Why nothing will work?

The figures remain dire but the stock market is surging again and the rupee has jumped by more than 80 paise against the dollar. Meanwhile the Consumer Price Index is still at 9.3% and set to rise because of increase in the price of fuel. Growth is predicted to be around 5% but that is more of a hope than certainty. The much hyped foreign investment in retail has been zero. We had predicted as much and were unable to understand the predictions of hundreds of billions of dollars flooding into India as foreign retailers fought with each other to woo the growing middle class flush with cash. It was obvious why that would not happen. Land prices in cities are at ridiculous levels so the cost of setting up a hypermarket, preferred by the likes of Walmart and Tesco, would be prohibitive. Secondly, with some states stoutly against the idea connectivity would be impossible. You cannot set up standalone stores separated by hundreds of miles of broken roads. Thirdly, setting up infrastructure such as cold stores, which would help in preventing millions of tons of foods rotting out in the open as now, is impossible without guaranteed supply of affordable electricity. But most importantly it was because the Congress has killed the economy with its selfish socialist policies just to win the elections in 2009. Almost the entire economic growth between 2004 and 2009 was due to soaring prices of properties setting off a construction boom which sucked in labor from farming related activities. This generated vast amounts of unaccountable black money setting of inflation which was allowed to go unchecked to keep up the mirage of growth. Seems that the Congress is still stuck somewhere in the 1950s because it thinks that buying cars and air conditioners or travelling by air, instead of by fly ridden third class trains, is the sign of extreme luxury. That is the reason why they levied extortionate taxes on every kind of goods and service raising inflation, reducing consumer demand, reduced savings and falling growth. This is totally astonishing because the scoundrels are forever scooting off to western countries at taxpayer expense on fictitious official business. They never take holidays in Cuba or North Korea, perhaps the only remaining socialist workers paradise left in the world. When they visit the US, Europe, Japan or China do they not see the quality of roads, unlimited electricity, the obsessive focus on controlling inflation and the constant effort at improving the quality of the lives of their citizens? Perhaps, for them winning elections is everything because that guarantees their wealth while the country plummets. In a globalised world that will not work.