Ghanaians must vote massively for NPP to rescue Ghana
Ghanaians must vote massively for NPP to rescue Ghana
Zoobie-Zoobie 11 years ago
of little use or no use!!!!
of little use or no use!!!!
YAW 11 years ago
Whata joke. A Professor who prefers gut-feeling to statistical data for a knowledgeable analysis? This can only come from NPP Professors
Whata joke. A Professor who prefers gut-feeling to statistical data for a knowledgeable analysis? This can only come from NPP Professors
PRINCE KWASI ADADE (OFIE) 11 years ago
AUTHOR: MR. FIGURE-OUT----------------
It is only in Ghana would such a dishonorably idiot be on the government pay roll. Professor Mill should be solely blamed for imposing those criminals on us. After Mills found Betty Mou ... read full comment
AUTHOR: MR. FIGURE-OUT----------------
It is only in Ghana would such a dishonorably idiot be on the government pay roll. Professor Mill should be solely blamed for imposing those criminals on us. After Mills found Betty Moulds guilty of judgement debt payments the only thing he could do was to move her to the Education dept to continue her looting. Readers would recall that Betty Mounds was the one who awarded SCHOOL building contracts at a triple price of the existing contract sum of some GH 80,000.00. And this happened at a time when they claim inflation was in the single digits. Could you imargin how foolish these criminal liars were. Kuffour built similar structures with 80,000 at a time when inflation was around 14.8% and under Mills it was 240,000 at a rate of 8.8%. And these buffoons turn around to blame the fall of the cedi on some mysterious dwarfs. I don't blame those African countries that have been ripped apart by civil unrest because if you have such buffoons in power who always turn our local elections into a West Africa one
by contracting Togolese Trokosis, Burkinabe and Wangaras from La Cote D'ivoire to vote for them, the " Road To Kigare", is sometimes, a likely option to kick their ass from power.
facts 11 years ago
Point out the problems and you will be branded with names and insults. Bawumiah is too strong to ignore, just borrow a thought, its for our own good.
Point out the problems and you will be branded with names and insults. Bawumiah is too strong to ignore, just borrow a thought, its for our own good.
Oba Nyansani Baako Pe In Ghana! 11 years ago
Go and ask Mahama where is Ghana's money? He is the leader isn't it?
Go and ask Mahama where is Ghana's money? He is the leader isn't it?
Kuffour Ashanti thief Hoodlum (KATH) 11 years ago
We now know all their tricks, they are like ISIS now.
We now know all their tricks, they are like ISIS now.
OB 11 years ago
We shouldn't display our ignorance in public. The Prof did say "gut feeling" but in what context? Can you give readers one positive thing you learned from the article?
We shouldn't display our ignorance in public. The Prof did say "gut feeling" but in what context? Can you give readers one positive thing you learned from the article?
rick 11 years ago
I am sorry, but you seem so ignorant
I am sorry, but you seem so ignorant
odeneho 11 years ago
How can he oppose someone he knows, these are all NPP Propaganda Professors working for their own political advantage Just Ignore them
How can he oppose someone he knows, these are all NPP Propaganda Professors working for their own political advantage Just Ignore them
Kuo 11 years ago
Did you really understand what the Prof said?
Did you really understand what the Prof said?
Zoobie-Zoobie 11 years ago
what did the professor say?
what did the professor say?
OB 11 years ago
I wish I could speak to you in person to explain what the Prof said since you lack the ability to understand what you read.
I wish I could speak to you in person to explain what the Prof said since you lack the ability to understand what you read.
Komla Agbeshie (Ho) 11 years ago
Propaganda will kill NDC. Mahama is incompetent yet they pretend he is competent.The latrine boy Mahama is killing us ooo. Let us vote him out!
Propaganda will kill NDC. Mahama is incompetent yet they pretend he is competent.The latrine boy Mahama is killing us ooo. Let us vote him out!
Zoobie-Zoobie 11 years ago
not a serious economist
not a serious economist
OBIBA-JUDAS 11 years ago
ONLY THE FOOLS WILL VOTE FOR NDC 2016
ONLY THE FOOLS WILL VOTE FOR NDC 2016
John 11 years ago
Bawumia's doesn't need any backing from any big man,the ordinary people understand and respect him better.Who in Ghana at the moment is not feeling the effect of the economy?
Bawumia's doesn't need any backing from any big man,the ordinary people understand and respect him better.Who in Ghana at the moment is not feeling the effect of the economy?
Ghanaba 11 years ago
NDC can't even calculate simple inflation, or is it propaganda? They are either lying or stealing.
NDC can't even calculate simple inflation, or is it propaganda? They are either lying or stealing.
Natty 11 years ago
Until the electorate is given education on politics and governance voting will always be seen as choosing sides for the sake of being identified with some party.
People must be educated on the benefits of good governance a ... read full comment
Until the electorate is given education on politics and governance voting will always be seen as choosing sides for the sake of being identified with some party.
People must be educated on the benefits of good governance and how it affect the lives of citizens of the nation.
Politics is not like the premier league where you belong to a club and all you want to see is that your club has won by whichever means available.
Time to vote on issues and do away with fanaticism for the betterment of mother Ghana.
princewilly@ymail.com 11 years ago
Three economists and three mathematicians were going for a trip by train. Before the journey, the mathematicians bought 3 tickets but economists only bought one. The mathematicians were glad their stupid colleagues were going ... read full comment
Three economists and three mathematicians were going for a trip by train. Before the journey, the mathematicians bought 3 tickets but economists only bought one. The mathematicians were glad their stupid colleagues were going to pay a fine. However, when the conductor was approaching their compartment, all three economists went to the nearest toilet. The conductor, noticing that somebody was in the toilet, knocked on the door. In reply he saw a hand with one ticket. He checked it and the economists saved 2/3 of the ticket price.
The next day, the mathematicians decided to use the same strategy- they bought only one ticket, but economists did not buy tickets at all! When the mathematicians saw the conductor, they hid in the toilet, and when they heard knocking they handed in the ticket. They did not get it back.
Why? The economists took it and went to the other toilet.
kwadede 11 years ago
Mischievous comment from a boy.
Mischievous comment from a boy.
Frank Agyena-Karikari 11 years ago
Were you forced to read that posting? Who is an idiot now?
Were you forced to read that posting? Who is an idiot now?
princewilly@ymail.com 11 years ago
HE IS FROM THE STATE OF IOWA
"IDIOT OUT WANDERING AROUND"
HE IS FROM THE STATE OF IOWA
"IDIOT OUT WANDERING AROUND"
Kojo T 11 years ago
Ghana maybedown but NPP is NOT the alternative. We cannot improve by insults
Ghana maybedown but NPP is NOT the alternative. We cannot improve by insults
princewilly@ymail.com 11 years ago
THEY MAY CALL US STUPID"BUT WE ARE THE
S-SMART
T-TALENTED.
U-UNIQUE
P-PERSON.
I-IN
D-DEMAND
THEY MAY CALL US STUPID"BUT WE ARE THE
S-SMART
T-TALENTED.
U-UNIQUE
P-PERSON.
I-IN
D-DEMAND
Military Man 11 years ago
While I'll agree with you that the NPP is NOT the answer, neither is the NDC.
The NDC has abundantly demonstrated without any doubts that they are the most corrupt, thieving, clueless and good for nothing party ever record ... read full comment
While I'll agree with you that the NPP is NOT the answer, neither is the NDC.
The NDC has abundantly demonstrated without any doubts that they are the most corrupt, thieving, clueless and good for nothing party ever recorded in the history of our beloved country.
So Mr. "Kweku Bonsam", you think there's any other party out there which can do Ghana proud?
JK 11 years ago
hahahahahahaha
hahahahahahaha
KWABENA ODURO FREKYE 11 years ago
I find it extremely difficult to comprehend why NDC as party does not learn from those who are ahead from them. The leaders are reproach to their families.
I find it extremely difficult to comprehend why NDC as party does not learn from those who are ahead from them. The leaders are reproach to their families.
Ghanaian 11 years ago
Our professionals have this cruel habit of making us mere mortals nobodies. When the going gets tough, people hide behind professionalism and tell us: "Unless you are a professional like us, you would not understand how the f ... read full comment
Our professionals have this cruel habit of making us mere mortals nobodies. When the going gets tough, people hide behind professionalism and tell us: "Unless you are a professional like us, you would not understand how the figures are computed." However, when you ask them for the figures they employed to arrive at their conclusions, that becomes another issue.
When Bawumiah threw his challenge, the GSS came out to lash out at him thus: "Dr Bawumiah is being hypocritical. He must realize that the computation of the inflation rate is based on other factors apart from the price of food items, such as rainfall. What we need is exactly what Prof Atsu is suggesting. Some of us may not be statisticians, but Ofri Kwabena Amo taught us how to calculate figures! Just tell us exactly how the over 40% hike in food items on the Kumasi Cntral and Makola markets is having negligible effect on the national inflation rate.
Our professionals cannot also be corrupt, otherwise we have a big problem on our hands! Thank you Prof Atsu. You should rather become the government statistician, because the rogues at the department have become political operatives!!
Sika 11 years ago
Truth and we need to sit up.
Truth and we need to sit up.
wwc 11 years ago
Economics DON backs Bawumiah...
Economics DON backs Bawumiah...
BB Brown 11 years ago
This also means that the economics statistics presented to Ghanaians during the Kuffour regime was also questionable. There is no way that can be correct too, lets go back and scrutinize things you would find a can of worms.
This also means that the economics statistics presented to Ghanaians during the Kuffour regime was also questionable. There is no way that can be correct too, lets go back and scrutinize things you would find a can of worms.
Konkonte Man 11 years ago
Book long Man. This is not Adam Smith's class lectures. The figures the gov is providing is real. The gov will use book values, hence their rates are always low. The market rates always depend on the demand and supply of a p ... read full comment
Book long Man. This is not Adam Smith's class lectures. The figures the gov is providing is real. The gov will use book values, hence their rates are always low. The market rates always depend on the demand and supply of a product- they will hide the dollars to create artificial shortage to make big profits. Govs never use market rates to do business. This is Bull Shit!
KP 11 years ago
Where do we use book value to calculate inflation? This is not accounting and even under accounting market value is used to calculate inflation.
Where do we use book value to calculate inflation? This is not accounting and even under accounting market value is used to calculate inflation.
Konkonte Man 11 years ago
KP, the inflation figures are not real per se, they are randomly picked basket items and may not necessarily have good representation for the country at that moment of time. You mean 5 tubers of yam in Tamale or B/A will be s ... read full comment
KP, the inflation figures are not real per se, they are randomly picked basket items and may not necessarily have good representation for the country at that moment of time. You mean 5 tubers of yam in Tamale or B/A will be same as in Accra? Inflation figures are only a guide for the various govts to work with> Many factors can cause inflation and not necessarily the CPI gauge only. The book values are real.
KP 11 years ago
The difference in price of a tuber of Yam in Accra and B/A is not the issue here. What we are talking about is a price change in tuber of Yam let say in B/A from July 2013 to July 2014. Yes the inflation figure is just a guid ... read full comment
The difference in price of a tuber of Yam in Accra and B/A is not the issue here. What we are talking about is a price change in tuber of Yam let say in B/A from July 2013 to July 2014. Yes the inflation figure is just a guide but it must be able to reflect actual price as much as possible. What GSS is telling is in direct conflict with what is actually happening on the ground. They are doing a very lazy job.
JUSTICE OSEI AGYEMANG 11 years ago
AND ONLY IDIOTS AND THEIVES WILL CAST THEIR PRECIOUS VOTE FOR "KOFI DIAWUO ASHANTIFUO AKRONFUO" PARTY NPP.
AND ONLY IDIOTS AND THEIVES WILL CAST THEIR PRECIOUS VOTE FOR "KOFI DIAWUO ASHANTIFUO AKRONFUO" PARTY NPP.
Mawuli 11 years ago
Crusading Guide reminds me of a prosperity preacher selectively reinterpreting the bible to justify his ostentatious life style.
Anybody who read professor Amegashie's well balanced original article will know what am tryin ... read full comment
Crusading Guide reminds me of a prosperity preacher selectively reinterpreting the bible to justify his ostentatious life style.
Anybody who read professor Amegashie's well balanced original article will know what am trying to point out.
Zoobie-Zoobie 11 years ago
what are you trying to point out?
what are you trying to point out?
Mawuli 11 years ago
Zoobie! please professor Amegashie in my estimation vindicated the modality and the methodology used by GSS. He only asked benignly if the 5% food inflationary figure was realistic and suggested in good fate certain things wh ... read full comment
Zoobie! please professor Amegashie in my estimation vindicated the modality and the methodology used by GSS. He only asked benignly if the 5% food inflationary figure was realistic and suggested in good fate certain things which can be done to make the system less controversial.
Please brother Zoobie-Zoobie I will encourage you to read the original article on ghanaweb if you have not yet done so.
National Patapaa Party 11 years ago
Sorry but some of these so-called "experts" and Profs jump into arguements when they themselves don't have evidence or facts or proves on hand! Like Bawumia who has no facts and just speculates, these profs also follow suit j ... read full comment
Sorry but some of these so-called "experts" and Profs jump into arguements when they themselves don't have evidence or facts or proves on hand! Like Bawumia who has no facts and just speculates, these profs also follow suit just to publicize their degrees and positions! Blackman mentality; showoff of titles and positions backed with hot air!!!
Mawuli 11 years ago
National Patapaa! Please I will urge you to go read the original text of professor Amegashie's article. His article vindicated GSS based on the figures provided. If anything he complemented the GSS but gave suggestions to bet ... read full comment
National Patapaa! Please I will urge you to go read the original text of professor Amegashie's article. His article vindicated GSS based on the figures provided. If anything he complemented the GSS but gave suggestions to better clarify certain questions. I think the article appeared on Ghanaweb between July 30 and August 1,2014. I will encourage you to go read it to put things into context. Crusading Guide is a partisan news paper just like most newspapers in Ghana.
adumtumi nyansafuo 11 years ago
As an econmist I check Ghana's stats every six months.I have to tell Ghanaians that Bawumia is on point.
As an econmist I check Ghana's stats every six months.I have to tell Ghanaians that Bawumia is on point.
Ras Bo @ London 11 years ago
He has been bribed to talk birds of the same feathers flock together. There is nothing challenging for this professor hiding in a country whose economic activity is already laid without his sweat to rubbish what able bodied m ... read full comment
He has been bribed to talk birds of the same feathers flock together. There is nothing challenging for this professor hiding in a country whose economic activity is already laid without his sweat to rubbish what able bodied men and women of integrity are trying to build up in the country. What did Bawumia do when he was a deputy governor at the Bank of Ghana? Did he not supervise the redenomination of the country’s currency which as at now no knows how much it cost the country?
Professor whatever If you a patriot come and stay in Ghana and help build what you sees as a problem rather following the dictates of your stomach and spew garbage that cannot go down into your tummy.
Ghanaba 11 years ago
This is rubbish. This Associate Professor is a classmate of Dr. Bawumia at Simon Fraser University in Canada where they did their PhD.
We need to keep him there so he does not come to Ghana to confuse our seasoned Economi ... read full comment
This is rubbish. This Associate Professor is a classmate of Dr. Bawumia at Simon Fraser University in Canada where they did their PhD.
We need to keep him there so he does not come to Ghana to confuse our seasoned Economists at the Bank of Ghana and the GSS.
These guys should go and learn proper economics at Harvard, Yale or University of Chicago instead of these vodoo economics from Simon Fraser University.
The report, my friends, is therefore not only flawed but biased from the get go and we should not waste our precious time even reading it to the end.
Mawuli 11 years ago
Please guys go and read the original article which was posted on ghanaweb and not the picky partisan analysis of New Crusading Guide
Please guys go and read the original article which was posted on ghanaweb and not the picky partisan analysis of New Crusading Guide
Kofi 11 years ago
Please, can you people read the article from Prof. Amegashie before commenting? Crusading Guide's publication is a total lie
Please, can you people read the article from Prof. Amegashie before commenting? Crusading Guide's publication is a total lie
Haile Mengistus Manasseh V11 11 years ago
To Kwaku Bakoo and his New Crusading Guide! if the analysis of Prof. Atsu Amegashie is based on his gut feelings,and not based on facts on the ground, and this gut feeling is implied to be a support of Dr.Bawumia's analysis, ... read full comment
To Kwaku Bakoo and his New Crusading Guide! if the analysis of Prof. Atsu Amegashie is based on his gut feelings,and not based on facts on the ground, and this gut feeling is implied to be a support of Dr.Bawumia's analysis, then the whole implication here is Dr.Bawumia's analysis is baseless and not factual.
Further more Kwaku Baako and his group have only exposed their ignorance again by the above publication. We need something better than this " stomach direction " journalism.
Buadu Maye 11 years ago
this so called amegashie is not serious. how can he doubt the same figures which npp accepts when it suits them. he is equally as ignorant and daft as bawumia. you can go to hell if you like it or not. we accept the figures.f ... read full comment
this so called amegashie is not serious. how can he doubt the same figures which npp accepts when it suits them. he is equally as ignorant and daft as bawumia. you can go to hell if you like it or not. we accept the figures.fooilish professor who wants to create confusion in ghana
Hamilton 11 years ago
I can bet all of you commenting here visit the market often, don't y'all go to the bank? Whose data does commercial banks exhibits in their various banking halls? Only a fool will say Dr. Bawumia or Mr. Mahama's data. Ther ... read full comment
I can bet all of you commenting here visit the market often, don't y'all go to the bank? Whose data does commercial banks exhibits in their various banking halls? Only a fool will say Dr. Bawumia or Mr. Mahama's data. There's no where in Ghana as at June 2014 that a dollar was sold/bought @ Ghc3.03 Forget sentiments and come out neutral with your neutral conscience and say as at June 2014 you sold/bought a dollar @ ghc 3.03. And lets see how easy it will be fo you to say that. The governor of central bank lied, the director at GSS lied also. Lets call a spade a spade.
worried Ghanaian citizen 11 years ago
The GSS is not of itself. She has to sing the NDC tune or face the consequences.That is Ghana for you.
The GSS is not of itself. She has to sing the NDC tune or face the consequences.That is Ghana for you.
Annorwuo 11 years ago
Give Prof. Atsu`s critical of Bawumiah`s denomination exercise this kind of prominence in 2007. In any event,where in Atsu`s article, has he accused the GSS, and also the BoG of fraud? Typical of Abdul Malik and his group, th ... read full comment
Give Prof. Atsu`s critical of Bawumiah`s denomination exercise this kind of prominence in 2007. In any event,where in Atsu`s article, has he accused the GSS, and also the BoG of fraud? Typical of Abdul Malik and his group, they have gone out of their way to put words into the gentleman`s mouth,when he has stated plainly that he operating on the basis of intuition,which is a far cry from a rigorous analysis of the raw data!
still rastafari 11 years ago
congratulations Dr bawumia
congratulations Dr bawumia
Gerald 11 years ago
Thks Prof. They are just not serious.
Thks Prof. They are just not serious.
Dr Amegashie 11 years ago
New Crusading Guide is playing mischief! Read my original article that appeared on Ghanawed on the 31st of August!
New Crusading Guide is playing mischief! Read my original article that appeared on Ghanawed on the 31st of August!
Mawuli 11 years ago
Thank God the "The real McCoy is finally hear to defend himself.
Thank you Prof!
Thank God the "The real McCoy is finally hear to defend himself.
Thank you Prof!
Dr Amegashie 11 years ago
Feature Article of Sunday, 31 August 2014
Columnist: Amegashie, J. Atsu
Dr. Bawumia, the GSS, and Inflation
Feature Article of Sunday, 31 August 2014
Columnist: Amegashie, J. Atsu
Dr. Bawumia, the GSS, and Inflation
Kofi Antubam 11 years ago
Professor J. Atsu Amegashie, Professor of Economics at the University of Guelph, Canada
When FOOLS like the one mentioned above from outside who are just looking for future political appointments come down here and start ca ... read full comment
Professor J. Atsu Amegashie, Professor of Economics at the University of Guelph, Canada
When FOOLS like the one mentioned above from outside who are just looking for future political appointments come down here and start casting doubts on the integrity of our public organizations and their heads, it makes makes one heart to bleed.
This is NOT about NDC and NPP, Is Bawumia telling us that as a former Deputy Gorvnor of the Bank of Ghana, They 'cooked' figures and send them to world bodies like the UNDP, IMF, World Bank?
Please this is INTELLECTUAL DISHONESTY AT IT'S HIGHEST
Victor A. Young 11 years ago
There will an Akan adage which says:"wo sisi Ananse a wo sisi woho." To wit, you will be exposed if you attempt to out-wit the spider. So NDC can force GSS to cook economic figures for them; everyone knows what is wrong with ... read full comment
There will an Akan adage which says:"wo sisi Ananse a wo sisi woho." To wit, you will be exposed if you attempt to out-wit the spider. So NDC can force GSS to cook economic figures for them; everyone knows what is wrong with our economy.
Mawuli 11 years ago
New Crusading Guide's mischief should serve as a lesson to brothers and sisters on Ghanaweb to be circumspect and be equipped with all the facts before trying to insult or destroys people's hard earned reputation. We should k ... read full comment
New Crusading Guide's mischief should serve as a lesson to brothers and sisters on Ghanaweb to be circumspect and be equipped with all the facts before trying to insult or destroys people's hard earned reputation. We should know that, most newspapers in Ghana are not worth the paper they are printed on. All they do is partisan politics and not disseminating news as they appear. They are part of the problems we face in Ghana
DusTY-FooT-pHiloSophER 11 years ago
Thank you.
Thank you.
Maame Abena 11 years ago
Therefore, the GSS’ computed rates of inflation for housing, water, electricity, gas and other fuels (62%) and transport (38.3%) are consistent with what Bawumia calls our “collective experience.” So why is the overall ... read full comment
Therefore, the GSS’ computed rates of inflation for housing, water, electricity, gas and other fuels (62%) and transport (38.3%) are consistent with what Bawumia calls our “collective experience.” So why is the overall rate of inflation equal to 15.3%?
There are Ghanaians out there that are smart and cannot be fooled.
So NDC your propaganda will not work.
I know how much a bag of cement cost me last year, and I know how much a bag of cement is costing me today. So please do not take us to be fools.
Dr. Bawumia is 100% correct that the GSS has not being credible may be because of NDC government pressure on them.
KP 11 years ago
It is difficult to cook inflation figure because the effect is there for everyone to see. I don't know why this lady at GSS has allowed herself to be used by this government. I bought a bag of cement at Tema in Dec. 2013 for ... read full comment
It is difficult to cook inflation figure because the effect is there for everyone to see. I don't know why this lady at GSS has allowed herself to be used by this government. I bought a bag of cement at Tema in Dec. 2013 for GHC 17.50 but it was GHC 33 in April. The same goes to other building materials. Papa JJ said he was buying a milk for GHC 33 last year but it has doubled this year.
GhanaBA 11 years ago
the truth is like the sun, you cant hide it! SIMPLE...
the truth is like the sun, you cant hide it! SIMPLE...
Asare-Adu Joseph 11 years ago
The NDC does not believe in data, so don't worry yourselves arguing with them using verifiable data. They will use propaganda and name calling to deceive their followers. Sad, indeed!
The NDC does not believe in data, so don't worry yourselves arguing with them using verifiable data. They will use propaganda and name calling to deceive their followers. Sad, indeed!
sad for ghana 11 years ago
professor or DON without any credible research
professor or DON without any credible research
KOFFIO 11 years ago
You are as useless as your name sounds. you internet troll .
You are as useless as your name sounds. you internet troll .
KOFFIO 11 years ago
Simple economics will tell you that, currency rate = inflation rate.. Therefore, based on the cedi depreciation year to date, I predict Ghanas inflation to be 36%.
Also the fools insulting the professor, He is a professor ... read full comment
Simple economics will tell you that, currency rate = inflation rate.. Therefore, based on the cedi depreciation year to date, I predict Ghanas inflation to be 36%.
Also the fools insulting the professor, He is a professor in a good University Guelph and you people are cleaners. Jealousy you losers.
Dr.Sefah-Amanquah 11 years ago
Professor who base his economic arguements on his feelings and assumptions without authentic figures and and economic substance but political bias is dtrimential to the well-being of the nation.Professor should remember that ... read full comment
Professor who base his economic arguements on his feelings and assumptions without authentic figures and and economic substance but political bias is dtrimential to the well-being of the nation.Professor should remember that "Book knowledge without good character means nothing to humanity."If you can not trust our eminent economic don like Mr.Kwame Mpianim who is in Ghana all the time, but and not NDC candidate then I wonder what scool of thought you belong.
KOFFIO 11 years ago
What has school of thought got to do with this? It is quite simple. If all other weights in the economic basket is experiencing inflation rates well above 20%, then the highest weight i.e. "food items" has been slapped with ... read full comment
What has school of thought got to do with this? It is quite simple. If all other weights in the economic basket is experiencing inflation rates well above 20%, then the highest weight i.e. "food items" has been slapped with 5%. IF you are a doctor as you claim, will your guts not tell you there is something fishy going on at the GSS???? Once again inflation is tied to currency rates. Ghana Cedis has lost over 36% of its value in 2014. Real inflation is well over 36% too.
Mushroom Bawumiaka 11 years ago
at BOG? The issue is either Bawumia didn't understand the statistical method used during his tenure at BOG or he simply lost as a theorist. Bawumia was told to understand the GSS method but each time this reminder was raised ... read full comment
at BOG? The issue is either Bawumia didn't understand the statistical method used during his tenure at BOG or he simply lost as a theorist. Bawumia was told to understand the GSS method but each time this reminder was raised he would say has Ph.d and doctorate so they should leave him alone. Now he is facing the reality and coming out with more theories that are off from practical sense. There are certain persons like Amegashie and Bawumia who belong to the class room and not government.
J.B. Rockson Washington D.C. 11 years ago
Oh GH
Oh GH
J.B. Rockson Washington D.C. 11 years ago
Oh NDC
Oh NDC
Kwame - London 11 years ago
They are using the wrong items to calculate the inflating. Example they should use cement prices instead of rent because people pay rent in advance so it doesn't change that often.
They are using the wrong items to calculate the inflating. Example they should use cement prices instead of rent because people pay rent in advance so it doesn't change that often.
KWESI j 11 years ago
What! This is misrepresentation. I read Atsu's article and it was avalanche presentation. Selective amnesia?
What! This is misrepresentation. I read Atsu's article and it was avalanche presentation. Selective amnesia?
Whatever 11 years ago
Has Bawumia ever generated statistical data even for southern Ghana before? Any hollow nonsense at all then we have so-called economist popping to throw their weight. This speaks volume about the quality and kinds of economis ... read full comment
Has Bawumia ever generated statistical data even for southern Ghana before? Any hollow nonsense at all then we have so-called economist popping to throw their weight. This speaks volume about the quality and kinds of economist we have.
Benjamin Okrah . 11 years ago
NDC is really a threat to the economic needs of Ghana.Congrat Dr. Bawmiah.
NDC is really a threat to the economic needs of Ghana.Congrat Dr. Bawmiah.
Ghanaians must vote massively for NPP to rescue Ghana
of little use or no use!!!!
Whata joke. A Professor who prefers gut-feeling to statistical data for a knowledgeable analysis? This can only come from NPP Professors
AUTHOR: MR. FIGURE-OUT----------------
It is only in Ghana would such a dishonorably idiot be on the government pay roll. Professor Mill should be solely blamed for imposing those criminals on us. After Mills found Betty Mou ...
read full comment
Point out the problems and you will be branded with names and insults. Bawumiah is too strong to ignore, just borrow a thought, its for our own good.
Go and ask Mahama where is Ghana's money? He is the leader isn't it?
We now know all their tricks, they are like ISIS now.
We shouldn't display our ignorance in public. The Prof did say "gut feeling" but in what context? Can you give readers one positive thing you learned from the article?
I am sorry, but you seem so ignorant
How can he oppose someone he knows, these are all NPP Propaganda Professors working for their own political advantage Just Ignore them
Did you really understand what the Prof said?
what did the professor say?
I wish I could speak to you in person to explain what the Prof said since you lack the ability to understand what you read.
Propaganda will kill NDC. Mahama is incompetent yet they pretend he is competent.The latrine boy Mahama is killing us ooo. Let us vote him out!
not a serious economist
ONLY THE FOOLS WILL VOTE FOR NDC 2016
Bawumia's doesn't need any backing from any big man,the ordinary people understand and respect him better.Who in Ghana at the moment is not feeling the effect of the economy?
NDC can't even calculate simple inflation, or is it propaganda? They are either lying or stealing.
Until the electorate is given education on politics and governance voting will always be seen as choosing sides for the sake of being identified with some party.
People must be educated on the benefits of good governance a ...
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Three economists and three mathematicians were going for a trip by train. Before the journey, the mathematicians bought 3 tickets but economists only bought one. The mathematicians were glad their stupid colleagues were going ...
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Mischievous comment from a boy.
Were you forced to read that posting? Who is an idiot now?
HE IS FROM THE STATE OF IOWA
"IDIOT OUT WANDERING AROUND"
Ghana maybedown but NPP is NOT the alternative. We cannot improve by insults
THEY MAY CALL US STUPID"BUT WE ARE THE
S-SMART
T-TALENTED.
U-UNIQUE
P-PERSON.
I-IN
D-DEMAND
While I'll agree with you that the NPP is NOT the answer, neither is the NDC.
The NDC has abundantly demonstrated without any doubts that they are the most corrupt, thieving, clueless and good for nothing party ever record ...
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hahahahahahaha
I find it extremely difficult to comprehend why NDC as party does not learn from those who are ahead from them. The leaders are reproach to their families.
Our professionals have this cruel habit of making us mere mortals nobodies. When the going gets tough, people hide behind professionalism and tell us: "Unless you are a professional like us, you would not understand how the f ...
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Truth and we need to sit up.
Economics DON backs Bawumiah...
This also means that the economics statistics presented to Ghanaians during the Kuffour regime was also questionable. There is no way that can be correct too, lets go back and scrutinize things you would find a can of worms.
Book long Man. This is not Adam Smith's class lectures. The figures the gov is providing is real. The gov will use book values, hence their rates are always low. The market rates always depend on the demand and supply of a p ...
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Where do we use book value to calculate inflation? This is not accounting and even under accounting market value is used to calculate inflation.
KP, the inflation figures are not real per se, they are randomly picked basket items and may not necessarily have good representation for the country at that moment of time. You mean 5 tubers of yam in Tamale or B/A will be s ...
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The difference in price of a tuber of Yam in Accra and B/A is not the issue here. What we are talking about is a price change in tuber of Yam let say in B/A from July 2013 to July 2014. Yes the inflation figure is just a guid ...
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AND ONLY IDIOTS AND THEIVES WILL CAST THEIR PRECIOUS VOTE FOR "KOFI DIAWUO ASHANTIFUO AKRONFUO" PARTY NPP.
Crusading Guide reminds me of a prosperity preacher selectively reinterpreting the bible to justify his ostentatious life style.
Anybody who read professor Amegashie's well balanced original article will know what am tryin ...
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what are you trying to point out?
Zoobie! please professor Amegashie in my estimation vindicated the modality and the methodology used by GSS. He only asked benignly if the 5% food inflationary figure was realistic and suggested in good fate certain things wh ...
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Sorry but some of these so-called "experts" and Profs jump into arguements when they themselves don't have evidence or facts or proves on hand! Like Bawumia who has no facts and just speculates, these profs also follow suit j ...
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National Patapaa! Please I will urge you to go read the original text of professor Amegashie's article. His article vindicated GSS based on the figures provided. If anything he complemented the GSS but gave suggestions to bet ...
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As an econmist I check Ghana's stats every six months.I have to tell Ghanaians that Bawumia is on point.
He has been bribed to talk birds of the same feathers flock together. There is nothing challenging for this professor hiding in a country whose economic activity is already laid without his sweat to rubbish what able bodied m ...
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This is rubbish. This Associate Professor is a classmate of Dr. Bawumia at Simon Fraser University in Canada where they did their PhD.
We need to keep him there so he does not come to Ghana to confuse our seasoned Economi ...
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Please guys go and read the original article which was posted on ghanaweb and not the picky partisan analysis of New Crusading Guide
Please, can you people read the article from Prof. Amegashie before commenting? Crusading Guide's publication is a total lie
To Kwaku Bakoo and his New Crusading Guide! if the analysis of Prof. Atsu Amegashie is based on his gut feelings,and not based on facts on the ground, and this gut feeling is implied to be a support of Dr.Bawumia's analysis, ...
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this so called amegashie is not serious. how can he doubt the same figures which npp accepts when it suits them. he is equally as ignorant and daft as bawumia. you can go to hell if you like it or not. we accept the figures.f ...
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I can bet all of you commenting here visit the market often, don't y'all go to the bank? Whose data does commercial banks exhibits in their various banking halls? Only a fool will say Dr. Bawumia or Mr. Mahama's data. Ther ...
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The GSS is not of itself. She has to sing the NDC tune or face the consequences.That is Ghana for you.
Give Prof. Atsu`s critical of Bawumiah`s denomination exercise this kind of prominence in 2007. In any event,where in Atsu`s article, has he accused the GSS, and also the BoG of fraud? Typical of Abdul Malik and his group, th ...
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congratulations Dr bawumia
Thks Prof. They are just not serious.
New Crusading Guide is playing mischief! Read my original article that appeared on Ghanawed on the 31st of August!
Thank God the "The real McCoy is finally hear to defend himself.
Thank you Prof!
Feature Article of Sunday, 31 August 2014
Columnist: Amegashie, J. Atsu
Dr. Bawumia, the GSS, and Inflation
Professor J. Atsu Amegashie, Professor of Economics at the University of Guelph, Canada
When FOOLS like the one mentioned above from outside who are just looking for future political appointments come down here and start ca ...
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There will an Akan adage which says:"wo sisi Ananse a wo sisi woho." To wit, you will be exposed if you attempt to out-wit the spider. So NDC can force GSS to cook economic figures for them; everyone knows what is wrong with ...
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New Crusading Guide's mischief should serve as a lesson to brothers and sisters on Ghanaweb to be circumspect and be equipped with all the facts before trying to insult or destroys people's hard earned reputation. We should k ...
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Thank you.
Therefore, the GSS’ computed rates of inflation for housing, water, electricity, gas and other fuels (62%) and transport (38.3%) are consistent with what Bawumia calls our “collective experience.” So why is the overall ...
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It is difficult to cook inflation figure because the effect is there for everyone to see. I don't know why this lady at GSS has allowed herself to be used by this government. I bought a bag of cement at Tema in Dec. 2013 for ...
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the truth is like the sun, you cant hide it! SIMPLE...
The NDC does not believe in data, so don't worry yourselves arguing with them using verifiable data. They will use propaganda and name calling to deceive their followers. Sad, indeed!
professor or DON without any credible research
You are as useless as your name sounds. you internet troll .
Simple economics will tell you that, currency rate = inflation rate.. Therefore, based on the cedi depreciation year to date, I predict Ghanas inflation to be 36%.
Also the fools insulting the professor, He is a professor ...
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Professor who base his economic arguements on his feelings and assumptions without authentic figures and and economic substance but political bias is dtrimential to the well-being of the nation.Professor should remember that ...
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What has school of thought got to do with this? It is quite simple. If all other weights in the economic basket is experiencing inflation rates well above 20%, then the highest weight i.e. "food items" has been slapped with ...
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at BOG? The issue is either Bawumia didn't understand the statistical method used during his tenure at BOG or he simply lost as a theorist. Bawumia was told to understand the GSS method but each time this reminder was raised ...
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Oh GH
Oh NDC
They are using the wrong items to calculate the inflating. Example they should use cement prices instead of rent because people pay rent in advance so it doesn't change that often.
What! This is misrepresentation. I read Atsu's article and it was avalanche presentation. Selective amnesia?
Has Bawumia ever generated statistical data even for southern Ghana before? Any hollow nonsense at all then we have so-called economist popping to throw their weight. This speaks volume about the quality and kinds of economis ...
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NDC is really a threat to the economic needs of Ghana.Congrat Dr. Bawmiah.