President Joe Biden has given William Ruto's bottoms up economic model a big boost after saying that his government is going to build the economy from the bottom up and middle out, not from top down. Through his Facebook page, the United States of America President said, "We're going to build a fairer tax system and we're going to build this economy from the bottom up and the middle out, not top down."
Joe Biden was reacting on the big corporations that were against change. Joe was passing the message to the corporations that it is time for the working families to have their taxes cut by creating a viable environment for businesses and more income generating ventures to come on board. By doing so, the tax regime will widen and the overburdened tax payer will be relieved by cuts on their taxes.
William Ruto has been the main proponent of the bottom up and the Middle out economic model back here in Kenya and for a President of a huge economy like the United States of America to advocate for the same model, it gives William Ruto's ideology a big boost.
Do you think the bottom up, Middle Out Economic model should replace the top down model? Share your thoughts with us in comments section.
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