Today..the economy

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Yesterday was Labour day...and to mark the occasion US President Obama brought out the economy..he unveiled a grand plan to develop America's ailing infrastructure and modernise the transport system.
Personally I think it's all fine in speech but saying it and doing it are too different things.
For a country with unemployment inching towards double digits..something drastic has to be done though and maybe this might work..once congress approves it...

I wish that our politicians would take a leaf from his book and actually think of OUR economy. The rate our government is burrowing from foreign countries..we gonna be steeped in debt for till Thy kingdom come. It's appalling. I admit there are infrastructure developments going on..but at what cost?

The key word here is opportunity cost and hopefully if all this investment pays off then we will be on ground. But huge deficits and large debts have a way of creeping on you and blowing up. Otherwise we have got to ask ourselves now..what kind of a country are we leaving for our kids? One where they have to pay the price for our greed?

To be fair, our government stopped a war, and have brought some stability to this war torn nation. Tourist arrivals are up, the CSE is one of the best performing in Asia and we have investments coming in...

But corruption is rampant, justice is slack, and with the introduction of the proposed 18th amendment...though I cannot imagine why they want an 18th amendment to the constitution when they ignore the 17th...I wonder where we will be at.

It's a grim scene..and the optimist in me looks for little glimmers of sliver linings.
I wonder where they are.....

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