You know that the economy is screwed big time: when people in power start taking credit even for cutting taxes.
Ok my bad. Politicians take credit for everything, no big deal.
But, when crores are wasted on: putting up hoardings, wasting crores, running ads-- just to advertise that taxes have been cut, you know things are bad.
Time, effort, money should be directed to better/more useful things than credit mongering.
We can keep on harping 5Tr Economy, 45Tr Economy and whatnot.
But at the same time: keep seeing job loss, the world kicking Indians out and absolute erosion of wealth from India.
You know why this is happening? Because we don't have an export led growth model.
Indian IT created massive wealth in the last 20 years. This was a labour arbitrage model, which generated the new 'middle class' in India.
The world truly needed Indian IT workers. The way need cheap Chinese exports. We were competitive when it came to labour model on IT.
This model is fast dying now. We need to figure out some other export led growth model
Exports is what brings real wealth.
1) Build export competitiveness like China across some industry.
2) Or build a tourism narrative like Dubai.
3) Built an efficient society like Singapore (which is honest, transparent and clean).
All this can be done.
But, it won't be done if you keep reservations, high taxes, brutal corruption and cronyism.
More importantly: people should start seeing political leaders as workers (not god figures). Their job is to deliver. They are not there to do photo ops or travel the world on public money.
Haven’t yet understood why people wish a specific person ‘Happy Birthday’ by uploading their pics publicly in their story and showing it to 200 people in their contacts.
Wasn’t wishing birthday a one-to-one thing?
What changed?
INEOS, listen to the fans. I’m begging you. We ALL want Ten Hag to stay and don’t want 2 years of progress to be diminished, for what? POCHETTINO? DE ZERBI? No, you can’t be serious. I will not be happy.
🚨Erik ten Hag turned down the opportunity to talk to Bayern Munich about their vacant manager's job because of his desire to stay at Manchester United. [@RobDawsonESPN]
If they dare mess this guy around that’s a DISGRACE.
🚨Erik ten Hag turned down the opportunity to talk to Bayern Munich about their vacant manager's job because of his desire to stay at Manchester United. [@RobDawsonESPN]
If they dare mess this guy around that’s a DISGRACE.