Wednesday, August 21, 2013
Paying unemployed graduates the worst policy idea of the year
- I award the worst policy idea to the expressed intention to pass a motion in the National Assembly to ensure that unemployed graduates below 35 years of age are granted a monthly stipend of Sh15, 000 until they find employment.
- Proponents of this preposterous idea are obviously unaware of what the unintended effects of this policy would be.
- Consider that the average annual income in Kenya is a much less than the Sh15, 000 monthly, its maintenance would need a very large number of wage workers for this idea to be possible.
By Kwame Owino