Thursday, May 01, 2008

Reduce salary fight inflation

I found a suggestion by Dr Manmohan Singh, that reducing salaries by corporates will help fight inflation and help long term growth, very amusing. He just reduced our taxes to give more money in our hands and took credit for it, now he wants to take the money back by some other means. Did this tax reduction cause inflation in the first place?

His government just approved the highest salary increase for all government employees, should he not roll that back, if not reduce salaries, to help fight inflation by the same logic?

But then whats the point of asking these questions, if politicians were driven by simple logic it wouldn't be called politics.

No comments: