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Thursday, February 07, 2013

MONEY-FESTOS WITH FREE LOANS PROMISE OUT OF POINT



Snippets

  • Presidential candidates promising free loans or money to jobless youth
  • Every town is abuzz with street-vendors so…
  • Most people doing small business consider themselves jobless
  • Industrialization is the way out..

A promise we keep on getting from the top candidates in the presidential race is that they will give grants and soft, interest-free loans to all jobless youths.  There is no doubt that this is a noble idea.  There is also no doubt that this is given in good faith.  The only question is whether it would be wise, whether that approach can really solve our unemployment and poverty problems.

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