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> The Indian economy is a result of tons of hacks carefully evolved and put into place over decades. This is a key line for me. There will always be a point wh
by bakuninsbart 7y ago
> The Indian economy is a result of tons of hacks carefully evolved and put into place over decades.
This is a key line for me. There will always be a point where a country has to replace the hacks that developed over a decade or two with a more comprehensive system. - This reform should have been implemented much more carefully, but it generally was a step in the right direction (In contrast to demonetisation).
You can see this by looking at opposition parties: While they are all opposed to it in its current form, nobody is suggesting to go back to the old system. And some things certainly have improved as a result of the tax reform, too. - It is just that the government now seems unable to round out the rather substantial problems that have come to light.
- sifar 7y agoThe opposition being dumb/timid doesn't make you right. >> It is just that the government now seems unable to round out the rather substantial problems that have come to light. This is the key. In the hype/fervour these were ignored and those who were pointing it were ridiculed. To paraphrase Boromir, One doesn't simply tinker with the economy. Yes you may brute force/propagandize your way (again) out of this, but in the end, the people have to bear it. And they still support the very people who inflict this damage which I cannot fathom why. It cuts across economic/class hierarchy.
- geodel 7y ago> And they still support the very people who inflict this damage which I cannot fathom why. For 80% people life was always brutish and nasty in India. They are not going to have sympathy for rich asshole is not buying car due to GST or BS V1. In fact they would really support political class which made well-off people suffer.