inflation is the UPA's gift, as it were. of course, the intent is to keep india poor, so inflation is a good start.
barefoot, pregnant and in the kitchen, so to speak -- that is the prescription.
via Seesmic Web |
only 50%? i would have thought 95% of NREGA funds vanished into people's pockets. hmmm... someone's being inefficient somewhere |
NREGA = national employment guarantee scheme for UPA party cadres. it is a brilliant success transferring taxpayer funds to party faithful via Seesmic Web |
NREGA is a complete waste of money, as it is all being siphoned off. and now UPA wants URBAN employment guarantee! ie more Rs. for cadres! via Seesmic Web |
not only daily wage earners, but fixed income people are struggling. UPA's answer: increase pensions, ie. release more inflation via Seesmic Web |
inflation at 10+% makes a mockery of saving, with 7% pre-tax return. so UP makes people take on debt. like US, this will boomerang via Seesmic Web |
oil price decontrol is not the key issue, it is utter economic mismanagement, gross corruption (eg. 2G spectrum), misallocation of funds. via Seesmic Web |
why india has raging inflation: one-word answer is UPA. we could've predicted this, and i did predict it on rediff. http://bit.ly/... |
not that i support bandhs, but ELM psec reasoning specious. food price inflation due to pay commission, NREGS giveaways (and poor rains) via Seesmic Web |
ELM crocodile tears about how bandh caused poor to go hungry today. But UPA's 100% food inflation policy makes them go hungry every day! |
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