Bottom-up economics, a business concept championed by Deputy President William Ruto in his bid to become Kenya's fifth President, has become the punchline of all jokes. Some were not so hilarious, such as being compared to a human's backside being elevated in an imprecise Swahili translation, according to Jubilee Party Secretary-General Raphael Tuju.
Deputy President William Ruto has once again defended his bottom-up economic approach, saying that the trickle down approach failed because it bred cartels. According to the DP, the approach championed by former PM Raila Odinga only created monopolies that benefited a few individuals. Through his social media handles @Williamsruto, he stated, 'It is the ECONOMY.Trickle down FAILED for aiding patronage & cronyism, breeding cartels & monopolies that benefits FEW.Bottom up is anchored on DELIBERATELY promoting INVESTMENTS & FINANCIAL INSTRUMENTS targeting the MILLIONS who are unemployed,hustler enterprises/farmer groups.'