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No one @ilynem
, 4 tweets, 1 min read Read on Twitter
#tradermoni is a brilliant sentimental plan. It appeals to the poor and uneducated because they don't know any better. Sharing 10k to 5m people when 89m people live in extreme poverty makes no economic sense. that is 300m down the drain all in the name of poverty alleviation.
"At least this government is remembering the poor." No, they are not. They are taking advantage of their ignorance. There is nowhere in the world that poverty has been alleviated through the sharing of money as little as 28 dollars.
The poor aren't suffering from lack of 10k. They are suffering from a lack of power supply, rising prices, inadequate health care, education, etc. They are suffering from a hostile business environment which means the 10k won't even go far.
It's ok if the uneducated see this as a wonderful project. But for someone that has gone through the four walls of a school defending this? You need to go back to school.
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