I Want my House to be Better than Rashid’s

“12 MP’s submitted a request to hold a special parliament session on the 27th of November to discuss dropping personal loans of citizens.” Kuwaitna .

Now I’m not an economist to know how much this will affect Kuwait economy, but my limited knowledge, and own logic tells me that we have a disaster in store.
A friend of mine who got a Range Rover about few months back is awaiting this decree to pass with impatience. He got his car over monthly installment and he’s thinking to sell it later to place a down payment for a Porsche; MORE LOANS. And he had already chosen his future car.

Now I’m not implying that all Kuwaitis are in the same situation as my friend. But a very big percentage are, you can hardly find any household in Kuwait with an individual who has no loan; if not to pay for a car, it’s for other consumable goods that, in most cases, are gotten to lavish in luxuries of life more than to provide for an actual need. The well that is constantly open to solve each and every problem a citizen puts himself in, will only create more people like my friend.

Nevertheless; I’m sure there are others who are deeply indebted and do need help, but instead of solving the problems of those few individuals, the MP’s are creating a bigger problem. If there is a problem, it should be diagnosed first by the economy experts, then different alternative solutions should be provided to solve the problem, and this is the role of the MP’s. And the learned individuals and writers, especially economists, should provide analysis and reasons to raise public consciousness, yet, except for few here and there, the majority are keeping a deaf ear. Dropping the loans will never solve this problem and on top of that it will create another generation of irresponsible Kuwaitis.

Not to say that this generation is responsible though; the majority is for dropping the loans. In other words; easy way out. But where is the role of the MP’s to balance the needs of the public with that of state. This incident will clearly unmask many faces of those MP’s, and I have a feeling that this issue will take rounds in discussions and procedures and eventually would be approved by the government, but not without a price, so what will be the price this time?

Taking a wrong route will only keep us in our old circle, the very strategy of dealing with important state issues has to be changed, and the MP’s should realize that not all citizens are so narrow minded, any patriotic citizen will never accept this, our martyrs paid their lives for this land, it would be a shame for us to ruin it for few KD’s. And using the cliché of 3ain 3athari (Kuwait spent more on foreign aids to countries that do not deserve it than on it’s own land) is another matter that should be monitored separately and it should, by no mean, be connected to this issue. And what about the citizen who has no debts?

And btw; I have loans as well.