For the longer-term.
Look at the traffic in Nairobi and you’ll see that even a fool has a car. How did this happen?
Wealth without proof of work, that’s what.
Since 2013, county funds, NYS funds, CDF funds, corporate embezzlement has led to a rise in demand for second-hand vehicles. These dollars would have been spent much better had RAO won as wealth would still be locked within the elites.
People would have thought of creative ways to make money. Every youth-fool today with some 700k-3M shillings doesn’t think of starting a business or importing manufacturing equipment but rather buying a Subaru to get social media recognition and pussy. Other fools took loans to buy mkebes for Uber/Bolt business.
Muhindis have stopped carrying us. Somalis are just importing shit after shit. Arabs and whites already figured the Kenyan game - pay taxes and watch it squandered by political baboons and their kinsmen.
This is where high fuel prices will save us. These bonobos with Golfs, Proboxes, Imprezzas and other funny wagons will have to rethink their decisions in life once petrol hits 800-1000 bob per liter. Only respectable wealthy people who can make a difference will be left on the roads. The thirst to own a mkebe from Japan will cease and dollars will be saved.
Electricity and other household expenses will go up leaving bonobos to focus on survival rather than luxury.
There is no future of in a country where a young person saves money just to buy cars, 100x50 lots of land, cheap coastal trips, buy wigs, have side-chicks, etc. Watu lazima wakule fimbo wajue kutafta mali ya maana. Invest that ka-million in bonds, shares, MMF, SMEs, Starts-ups, construction firms, farming, etc.
Increase the duty on alcohol to weed-out peasants. If they switch to illicit brews that’s fine, they were never crucial to the economy anyways.