ECONOMY NEEDS PEOPLE TO HAVE MONEY

Sir,

In a fiscal crunch, the last thing government should do is make the consumer worse off. As consumers we have become bailout victims of a government that seems incapable of managing the public purse. The consumer is an easy target for quick money through government services user-fees, yet consumers through their money provide the fuel that drives the economy to greater production levels.

Respect

Government needs to understand and respect the fact that consumers are the holy grail of an economy. Without a healthy consumer base, business activities and government have no legitimate reason to exist. Our government is very good at taking money to spend on short-term and long-term expenditures that have failed to yield proper dividends for the economy at large. It has opened gaping financial holes that need filling urgently to turn the economy into a positive trajectory. These gaping financial holes have been opened by stretching consumer wallets to a point where even the money people use to hide under their beds has simply vanished.

Behaviour

This kind of behaviour has become pathological with our government and without a proper plan for the nation that respects both consumers and businesses as the holy grail of the economy, the country will continue to circle around the same issues until the close of the National Development Strategy status which was supposed to deliver our First World Status last year. Can politicians get one thing clearly; the economy needs people and businesses to have money in their pockets in order to support economic activities that will in turn increase the revenue government receives to spend as it sees fit.

Plan

It is basic economics that our government needs to come to terms with, and from there it needs to formulate an economic plan that will put consumers and businesses at the centre of the economy. EmaSwati can no longer afford being squeezed off their money which keeps on being used to fill government’s gaping financial holes!

Post your comment

Your name:

Your e-mail address:

Add your comments:

Please enter the code you see in the image:

Image:

Code: