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Saturday, November 7, 2009

The Macro Pull And The Micro Care

The mega size downturn in economy has afflicted the world so badly, that enough is not enough.
India has made a beautiful curve.
It was not deeply immersed in the whirlpool, but was getting into the madness. The timely intervention by the government,and the fiscal policies of the Reserve Bank Of India had detainedthe country from being submerged by the financial Tsuanami.

Obama had initiated the bail out with $787 billion. But as analysts put it, U.S. needs 1.3 trillion to work out a feasible proposition.
This release of $787 Billion, has made the economy straighten up, but not look bright.
It is not sufficient to to infuse new employment. This aspect is the present eye sore of the Obama government.
The cautious approach has yielded fruitless results.
The first pull is the recent elections ,which have given a winning standard to the Republicans.
The democrat idealogies have not been put to concrete effect.
A plunge is required.
A dive headway,and a resurgence head through should be the motivational spirit.
Anything done half way, anything expressed half heartedly, anything worked with fear ,will not oblige a progressive endeavour.

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