DesiPundit

When the economy was liberalized in 1991 by Prime Minister P V Narasimha Rao, Dr. Manmohan Singh was the Finance Minister. In 2008, the same man is asking corporate sector to cut wages as an act of national sacrifice.

Nitin says that Dr. Singh is shamelessly masking his government’s failure with this moral posturing.

The national duty of every citizen is to make as much money as legally possible. Anyone who suggests otherwise cannot have the best interests of the Indian people at heart. Oh, he’s only referring to the top executives, you say? Well, first, depressing wages at the top will cascade down and result in lower earnings for everyone in the pyramid (just as increasing wages at the top will increase wages for everyone).

Neelakantan has a better suggestion for Dr. Singh

Maybe he can ask the politicians in his party to declare all those assets stashed away to come up with a voluntary disclosure of black money, benami assets, Swiss bank records etc? May I request a self imposed ceiling on bribes, kickbacks, favours and ostentatious lifestyle including star weddings as a means to drive down demand. Some of these measures can be directly used to alleviate poverty (it has alleviated poverty of many a politicians families 7 generation, I talk of the larger good.)