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Understanding the decreasing trend from 2012 to 2016 under President John Mahama\u2019s oil economy from 8.8% in 2012, 7.6% in 2013, 6.9% in 2014 and 3.9% in 2015 proves Dr Bawumia right that the Mahama led government has managed the economy poorly in the light of massive resources and accumulated generational debts.<\/p>\n
Dr Bawumia was also right to point that the strong concrete of increasing economic growth under the NPP era aided Prof E.A Mills\u2019 economic performance of GDP growths.<\/p>\n
Ghanaians should therefore be extremely worried for the declining economic growths from 2012 till now in spite of the IMF rationalization programme.<\/p>\n
Dr Bawumia was right on showing that national income increased between 2001-2008 and people at the bottom of the income scale became better off and in the 2009-2016 period as income increased, people at the bottom of the income scale have become worse off.<\/p>\n
Providing evidence, Dr Bawumia\u2019s assessment on income inequality as measured by the change in minimum wage relative to the change in national income, increased to 1.8% during the 2001 to 2008 and has seen a major decrease since 2008, with the worst decline of negative 5% arising during President Mahama\u2019s term.<\/p>\n
I think that IMANI got it wrong because Dr. Bawumia did not forge the data but used it in the context of his analysis.<\/p>\n
Data can be evaluated in many contexts and as long as Bawumia did not forge the data proves IMANI\u2019s claim of \u201cunfair manipulation\u201d wrong.<\/p>\n
Dr Bawumia should be commended for adding a new paradigm of lectures in our Ghanaian election campaigns. This has the potential of changing the propaganda based election campaigns to issue based campaigns.<\/p>\n
–<\/p>\n
By: Dr Dacosta Aboagye<\/p>\n
The writer is the director of HIA and POLICY Consult \u2013United Kingdom<\/p>\n","protected":false},"excerpt":{"rendered":"
Running mate of the New Patriotic Party, Dr Mahamudu Bawumia sought to do a comparative trend analysis when he analysed Ghana\u2019s economy under the National Democratic Congress (NDC). His aim was to find out whether the state of Ghana\u2019s economy is built on a foundation of concrete or straw. His did not seek to find […]<\/p>\n","protected":false},"author":7,"featured_media":246876,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[374],"tags":[],"yoast_head":"\n