Friday, November 28, 2014

Robin Hood policies do not work.

According to IMD, a management institute in Switzerland, India has slipped from 29th in 2005 to 48th position in 2014 in the ability to develop, attract and retain talent. Women's participation in the labor force fell from 31.65% in 2005 to 25.30% 2014 as opposed to 46.16% in Switzerland and 37.03% in Malaysia. We are told that this is because women are choosing to study longer. Which means that men are earning so much that families can live comfortably on one income, but this is belied by the large numbers of children who are working as household servants or in hazardous industries, or begging on the streets. Maybe poor women are choosing to stay at home to have more children to avail of the various handouts started by the Congress, to buy votes. Apparently, a big reason for career women to drop out of work was to look after elderly parents, therefore we need to have a system of pensions and free healthcare for the elderly so that women are free to work. Subsidies in India are ' targeted ' at the poor which only encourages them to have more children, thus increasing the numbers of the poor. In Bangalore parents sold 3 of their daughters to two men who abused the girls. The girls managed to escape once but were sold again to the same two men by their parents. This unrestrained increase in the number of humans is resulting in shrinking habitats for wild animals so that India has the largest numbers of threatened species in the world. First we have to create talent and to do that we need quality education. An assessment of 300,000 students across 29 states has found that only 38% of women and 34% of men were employable, an average of 37%. This is apparently an improvement from last year when only 34% were employable. Three cheers all round? Students in parts of India consider cheating to be their birthright. Children of the rich are able to buy degrees from private colleges while children of politicians swank around with degrees from third-rate foreign universities, on taxpayer money. How can children compete when teachers do not teach? India has the highest number of public holidays in a year. Add 52 Sundays and 52 Saturdays and summer and winter vacations, meaning children are being taught around 5 months out of 12, every year. Our top students cannot wait to escape to foreign countries. That is because the quality of education is much higher in western universities, the quality of life is vastly superior and there is a safety net for everyone. Robbing from the middle class to pay the poor may win votes but results in greater poverty all round.

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