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{
    "id": 1089260,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1089260/?format=api",
    "text_counter": 160,
    "type": "speech",
    "speaker_name": "Sen. Murkomen",
    "speaker_title": "",
    "speaker": {
        "id": 440,
        "legal_name": "Onesimus Kipchumba Murkomen",
        "slug": "kipchumba-murkomen"
    },
    "content": "Since Sen. Wetangula is now in the inner layer of the onion ring, I suggest to him that they should take advantage of this one year that they have been in this general partnership with the Jubilee Administration to ensure that startup businesses are also assisted as they await this Bill. As soon as we finish 9th August, 2022 elections those of us who are selling the manifesto of the “hustler nation” promise the people of Kenya that we will move away from the trickle down theories of economics to a bottom-up approach. This is a new way of thinking where the Government will put more focus on assisting startups and small businesses and mama mbogas. I was being given a good story yesterday by the Deputy President (DP) about a lady who visited him. After meeting in a market place in Machakos, the DP confessed that he gave that lady Kshs10,000. The lady who sells mboga said her stock was only about Kshs2000. For that, she is able to make between Kshs300 to Kshs500 every day. After being given another Kshs10,000 by the DP, she was able to multiply her stock. Now she is able to sell up to Kshs700 to Kshs1000 per day. I did not have a greater discussion to know the profit she makes from what she sells every day. We can see what Kshs10,000 was able to do to that lady and what Ksh2000 would do to her in a startup. In the bottom-up approach of economics is to identify and assist mama mbogas, those selling motor spares at Grogan, those selling motor bike parts across this country and those who are trading in livestock. We want to assist them to ensure they add greater value to their business so that we incubate our businesses across the country from the bottom to go up. I am saying this because over the weekend, Sen. Sakaja was in the company of a person who was confusing bottom-up approach economics with bottoms-up which is usually called Ganbei in China. It is when people are having drinks and enjoying themselves they will say “bottoms up” which you empty the bottle in the wine glass. That is different from the bottom-up economics, which is an antithesis of the trickle-down economics of Sen. Wetangula, and others who have been in Government since 1990’s. We cannot do things the same way and expect different results. We are not saying that if today I was participating and working in the Government as a supporting cast, that tomorrow I cannot have my own ideas. President Mwai Kibaki worked with President Moi as a Vice-President for 10 years and thereafter as a Minister of Health before resigning in 1992 to run for presidency. From 1992 to 2002 when he became President of the Republic of Kenya nobody asked him why he did not implement his policies when he was Vice-President of President Moi. When he came to office, he was able to transform this country because he was now the driver at the seat. We are telling Kenyans that the opportunity will come next year for you to choose the “hustler” and “hustler” captain as the driver. We are going to change. This change is coming from the experience and understanding we have had for the last 10 years in the Jubilee Administration. We believe that trickle-down economy being sold by our"
}