Sunday, May 22, 2011

Mr. Not Clean

There was a time when I had tremendous respect for Dr. Manmohan Singh, the Prime Minster of India. An economist in politics -- he was Mr. Clean -- a politician untainted by the scourge of politics, a whiff of fresh air who promised to bring in economic policies for the uplift of the nation.

Not any more. Dr. Singh has allowed his political allies to loot the exchequer, looking the other way while scam after scam makes the nation poorer. It seems that no price is too high if it allows his party to cling to power. While he may not personally have pocketed any money, as captain of the ship that plunders India, the responsibility for *each* scam lies with him. The buck stops with *him*.

As for economic policy, what kind of economics make the common man pay Rs 71 for a litre of petrol, the price of which is actually Rs 25, plus taxes?

Petrol is used to transport goods and services. Therefore making people pay more for petrol actually causes prices to spiral higher -- more inflation.

Lowering taxes, however, would mean less moolah for greedy politicos to line their pockets with, who might then not be as willing to prop up Dr. Singh's government. Therefore, it is obviously preferable to break the back of the common man, rather than to do the right thing by lowering taxes.

Dr. Manmohan Singh -- I now have zero respect for you and believe you have squandered away the right to don the mantle of Mr. Clean.

2 comments:

  1. i dont agree that manmohan singh can be held responsible for scams
    thats like saying ceo is to be held accountable for every irresponsible/unethical act performed by some manager/employee

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  2. Of course the CEO is ultimately responsible. The buck does stop there. Further, it is upto the CEO to begin cleanup once a scam is unearthed -- not something Singh has even attempted in his fear of losing power.

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