOSITE to China MODEL.
