A Contribution Of The Unemployed

There has been enough political banter over the rising cost of, I don’t know, everything. The economy is another keyhole for the peeping toms of politics and inflation is the naked wife in the bed of your worst enemy.

Don’t get me wrong, I have absolute faith in the resolve of the administrators of the country. There is the reformist Manmohan Singh, Mr. Finance P Chidambaram and the likes of I-most-definitely-have-a-plan-to-get-everything-right Montek Singh Ahluwalia, who in my book, are the right technocrats for the right country.

Over the last few years, or even the last few months, we have had a bullish trend in the stock market, a booming service sector and the richest men in the world trying to suck other nations dry in the name of globalization. They have laid some tracks for a runaway train. But the question is where is it heading?

I do not see any aim in the growth that we are insipidly coming across. Why? There are still farmers despondent and stuck in a tunnel with no signs of a low watt bulb. The evils of democracy do not measure that there are only pockets of development. What for an instance would curb consumption? Consumption is like the plague which consumes your precious and hard earned money into the capitalistic grinding machine. In the pre-liberalisation era income was low, so were savings and so were investments. Although most of the savings did not supply the banking system, but were mostly found in the digestive systems of the cupboard drawers.

Then there was education. Most of the population, 10-15 years back, between ages 18-25, were keeping themselves literate as a form of investment. Not only this investment has blossomed but also the same age group today has found itself employed. It’s of course not their fault that they had an opportunity, but is the same money they earn is spent on further economic investments you suppose? No.

Would it be largely possible, a neurotic brain that links liquor with urination, Nike with Michael Jordan’s leaps, utilizes them in a sport that involves two minutes for a delivery only to find the batsman timidly defending it, that he thinks that the money that he earns leads to a summarized decisions in the private sector. Honestly, the monetary and fiscal policies are not going to change this, just as the fattest democracy in the world has displayed all its shortcomings but for a strange and vivid reason, it has worked. The economy is not going to be in shambles for the next decade and we can be all fat, greasy and obese and obtuse in the head like how the Americans are. We have our DLF Premier League and we shall never lose our politics.

Those are my two paise. Hope it doesn’t contribute to the increasing money supply.