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Opinions of Monday, 10 October 2016

Columnist: Sarpong, Justice

President Mahama is a liar

By Justice Sarpong

President Mahama has been talking about the economy a lot lately and touting his non existence achievements. These are some of the headlines from his speeches just the past two days;

NDC has built a robust economy – Mahama

Economy is healthy — President Mahama

Where is the economic crisis? - Mahama asks Akufo-Addo

Only Nana Addo sees economic crisis - Mahama

Akufo-Addo has crisis-spotting lens - Mahama teases

Either President Mahama has lost touch with reality, drunk or he needs to take off the "chichi"(Singlasses) he even wears indoors to see that there is no robust economy but rather a gloomy economic crisis looming on the horizon.

He is right though about Nana Akuffo Addo having crisis-spotting lens because Nana Akuffo Addo wears glasses that makes him see clearly unlike his dark glasses to hide his drunk glassy eyes.

Fortunately for Ghanaians, we don't have to take what Nana Akuffo Addo or President Mahama says about the economic situation in Ghana but we can judge for ourselves our living conditions and what the International economic organizations say about Ghana's economic conditions and just two days ago, this is what these organizations said about our economic situation;

1. IMF warns of possible full-blown financial, economic crises in Ghana

The International Monetary Fund (IMF) is warning of a full-blown financial crisis for Ghana if aggressive measures are not taken to check government's rising debts.

2.Business News of Thursday, 6 October 2016

Source: B&FT

Economy to grow slowest in 22 years

Ghana's economy is projected to grow the slowest in more than two decades on the back of mounting fiscal challenges, tight monetary policy and disruptions in oil production, the IMF has said in its latest World Economic Outlook report.

3. Business News of Thursday, 6 October 2016


Economy shrinks by $1.8billion - GSS

The size of the Ghanaian economy (including oil) shrunk from US$38.5 billion recorded in 2014 to US$36.7 billion in 2015, a difference of $1.8billion, the Ghana Statistical Service (GSS) has disclosed

4.Business News of Thursday, 6 October 2016

Debt, spending spree worsening

Folks, we are riding in a car under the control of a drunk driver by name John Mahama and we either have to summon courage and force him to stop driving or we kept quiet and allow him to plunge this car into a deep valley and kill us all and I don't think we are ready to commit a mass suicide by voting for President Mahama again who is plainly lying to us about the economy he has destroyed in almost eight years he has been in control.

I know some of these Ndc sychophantic pompom waving co,mics will come here and tell us Mahama has been in control for only four years but that is a big lie. This guy has been the President since 2009 due to President Mills illness that made him only a figurehead President with the day to day administration of the country under this man who drinks like a fish.

It is being alleged in the corridors of power in Ghana that, President Mahama is addicted to alcohol and his speeches at times lend credence to this allegation. You really have to be drunk to even open your mouth and say Ghana's economy at the moment is robust unless you are a Third Class History graduate as our President is and lacks basic economic lessons.

Maybe if our President will take off his sunglasses he even wears indoors, he will find out that our economy is stagnant and deteriorating faster than the Usain Bolt hundred meters dash. Maybe Mahama saw a robust economy when he was posing as Usain Bolt or he was inebriated.

Somebody needs to take that flask filled to the brim with pito that he carries around even on foreign visits. Mahama's robust economy can be regarded by practical minded individuals as chimerical and you have to live in lalaland to even think Ghana's economy is robust.

How can you have a robust economy when you have a 45 billion dollars economy with a debt of 90 billion dollars?

How can you have a robust economy with inflation hovering around 18%?

How can you have a robust economy with Unemployment hovering around 35%?

How can you have a robust economy when workers sometimes have to work over a year without being paid?

Fortunately for Ghanaians, Mahama's lie about a robust economy was exposed a day after he "drunkenly" said that when IMF came out with this report:

General News of Wednesday, 5 October 2016

IMF warns of possible full-blown financial, economic crises in Ghana

The International Monetary Fund (IMF) is warning of a full-blown financial crisis for Ghana if aggressive measures are not taken to check government's rising debts."

When you have kakistocracy and plutocracy government all weaved into one and being propagandized by school children Ministers and drunks, you end up in a mess our country is in. I do not mean to exaggerate the deleterious influence of Mahama's eristical behavior but there is no way around it.

What is robust economy?

"In economics, robustness is attributed to financial markets that continue to perform despite alterations in market conditions. In general, being robust means a system can handle variability and remain effective."

Can Ghana pass this robustic test when we have had "DUMSOR" for the past seven years that have resulted in companies folding up, people losing their jobs, people losing their lives etc and this President instead of apologizing for all the hardships he has created can mount a podium and gleefully mock us by telling us he has created a robust economy whilst at the same time telling us he has laid down a solid foundation for economic activities to take off if he has four more years?

You have to be a drunk when you continue to lay foundation after foundations.

President Mahama told us in 2012 that he and President Mills have built a foundation and he needs four more years to propel Ghana's economy. We gave him four years and he is still building foundations.

Give him another four years and the foundation building will continue because this guy will continue to be in stupor since nobody can take that flask always filled to the brim with pito away from him.

Mahama does not need another four years but we owe him a one way ticket to put him in one of his branded buses back to Bole-Bamboi so that he can become a farmer he intends to be. We owe him a bus ticket and not another four years for him to deepen the misery of Ghanaians whilst he schools his numerous children abroad.