A population, people that do not understand or care, where, when and how
a nation’s basic services are paid for, is a danger to itself. The public must
be made familiar with key measures and economic statistics. GDP
as it guides and predicts the nation’s growth and the people’s standard of
living. SIC as it measures sectors and industries expansion and diversification.
For it is these simple tools which builds and develops a nation. A nation a
population, a society a community a people’s basic and essential needs; #SYNERGIES #Security #Healthcare #Education #Infrastructure
#EconomicDrivers are guided by Politicians’
public policies, provided by public Employees and paid for by allocated funds
collected from Taxpayers.
The Politicians; whether holding executive power, in
opposition or not, make promises to people to get their support and get into
power to implement their own policies. Such Politicians, elected and rightfully
in charge of the nation’s Public Policies but NOT its money, promises must be
measured as to realistic delivery time and cost to benefit. The benefits are
normally sold as worthy and necessary but as to delivery over the period
between elections and where funding comes from must be questioned. The
Executive in power can move money, from one budgetary allocation into another, using
the Parliament, and the people, the electorate, must know and understand, nothing
can be done outside of Parliamentary approval.
The Civil Service, permanent establishment, led and
staffed by Public Officers, are the accounting officers, in charge of money
collected from and spent on behalf of the people. Money, moving through the
society, is simply a measurement tool issued, monitored and managed in some
cases by a monetary authority or central bank. But it has become clear, in this
modern world, that many people think “Money buys Power”, and the currency of
knowledge is worthless. With numerous fraud cases unresolved in the Judiciary,
pointing and speaking to the success of crime and an Auditor General
understaffed and underfunded allowing corruption to grow between Public Officers
and their (Politicians) line ministers. Such corruption and white collar crime is
the number one cause of SIC sectors and industries deterioration and a nation’s
GDP
decline.
The Taxpayers; corporate entities, employees, people
through revenue collections and borrowings which must be eventually repaid, are
the ones that fund the nation. The nation’s earnings, firstly from its revenue
(Royalties, Profit Sharing, Duties, Fees and Fines, Corporate and Employment
Taxes) is used to pay the nation expenditure, resulting in surpluses to fund
development or deficits to be paid by future generations. Professionally
trained and experienced Public Officers account for, control and project how
funds are received and spent. It is, however, the people, the population, which
utilize and depend upon the nation’s essential services, who must be made to
care, appreciate and understand what can negatively affect the nation’s basic services.
The people; who are engaged in and/or benefit from
crime, who stress and exploit the healthcare system, who are lost to and
abandon by the education system, who damage the nation’s infrastructure, who
are corrupt and just in it to line their pockets, destroys and decline the
nation’s economic growth and standard of living. These selfish persons prevent entrepreneurial
ideas and the resulting job creations used in Business
Models, Constantly Transformed, expanded and diversified. These
selfish persons damage existing competitive advantages and current lifestyles
used for Business
Models, Preservation and Growth, builds and develops. Hence, all in
leadership roles, supported by mainstream media, need to inform the population,
constituencies and the nation’s people; lessons about GDP
and SIC before civil unrest forms.
Rationale
T.A.J
& Associates Company Limited
uses this occasion to comment on topics that have been covered, both academically
and by the mainstream media, to add its opinion and point out investment
opportunity, not to invoke any social action.