Why It’s Foolish to Weaken shilling to Create Flower Jobs

I keep hearing that the only way we’re going to create jobs in Kenya
agricultural sector is to keep our Shilling weak.

Here’s the theory. As shilling falls relative to foreign currencies
like sterling pound, Euro, everything we export becomes less expensive
to foreign consumers.
So they buy more of our stuff, creating more jobs in Kenya-agricultural sector
. At the same time, everything they make costs us more. So we buy less
from them and more from each other. Again, more jobs here at home.
-That is why imported cars are more expensive than our tea

But using a weak shilling to create Kenyan jobs is foolish, for two reasons.
First, no other country wants to lose jobs because its currency
becomes too high relative to the Ksh.
So a weak shilling policy invites poverty period.
 Everyone loses.
Here’s the other problem. Even if we succeed, a weak shilling makes us
poorer. If we keep imports at around 46 percent of our economy, so a
dropping Shilling is exactly like an extra tax on 46 percent of what
we buy.

It’s no big accomplishment to create jobs by getting poorer.
You want to know how to cut unemployment by half tomorrow?
Get rid of the minimum wage , and make everyone who needs a job work
for a negotiated wages.
And my friend Mr Atwoli  Cotu secretary need to know this that a
two-tier wage contracts are newest lady gaga in labor relations.
Older workers stay at their previous wage; new hires get lower wages
and smaller benefits.
Even a wage freeze becomes a lower wage over time, as inflation eats into it.
Get it? The goal isn’t just more jobs. Answer-It’s more jobs that pay
enough to improve our living standards.
Using a weakening shilling to create more jobs doesn’t get us where we
want to be.