‘Money in your pocket’ comment is basic economics – Inusah
Minister of Roads and Highways, Alhaji Inusah Fuseini has said the President’s comment about putting money in the pockets of Ghanaians was based on basic economic principles.
According to him, persons scrutinizing the President’s comments through partisan lenses are doing a great disservice to the people of Ghana.
Contributing to a panel discussion on the matter on Accra-based Citi FM, the Minister said no President “will go round putting money directly in people’s pockets.”
“Presidents create opportunities for people to make money and he [Mahama] says he is laying the social and economic structures in this country; my [Mahama] first term of office was dedicated to laying down the social and economic infrastructure and that is in tandem with development paradigms everywhere,” he explained.
President John Mahama on Thursday during the inauguration of a one of the Community Day Senior High Schools at Kwaobaah Nyanoa in the Eastern Region asked Ghanaians to retain him as President and he will have money in their pockets.http://ghanapoliticsonline.com
However, he has been widely criticized for his comments but in response, he explained saying, “if you say feeling it in your pocket it doesn’t mean the President will come from place to place and count money and give to everybody to put in his pocket. The economy will provide the opportunities but it is for the people to take advantage of it. You can’t be sitting with his hands crossed and saying that if the economy is growing why I am not feeling it. You need to take advantage of the opportunities that the economy is creating and that is how money comes into your pocket.”
Alhaji Inusah Fuseini said both Germany and the Unite States are prosperous nations because they concentrated on developing their social and economic infrastructure.
This, he said is what the NDC government is doing which will ultimately “put money in our pockets.”
The Minister noted that the construction of roads will ensure the easy transportation of food crops from the rural communities to the urban centers which will in turn create value for money for farmers.
He said it will also result in cheap pricing of food products which will save Ghanaians money.
Again, he explained that the construction of hospitals, clinics and potable water will guarantee a healthy workforce for the country.
Construction of roads in farming communities “is a poverty alleviation strategy because farm produce will no longer rot on farms and we in the towns will spend less on food. This is economics 101,” he noted.
“Supply, demand and prices will fall and this will result in money in your pocket,” he added.