Wednesday, December 28, 2005

Curse of Populism

The UPA government may have gone by 2008. But not without doing infinite damage to the country.
Shankar Acharya, former Chief Economic Advisor and a professor at ICRIER explains this in his short but to the point article

There are still a few stable heads in Congress too. Wonder what Jairam Ramesh is still doing in Congress ? Anyways sooner or later he will move out, i am sure.

As for Manmohan Singh and Chidamabaram, i do not see them to be people of great authority. They are mere pygmies who flow along with the direction of their mentors (read Gandhi family). They may (or may not) possess skills as economists, but they lack the ability to force through with their ideas as they are totally dependent on one family for their survival in power.

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