That’s a theory that only operates in a theoretical sense. Increase in money in the economy would increase demand but inturn increase inflation, leading to the devaluation of the kenyan currency leaving us worse off given the dollar crisis. And the debt story, as a nation that’s already in 9Tr in debt i dont see how taking more debt would result in a better lifestyle. Increase in taxation was done so as to increase government revenue inturn reducing the government deficit that exists. Nice pronounciation tho😅😅
Babu is right,kibaki reduced taxes on motor cycles and farm inputs thus creating more jobs and production.youths could now afford to buy mabatis and employ more on their farms .. ... employed youth pumped more into the economy which now the gorvment could now tax..babu is right
i think withdrawing bodyguards means increasing unemployment a better way of solving financial cries would be reducing the salaries of very high income earners and use that money to cover the deficits. unfortunately there are laws to increase salaries but no laws to reduce them
Government cuts down taxes and injects more money to the economy? Where is the government getting revenue? Thirdly, we are over reliant on imports, this puts scramble for dollar on huge demand with subsequent weakening of shilling in a big way. As it is, we have a budgetary deficit that fluctuates due to deficits in revenues.
there is no intelligence here. he is only confusing those who doesnt understand economics. how can you increase the purchasing power of buyers and expect a control in inflation. it only continues to increase prices since the traders will increse their profit margin after realizing that the buyer has ability to pay. let babu give us a simple lesson on purpose of taxation and how it is used as a tool to control inflation instead of confussinf others with economic concepts he doesnt understand himself.
Also too many appointments, hence duplications of offices, leading to unnecessary spending in salaries and luxurious purchases of high end vehicles, loans, trips, hotel accomdations, feeding frenzy, entertainments, church gifts, mistresses, educating official's children in Ivy League Colleges in the West etc.
Effects if being unemployed...are you sure you understands what 3% levy means???if u understood then by this time u should have been praying hard..this not a matter of Azimio or Kenya kwanza...it's a matter of our lives...So ,,stop being stupid
@@mawama6719 It's not about quoting, this guy is brilliant. Probably you've not interacted or watched him when he's discussing issues outside politics..
Keynesian model of government spending through debt got us here in the first place. Ruto should not even be clasical, he should go full Austrian by following the advice of Hayek and Mises.
Look at the TRANSPORT SYSTEM in Kenya, Ruto chose an activist called Murkomen to lead it. Accidents are everywhere and buses are overloading like Moi era times. If they are borrowing from Kibaki times then Michuki rules must be back. Ruto is telling Kenyans how gas will reduce to Ksh.500-300 only to turn and tell Kenyans that he can only reduce price of Mitungi which people have in houses to 300/-😆😆😆😆😆😆😆😆😆😆😆😆😆😆😆😆😆😆😆
Babu Owino is hopping around ideas strange to his mind. He is so unqualified to lecture Taxation 101. It's worthwhile for Hon. Owino to reread the wealth of nations by Adam Smith for clarity. The president has austere economist who study and advice him.
thats a lie. if you eject more money to the economy in times of inflation it means you increase the purchasing power for the buyer thus the demand is high and the trader continues to increase prices inorder to earn more profits. it should be the other way round. in times of infration the government should reduce the purchasing power by increasing taxes and thus the demand lowers forcing the traders to reduce their profit margin and ultimately infration is controlled.
Ruto is a botanist who understand miti shamba more than economics and he is deputized by a social activist so the three channels of Economic recovery they may not understand. Ruto will try to know but Gachagwa only knows that economy belongs to Kikuyus and is about buying and selling goods and services. In fact he is wondering how someone can miss money in pocket when there is MALIMALI to sell.😁😁😁😁😁🤣🤣🤣🤣🤣
How can government reduce tax and the same time put more money in the economy? We have debts to pay, the gov itself has no money to pump into the economy. When a country is struggling with high levels of debt, implementing expansionary fiscal policies may be challenging hence Keynesian perspective cannot work in Kenya's economy today!
Why refer to mzungu books....nonsense......big English words of mzungu can't help Africa!!!!!over colonized Africans...........ruto is using his African thoughts not mzungu one.....
I think hes wrong and ruto is right. The population has bad spending habits, they thing from china and causes a negative import export balance. But if government surpreses the population for a while to invest in production which will increase foreign revenue. Making kenyans rich
Babu owino will be our next King after baba he is fearless, educated, intelligence, firm stand, and straight forward man
For luos maybe
Babu is a great man and a wise youth of Kenya
Mature reasoning... You deserve the CAs position... I don't understand why the government s not getting the right people like Hon. Babu Owino ,
Very brilliant mind
Pure advice from Babu owino let him watch from youtube.
I didn't know that Babu Owino is so brainy. This is a scholar and a leader of magnamity
ls there any unbrainy luo?
That’s a theory that only operates in a theoretical sense. Increase in money in the economy would increase demand but inturn increase inflation, leading to the devaluation of the kenyan currency leaving us worse off given the dollar crisis. And the debt story, as a nation that’s already in 9Tr in debt i dont see how taking more debt would result in a better lifestyle. Increase in taxation was done so as to increase government revenue inturn reducing the government deficit that exists. Nice pronounciation tho😅😅
Failed thought
@@muchunumuchunu but you fell short of giving your thoughts!
Theories are always proven In Economics.this is not philosophy
Babu is right,kibaki reduced taxes on motor cycles and farm inputs thus creating more jobs and production.youths could now afford to buy mabatis and employ more on their farms ..
... employed youth pumped more into the economy which now the gorvment could now tax..babu is right
Let's reduce allowances and withdraw the bodyguard for some of government workers, And Babu there's no way how u can teach ruto to operate the office
He can. Why not do you think the president can run it one man show? My friend this is a country not a class.
i think withdrawing bodyguards means increasing unemployment a better way of solving financial cries would be reducing the salaries of very high income earners and use that money to cover the deficits. unfortunately there are laws to increase salaries but no laws to reduce them
but he's already doing xo..
Where is the money going to come from??pay taxes !!
Kweli wewe ni Wangondu
U can as well pay
Government cuts down taxes and injects more money to the economy? Where is the government getting revenue? Thirdly, we are over reliant on imports, this puts scramble for dollar on huge demand with subsequent weakening of shilling in a big way. As it is, we have a budgetary deficit that fluctuates due to deficits in revenues.
Tell your bosses to refund back money they stole.
Why don’t you arrest them? Ng’ombe
Another zombie
Maybe was your dad who stole
Educated vs wisedom.....this is embarassing
The level of intelligence that Kenya needs
there is no intelligence here. he is only confusing those who doesnt understand economics. how can you increase the purchasing power of buyers and expect a control in inflation. it only continues to increase prices since the traders will increse their profit margin after realizing that the buyer has ability to pay. let babu give us a simple lesson on purpose of taxation and how it is used as a tool to control inflation instead of confussinf others with economic concepts he doesnt understand himself.
Facts... Esp Keynesian
Also too many appointments, hence duplications of offices, leading to unnecessary spending in salaries and luxurious purchases of high end vehicles, loans, trips, hotel accomdations, feeding frenzy, entertainments, church gifts, mistresses, educating official's children in Ivy League Colleges in the West etc.
Babu how do you inject the money which is not there
Pesa iko.
6:58 its lee kuan yew 😂😂😂
Very intelligent man 👏👏👏
I greee 💯 but without taking sides
Babu, cutting tax ni sawa tumesikia but injecting cash, pesa iko wapi
0:24
Ehhh mwesh kindly be realistic, unless government default on the debts (external and internal) for 3 Years, manze Hatuendi Mahali.
hen the government has limited revenues, increased government spending and injecting money into the economy can exacerbate fiscal imbalances
Is that how you were advising the handshake priniples when they drugged Kenya into the hole of debts?
You don't have brain...go and look for it😊😮
Effects if being unemployed...are you sure you understands what 3% levy means???if u understood then by this time u should have been praying hard..this not a matter of Azimio or Kenya kwanza...it's a matter of our lives...So ,,stop being stupid
Whoever introduced this guy to politics made a huge mistake.. This man can make a very good lecturer..
@@mawama6719 It's not about quoting, this guy is brilliant. Probably you've not interacted or watched him when he's discussing issues outside politics..
@@Mike-01 Not in economics of course. But hate or like him, he's a brilliant guy when outside politics..
@@mawama6719 probably you didn't get my point. You've assumed I am talking about this talk..
@@mawama6719 I am the author and that's not so..
Secession is the only way out
Love this Babu❤❤❤
Na hii kinyozo ya babu si ako na laana😂🎉
Ni wee umempea
bro siku hizi umenona sana,kumbe bunge wapishi si wabaya
I don't know why I'm laughing everytime Hon. mentions another scholar
Keynesian model of government spending through debt got us here in the first place. Ruto should not even be clasical, he should go full Austrian by following the advice of Hayek and Mises.
Look at the TRANSPORT SYSTEM in Kenya, Ruto chose an activist called Murkomen to lead it. Accidents are everywhere and buses are overloading like Moi era times. If they are borrowing from Kibaki times then Michuki rules must be back. Ruto is telling Kenyans how gas will reduce to Ksh.500-300 only to turn and tell Kenyans that he can only reduce price of Mitungi which people have in houses to 300/-😆😆😆😆😆😆😆😆😆😆😆😆😆😆😆😆😆😆😆
Babu is very right the problem is after talking sence ,,,,,He brings Baba's analogy
Why don't you take this many words into parliament Mr?
Looking for a dictionary!😎 hii mtihani yako ya Complex vocabulary words are wanting.🤣
rundia rundia in a language we can all understand 😮😊
"inject money into the system " from where??
Did you pay attention? What did you think Uhuru was doing? Idiot!
Tafuta ugali ukule matako wewe
Babu Owino is hopping around ideas strange to his mind. He is so unqualified to lecture Taxation 101. It's worthwhile for Hon. Owino to reread the wealth of nations by Adam Smith for clarity. The president has austere economist who study and advice him.
Peleka hii story mrefu bunge, you're an MP
Wewe babu you want govt tcut dwn taxes amd inject cash. From where? The government is already broke.
I think you are the one who was advicing Uhunye
I dont agree with model proposed by Babu at all even in really life let it be a theory and remain their like Bombanding theory of Jeans and Jeffrey
It's Ruto's time to do what he thinks is good for the country, wait for your time, your theories are not needed now ....kaa hapo ungoje kupangwa
Nugu shenzi
thats a lie. if you eject more money to the economy in times of inflation it means you increase the purchasing power for the buyer thus the demand is high and the trader continues to increase prices inorder to earn more profits. it should be the other way round. in times of infration the government should reduce the purchasing power by increasing taxes and thus the demand lowers forcing the traders to reduce their profit margin and ultimately infration is controlled.
Not depression it is recession
Go through the clip again Mr Ng'ethich kipsang
And you are thinking of using this brain when you become president?🤣
I saw people from Nandi are also crying of economic hardship which is really good news😂
Which country can this boy become a president?
You can't give advice when you're partisan bro
The power grab itself was partisan so is it case of the first sin?😅😅😅
Ruto is a botanist who understand miti shamba more than economics and he is deputized by a social activist so the three channels of Economic recovery they may not understand. Ruto will try to know but Gachagwa only knows that economy belongs to Kikuyus and is about buying and selling goods and services. In fact he is wondering how someone can miss money in pocket when there is MALIMALI to sell.😁😁😁😁😁🤣🤣🤣🤣🤣
This is nonsense. But we understand you lazima you talk...
he is hopping around theories that he barely understands
How can government reduce tax and the same time put more money in the economy? We have debts to pay, the gov itself has no money to pump into the economy. When a country is struggling with high levels of debt, implementing expansionary fiscal policies may be challenging hence Keynesian perspective cannot work in Kenya's economy today!
I guess heavy taxation will put more money on the economy let us wait and see
@@jordo4zip1 Yea the more you earn the more you spent, the more you put more money on people's pocket.
Babu kamenona mashavu,
Who really is is the government? the people we voted for are advising the government.
How can we take advice from a murderer, hypocrite and a minion. 😡😠😤
WE KNOW YOU'RE PAID TO SPREAD FEAR AND ANXIETY.. KWENDA UKAFANYE KAZI WACHA UTOTO
Did he muder your relative mbwa shenzi sana
@@Otg1taly murder starts with a thought.. boyyo!!
Is he your m.p.??
@@ephraimblack5578 zombie enda ulale
Ruto atatumarisa badu ogea na nyeye
Why refer to mzungu books....nonsense......big English words of mzungu can't help Africa!!!!!over colonized Africans...........ruto is using his African thoughts not mzungu one.....
😂😂😂You mean the system of government used was made in Africa amazing I think we should also tell Americans that democracy came from Africa
I think hes wrong and ruto is right.
The population has bad spending habits, they thing from china and causes a negative import export balance. But if government surpreses the population for a while to invest in production which will increase foreign revenue. Making kenyans rich
Which production is Ruto investing in.....when he is making the cost of production unattainable?
Tell us how to make money and develop the economy by giving up half of your salary, we know you bitter heal.
Babu tafuta ruto umueremiche
This guy has no clue what he is talking about.
You tell us what you know
It is what it is
Babu is not ecomist ,the only thing he knows is selling drugs no more.
What economics do you know yourself?
At least he has a trade 😂na wewe yako ni gani .... Kuomba drugs
Alikuuzia drugs kama unajua peleka police
We we ndio supplier ya hizo drugs???