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How Spin Masters Made You Believe Indians Have Maximum Confidence In Their Government

Of course the culture of tax evasion has to end, but all economists, including the respected RBI governor Raghuram Rajan, were vehemently opposed to demonetization as a tool to enforce that. It had a great cost and it had very little effect. I will give you an example. The Modi government invalidated INR 15.6 trillion, and expected a full INR 5 trillion to remain invalid. Besides the benefit of attacking black money, it would've given the Modi government a windfall gain of INR 5 trillion which it could print and spend on its own without the danger of rise in inflation. However, a full 98% was deposited into the banks, which shot down any chance of catching the black market operators. The remaining 2% also consists of legitimate income that could not be deposited due to it being stored around the world.

Who lost? The poorest of the poor who survive on cash. As normal Indians cut down on cash consumption, the Rikshaw driver and the food cart seller suffered.

Btw, the Greece issue was the result of borrowing beyond the country's limit, and not tax evasion.

You had a long time to try out other remedies. Modi had his chance. He rolled the dice.

In Greece nobody pay taxes which is why they cannot repay their loans
 
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I could say the same about the past 25 years
real progress has lagged behind rise in stock market and asset values

No the growth in the past 25 years were the result of economic reforms. I think it stemmed from the opening up of the Indian economy to international trade and investments. Before that period, the Indian economy was severely restricted by the license raj. However, those reforms can only give so much growth.

Now India's needs to upgrade its infrastructure and implement even greater reforms. Modi is shirking his responsibilities on both fronts. Lately he has introduced the GST bill, but it has been so mangled that the benefits of the GST will never reach its full potential. On the other hand, Modi has totally surrendered on the land reform bill and kicked the can down the road to the states.
 
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No the growth in the past 25 years were the result of economic reforms. I think it stemmed from the opening up of the Indian economy to international trade and investments. Before that period, the Indian economy was severely restricted by the license raj. However, those reforms can only give so much growth.

Now India's needs to upgrade its infrastructure and implement even greater reforms. Modi is shirking his responsibilities on both fronts. Lately he has introduced the GST bill, but it has been so mangled that the benefits of the GST will never reach its full potential. On the other hand, Modi has totally surrendered on the land reform bill and kicked the can down the road to the states.

spare me the babble on economic reforms. Air India has $8 billion in debt.

The IT boom was driven by Indian software engineers, IT majors and multinationals
the previous governments were raking in all the $$$ and sleeping on infrastructure
 
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Succinctly put.

Only I believe that they knew that the INR 5 trillion was going to become white. That most of it already had become white even before the announcement.

Cheers, Doc

Actually there is no guarantee on that black money remaining white for long. As the tax reforms have lagged, the money will be processed and then tax evasion will go back to the previous level. The thing is that no strong arm tactic can solve this. Nothing can beat Human intelligence. It is like water which will find its way through the cracks. It can only be reduced through reforms.

spare me the babble on economic reforms. Air India has $8 billion in debt.

The IT boom was driven by Indian software engineers, IT majors and multinationals
the previous governments were raking in all the $$$ and sleeping on infrastructure

Babble? Something you don't understand becomes babble? The billions that India raked in through the IT boom was also due the economic policies of those governments. They provided the environment that allowed the IT firms to flourish. If they slept on infrastructure, what is it that Modi is doing different now? He is not only sleeping, but he is snoring on it as well.
 
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I have never been a BJP supporter



You are entitled to your opinions more like conspiracy theories. Why would Modi risk a meltdown by imposing demonetisation ?



Congress regime had 60 years to right the ship. They cannot complain they never had the time
if you are not then i sincerely take my words back.
i just happen to know a few things from news.thats where i listed them. not a pakistani.
i just want you amd every fellow citizen to have a full perspective and not feed on their social media propaganda.

i dont like how they are portraying rest of people who are not bhakt as anti national.

how they on social media portraying a war mongering attitude. but on border my soldiers are doing it all. it will be better if they cut the craap and let soldiers handle their job.
 
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too bad for u 73% Indians r bakath and u ppl r slaves to italino papu.

How did you arrive at that 73% figure?

Rahul is of 25% Kashmiri Pandit, 25% Zoroastrian Parsi, and 50% Italian stock.

He of course is 100% Indian by birth and his Passport and that is all that is really important.

Cheers, Doc
 
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The crux.

Cheers, Doc
good to hear a few common voices. if modi can come out of nowhere or arvind kejriwal can also come out of nowhere.
i am sure there is someone in making. we had enough of these people. we dont hate muslim or anybody for that matter. rather they are our identity.

we are not chor. we as people of india ran this country without anyhelp from any political party. successfully with our hardwork when they were always there to oppress us.

they lied promised development and jobs but gave us only cows and increased taxes.

we will be back. and i am sure the nation will again get the same or bettrr growth.
 
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good to hear a few common voices. if modi can come out of nowhere or arvind kejriwal can also come out of nowhere.
i am sure there is someone in making. we had enough of these people. we dont hate muslim or anybody for that matter. rather they are our identity.

we are not chor. we as people of india ran this country without anyhelp from any political party. successfully with our hardwork when they were always there to oppress us.

they lied promised development and jobs but gave us only cows and increased taxes.

we will be back. and i am sure the nation will again get the same or bettrr growth.

I am looking at it extremely cynically.

Dono taraf se balatakar to hona hi hai.

At least choose the team that has talent and does not go ape shit on gau mutra, morni aansoo, and white bioengineered babies, with cows horns in everyone's backside, and no friggin clue how to run a country or an economy.

Rahul is just a face. Tell me the UPA team will not be better than this Jaitely takla joker.

Cheers, Doc
 
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I am looking at it extremely cynically.

Dono taraf se balatakar to hona hi hai.

At least choose the team that has talent and does not go ape shit on gau mutra, morni aansoo, and white bioengineered babies, with cows horns in everyone's backside, and no friggin clue how to run a country or an economy.

Rahul is just a face. Tell me the UPA team will not be better than this Jaitely takla joker.

Cheers, Doc

biggest problem is not modi. its arun jetlee.

we dont give a hoot about what they want to do. but dont ruin our economy we the people have came out of nowhere. our earlier generations were poor we worked hard to make a few bucks and living.

they cheat in the name of taxes. where is demonitised money.?

congress has many good young leaders. just keep rahul away n see the change. his image is totally destroyed.
 
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biggest problem is not modi. its arun jetlee.

we dont give a hoot about what they want to do. but dont ruin our economy we the people have came out of nowhere. our earlier generations were poor we worked hard to make a few bucks and living.

they cheat in the name of taxes. where is demonitised money.?

congress has many good young leaders. just keep rahul away n see the change. his image is totally destroyed.

Continuing to be cynical ....

Sonia needs to retire completely from public life, citing health reasons (genuine).

Rahul needs to abdicate with a really well thought out tear jerker speech to the nation.

Priyanka needs to divorce that prick.

And after a suitable time, she needs to go after Modi hammer and tongs.

Cheers, Doc
 
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Congress has no good leaders because from the time of Indra Gandhi the only criteria to do well in the party was loyalty to the family. Anyone with personal ambitions or whose competence caught the public eye were booted out. The congress spin machines built an aura around the Gandhi family that Kim would have been envious of. They have no one left in the party with talent who actually wish to serve the country. For decades now the only people who have joined the congress were those who wish to improve their personal fortunes.

Witness what the congress spin did to narasimha rao - arguably one of the best PMs we have had. And how they built up Rajiv Gandhi, arguably one of the worst.

In that respect Modi is a breath of fresh air. You may not agree with his vision of India, you can take issue with his policies but you can see that he puts the country before amassing of personal wealth.
 
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Congress has no good leaders because from the time of Indra Gandhi the only criteria to do well in the party was loyalty to the family. Anyone with personal ambitions or whose competence caught the public eye were booted out. The congress spin machines built an aura around the Gandhi family that Kim would have been envious of. They have no one left in the party with talent who actually wish to serve the country. For decades now the only people who have joined the congress were those who wish to improve their personal fortunes.

Witness what the congress spin did to narasimha rao - arguably one of the best PMs we have had. And how they built up Rajiv Gandhi, arguably one of the worst.

In that respect Modi is a breath of fresh air. You may not agree with his vision of India, you can take issue with his policies but you can see that he puts the country before amassing of personal wealth.

LOL ... don't be silly and ruin a good rant :lol:

MOdi evil
Cow evil
hindu evil
jetlee evil
voters = bhakts
yada yada yada :lol:
 
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