Before you swallow this cost of living story from the Lord of Poverty consider this:-
1) The cost of living is purely a drought related issue. The current rate of inflation is 11% with food prices factored in and 3% without food prices.
2) Even the 11% inflation rate is nothing compared to 19% when Raila was co-President in 2011
3) Unlike in 2011 when the 19% inflation was caused by both drought and a loose monetary policy, this time round the monetary policy is sound and there is even restrained money supply due to credit squeeze. Commercial credit is growing at only 4%
4) The government has allowed anyone to import any food products. The duty on such imports has been suspended for 3 months
5 ) The current rains will see the food prices come down to reasonable levels by beginning of July. If Raila was more God fearing we could even have more rains hence faster recovery but unfortunately.....At least Uhuru prayed in Nyeri and it rained. May be Raila needs to follow suit in Homa Bay
Be guided accordingly
Via moses kuria
