First up, I am glad to notice ideological diversity in any household – it is the surest sign that one’s views are truly his or hers, not as a result of groupthink. Therefore, when I read this rather bizzare article by Rohini Nilekani – wife of Nandan Nilekani (whose awesome book in favor of economic [...]
http://www.bjp.org/images/pdf/election_manifesto_english.pdf
The awesome:
1. Put in place a low tax, low interest regime so that people have more money and their purchasing power increases, which in turn will serve as an impetus for the economy… Exempt income up to Rs 3 lakh from Income Tax. Women and senior citizens will receive an additional exemption benefit of Rs 50,000…Income of all [...]
Many people are miffed that the US Fed is increasing its balance sheet at a rapid pace (read: is priniting dollars out of thin air), and that this seigniorage is reducing the value of US Treasury bonds for everybody, and that this is especially “unfair” for foreign large holders like the Chinese and Japanese.
So we [...]
… now that the “Communists” in China have done the same?
Or will they continue to support their union bases, at the cost of taxpayer money that could have gone for the welfare of the genuinely poor?
The Congress manifesto steals one of Barack Obama’s ideas by promising that they will “design and launch a voluntary national youth corps which would enable young men and women in the age group of 18-23 to serve up to two years in constructive nation-building activities for which they will be suitably compensated”
This is an extremely misguided idea. [...]
