Why Magufuli administration misses the point on Government splurge

[Rutashubanyuma]

the threats of declaring China a currency manipulator will make it harder for Chinese inflows in buying American debt and reduce American access to Chinese markets

 

[Rutashubanyuma]

paradoxically, Trump's own business empire survives only through philanthropic altruism of Asian and European banks and foreign investors whom now Trump threatens to hurt.

Far more alarming, Trump's US job creation strategy overrelies on raising debt ceiling and private capital inflows which need foreign input

 

[Rutashubanyuma]

If Trump will have his "self-centered" ways in four years he will not even contemplate seeking a second term because he will be heckled and booed wherever he goes and even the Republican controlled Congress may abandon him a gratitude to an impeachment process triggered by Trump's lining his own pockets.
The fact remains an empire like America thrives in open markets because of technological edge it sways over competitors. If now US is apprehensive of foreign competition then you need no economist to tell you America is in decline as the leader of the western world and no longer holds a superpower status but teeters unto a banana republic it once abhors.............

 

[Rutashubanyuma]

the lessons we gather from the western world fallout is we need to reevaluate our own prowess before looking outside

 

[Rutashubanyuma]

while eac is endured but that is where our chance to overcome poverty has highest chance of happening

 

[Rutashubanyuma]

free movement of labour, capital and goods among members of eac is frustrated by our selfishness

 

[Rutashubanyuma]

like the defunct eac, we never seem glad or willing to liberate ourselves from the snares of blaming Kenya as a source of friction but in any federation there are winners and losers too so why screeching eac because of it?

 

[Rutashubanyuma]

Southern states in US like Louisiana or Mississippi never questioned the validity of USA federation despite their economic backwardness so we may a need more than a rethink to put eac in front seat away from a back-burner where it is now...........

 

[Rutashubanyuma]

another area we need to change direction is veneration of Nyerereism

 

[Rutashubanyuma]

Nyerere was an economic disaster but is still revered for that which in its own shows we are accursed

 

[Rutashubanyuma]

some of the most stupid ideas from Nyerere was relocation of capital city from Dar to Dodoma

 

[Rutashubanyuma]

this howler was founded on a lie on many frontiers

 

[Rutashubanyuma]

first lie was Dodoma was the most central region but we know even without rummaging my geography scruffy notes, Dodoma is not that central and no study has ever been done to establish this

 

[Rutashubanyuma]

the second lie is the service will be brought closer to the people

 

[Rutashubanyuma]

who really goes to the central government for services when he has local government?

 

[Rutashubanyuma]

for this argument to hold any water then one has to discredit the efficacy and effectiveness of local governments

 

[Rutashubanyuma]

if this is true then the logical question will be why not abolish the local government system of governance because it is ineffective to reach and serve people

 

[Rutashubanyuma]

in fact I now make a case of stronger central government weakens local governments

 

[Rutashubanyuma]

the third howler is spreading and sharing the cake will reduce the appetite to expand Dar as more resources will go to Dodoma

 

[Rutashubanyuma]

we have created and still are in process of hatching more regions but will they really one day rival Dar economic and geographic enticements to further prosperity?