Monday, 22 September 2008

Does the FM think that we are idiots?

According to Finance Minister P.Chidambaram, "high growth rate boosts demand and due to less supply inflation was supposed to rise. Also, it's after a long time that the entire world is facing a food crisis. The economic condition in rest of the world is worse than India. Due to India's strong economy, the situation didn't go out of control.

The country burdened with a 12.5% inflation, falling growth rates, manufacturing sector sluggish, agriculture sector in disarray, high levels of taxation, rising interest rates, economy in a downturn, the government not having a clue as to what to do other than say every month that the inflation will come down next month - AND THE FINANCE MINISTER IS SAYING 'THINGS DID'NT GO OUT OF CONTROL I am speechless! What does he think? That we, the common people, are idiots?

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