FRANKLIN CUDJOE’S POSITION ON THE INCREASE IN TRANSPORT FARES NOT BACKED BY THE REALITIES OF THE TIMES WE ARE IN
Franklin Cudjoe takes his populist gymnastics to a level that is not on the same wavelength with his claim to capitalism as a form of governance structure.
On more occasions than one can readily recall, Franklin Cudjoe has been an ardent advocate for regimes to not interfere in the forces of demand and supply.
In fact, it has always been his dream for the state to not ‘waste’ resources subsidizing fuel or any other commodity for that matter so that the country’s fiscal space does not bleed unnecessarily.
In a post the President of IMANI Africa has made on his Facebook timeline, he seems to suggest that the 15% increase in transport fares in COVID-19 period is not how to wish four more years for President Akufo-Addo.
“15% increase in transport fares in covid times is not how to wish yourself 4 more 4 Nana. Naaa. Daabi. Gbede..Y3tsri. Ba na wani. W) kpl3 ee”
Aside throwing his principled stance outside the window, Franklin also failed to analyze the situation from an expert’s standpoint.
Much as it gives no one any delight to see an increase in transportation fares, it is also important that all the forces which come up to determine these prices are analyzed holistically.
First of all, COVID-19 has already had adverse effects on our finances. Any attempt to subsidize these increases would throw the economy out of gear. Mind you, it is not only fuel prices which inform such decisions and, therefore, it would be difficult where to send the subsidies to.
Moreover, those in the transport sector have been at the mercy of reduced incomes as they have had to reduce the number of passengers for over three months though the amounts of money they use on fuel and the number of litres they consume have not changed.
From a 50% position, the Government has negotiated with these unions to accept the 15% increase. This is commendable, in my opinion.
It is either we allow the drivers to fill up their vehicles with passengers which would spike our infected cases of COVID-19 or we agree to pay a little to help them offset part of their losses. I disagree with Franklin Cudjoe on this.
His position on this might be political, but he failed to look at the other side of the coin, that is, that drivers also vote.