Are we so stupid?

Our most revered Prime Minister has been very voluble lately in making excuses about raising the price of diesel by 14% which will naturally raise prices of all basic commodities. Already CPI is at 10.03% and food inflation is over 20%. " I promise you that I will do everything necessary to put our country back on the path of high and inclusive growth," he said. The country has every right to ask what the hell you were doing since 2004 when you took over a strong economy and have ruined it since then. The perfect time to adjust the price of fuel would have been in 2007 when the inflation rate was 5%, oil was $64.20 a barrel and the rupee was just 39.33 to the dollar. That would have been the perfect time to raise the price of diesel and lower the price of petrol by cutting taxes so that both would cost the same and there would be no adulteration of petrol with diesel. But that was the time when you were busy collecting tax money so that you could bribe the electorate in 2008 to win the general election in 2009. You raised the salaries of useless civil servants by 80%, recruited 700,000 teachers for government schools who do not attend classes, forgave all loans of farmers and started the MNREGA scheme wasting many trillions of taxpayer money. Today your government is bankrupt, inflation is out of control, oil is at $100 a barrel and the rupee is 54.47 to the dollar and you talk about doing everything necessary. " The time has come to take hard decisions," the Prime Minister added. Hard for whom? Certainly not for criminal politicians who have made tens of billions of rupees from the countless scams that you have willfully ignored, who travel on foreign junkets with sons in law and rush of to the US for treatment by white super-Brahmins while planning to promote lower caste people in government jobs. It is shocking that you claim that the crisis is nearly as bad as in 1991 when you are the architect of the present crisis and you want to use that as an excuse. You say that money does not grow on trees. Really? Why is the Congress in Gujarat promising to give land and money for building houses to poor people to get votes for the assembly elections? Whose money are they going to use? How dare they use taxpayer money as bribes to win an election? But there is nothing you can say, can you? Because you have done much worse in 2008 and are planning another fiscal crime even now. You have increased taxes on everything which has added to inflation and hampered growth. You badly need money because you are planning to pass a Food Security bill before elections in 2014 which will add another Rs 1 trillion to expenses. Suddenly we learn that there is a withholding tax of 20% on foreign borrowing which is being reduced to 5%. No wonder industrialists have been begging for a reduction in interest rates. Who in the world taxes a loan? In civilised nations companies get tax deductions on interest on loans. That is why their businesses prosper. You ask us to trust you. Do you really think that we are so stupid? Sadly most Indians are.