If the growth rate of the country grows higher, where will the increased growth go? The rich bussinessmen will get richer. If ever there is any growth in farm products this would hardly affect their income. Cost of farm inputs gets higher and profits go to businessmen. The businessmen buy their products at much lower price and store them until the price goes higher. The increased growth rate is also caused by increased numbers of ofws and the resultant increased in dollar rimitances. Meanwhile these dollar rimitances are spent in the malls of the businessmen,construction of better houses and buying better appliances and electronic gadgets,buying cars,etc. Where do the dollars go? To the businessmen. THE SAME THING HAPPENS. THE RICH GET RICHER AND THE LABORERS AND FARMERS ARE MULTIPLYING IN NUMBER AND GET POORER. The gap between the rich and poor gets wider. If something is not done to bridge that gap,evenvally this nation will collapse.
Posted on: Mon, 07 Oct 2013 11:13:56 +0000