Tuesday, March 2, 2010

Manmohan Nahi Manega

PM Manmohan Singh is not keen to roll back the petrolium price rise. Instead he is trying to explain the aam aadmi to be more generous to spend more so our nation can become a good investment hub, our economy can grow at rapid rate etc.. According to him... "Any increase in prices does hurt some people. We have to take a long-term view. We cannot save people from inflation if we follow populist fiscal policies all along. Sooner or later, these populist policies, if persisted with for a long time, will lead to erosion of the investment climate, our capacity to create new jobs, and of our ability to invest in our flagship programmes for the poor people. So, we have to balance these factors," Manmohan Singh

Mr. Prime minister if this is your view on price rise; it is so shocking to know that you have no sympathy for the common men. About your take on taking long-term view, I must say that since last 60 years every politician and so called economists are making fool the aam junta by using such words. Why don’t you people make a significant cut in your salary and other costs??

If you are a good economist than why dont u use your skill to control the inflation? instead controlling the inflation u are saying that the effect will be negligible. Mr singh u as a prime minister can use the word negligible, u don't and will never understand the impact of sky rocketing prices of essential commodities on common man's life.

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