Endless dance of economic misfortune
5 June 2022 By Abiodun Giwa
High prices of gasoline cause economic worries in the United States
. Migrating from the rural areas to the cities is the dream of everyone living in the villages. Many of our parents went through the experience of abandoning their homestead for the town. And for those of us who were born in ancient cities, we moved to major commercial centers to continue our livelihood. Leaving behind the lack of opportunities, like our parents did when they left the villages.
There are undoubtful opportunities for jobs and economic advancement in the cities, especially in commercial centers. But there is also a price to pay for the high cost of living. Rent is high in the cities, and so are the prices of food and other commodities. Leading to a major complaint by residents about difficulties in making ends meet.
When I lived in Lagos, Nigeria, there was a belief commonly touted to settle a case of economic difficulties. It is believed that Lagos money lives in Lagos because, as the place of our residency, it is where we spend a more significant percentage of our income. The same seems to apply as one moves from places like Lagos to a place like New York or London. Living in these world commercial centers drives people close to job opportunities, but the harrowing encounter with a high cost of living disallows residents from bumper savings from harvests.
Exorbitant rent is a significant stake in highbrow commercial centers. The nearer to train stations and shops, the higher the rent. Real estate professionals tout this to specify rents. These days, virtually all areas are near train stations and stores because all localities have their own shopping areas. Therefore, rents are high all over the cities. Many people complain of getting broke after paying their rent.
Meaning that New York or London money lives in those cities. Yet, migrants still struggle to give attention to needs in their home countries, just as our parents lived in ancient towns and gave attention to the conditions in the villages. Since the problematic economic situation seems to be part of humanity. Leading to an endless dance of financial misfortune.
A quick reminder of the scarcity and the unacceptable price of bread that caused the French revolution of 1789 to end the ancient regime in France. Bad economic situations cause insecurity. Any leader with his senses will do everything to avoid a paralyzing financial situation that exacerbates uneven economic opportunities. No leader worthy of the call will pursue an agenda against the life and happiness of the people.
Thomas Jefferson wrote that human life and happiness care is the first and only legitimate object of good government. Therefore, good government should help lift the burden of the annoying economic hiccup from working and living in cities and not add to it by pursuing inordinate ambition that is meaningless to the people.
It is useless living anywhere when one cannot make ends meet. Imagine the current gasoline prices in most cities of the world and the outcries of economic emasculation resulting from high costs of other essential goods. People are saying it is tough to survive in this circumstance.
There are undoubtful opportunities for jobs and economic advancement in the cities, especially in commercial centers. But there is also a price to pay for the high cost of living. Rent is high in the cities, and so are the prices of food and other commodities. Leading to a major complaint by residents about difficulties in making ends meet.
When I lived in Lagos, Nigeria, there was a belief commonly touted to settle a case of economic difficulties. It is believed that Lagos money lives in Lagos because, as the place of our residency, it is where we spend a more significant percentage of our income. The same seems to apply as one moves from places like Lagos to a place like New York or London. Living in these world commercial centers drives people close to job opportunities, but the harrowing encounter with a high cost of living disallows residents from bumper savings from harvests.
Exorbitant rent is a significant stake in highbrow commercial centers. The nearer to train stations and shops, the higher the rent. Real estate professionals tout this to specify rents. These days, virtually all areas are near train stations and stores because all localities have their own shopping areas. Therefore, rents are high all over the cities. Many people complain of getting broke after paying their rent.
Meaning that New York or London money lives in those cities. Yet, migrants still struggle to give attention to needs in their home countries, just as our parents lived in ancient towns and gave attention to the conditions in the villages. Since the problematic economic situation seems to be part of humanity. Leading to an endless dance of financial misfortune.
A quick reminder of the scarcity and the unacceptable price of bread that caused the French revolution of 1789 to end the ancient regime in France. Bad economic situations cause insecurity. Any leader with his senses will do everything to avoid a paralyzing financial situation that exacerbates uneven economic opportunities. No leader worthy of the call will pursue an agenda against the life and happiness of the people.
Thomas Jefferson wrote that human life and happiness care is the first and only legitimate object of good government. Therefore, good government should help lift the burden of the annoying economic hiccup from working and living in cities and not add to it by pursuing inordinate ambition that is meaningless to the people.
It is useless living anywhere when one cannot make ends meet. Imagine the current gasoline prices in most cities of the world and the outcries of economic emasculation resulting from high costs of other essential goods. People are saying it is tough to survive in this circumstance.
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