Jaithirth ‘Jerry’ Rao is a retired entrepreneur who lives in Lonavala. He has published three books: ‘Notes from an Indian Conservative’, ‘The Indian Conservative’, and ‘Economist Gandhi’.
As a former colleague and (proud to say) friend of Jerry Rao, I am pleased to congratulate him on his cogent and courageous comments on the U.S. president. Recognition of the leftist conspiracy against Trump is something many, abroad and in the U.S. , would do well to recognize. One wonders what that conspiracy will have to say in the face of the future economic growth resulting from the just passed tax legislation.
At some stage, people have to make a choice if high growth rates (or development as in India’s case) rationalises / balances a Head of State’s other glaring drawbacks: of a sexual harasser, a bigot, a divisive figure, a paranoid man lacking in civility. If a country’s populace is alright with economic targets met at the expense of all these things, then Trump emerges a successful leader. If not, and if they demand something more basic – like decency and guarantees of life and property, then Mr Rao’s assessment that Trump isn’t a fool stands good.
Then Mr Rao’s assessment doesnt* hold good, I meant. It falls flat on the bum. Also, high growth for whom is a big question. Unless we are very sure of trickle down effects of growth in a highly capitalistic economy, wrong to presume benefits of high growth are indeed reasonably well spread. Also, global economies are picking up. Is this down to Trump or he’s gotten lucky. Germany n mid-Wars saw unprecedented growth, and technological advances that when seen neutrally were brilliant. So did Imperialist Japan. But, at what cost?
As a former colleague and (proud to say) friend of Jerry Rao, I am pleased to congratulate him on his cogent and courageous comments on the U.S. president. Recognition of the leftist conspiracy against Trump is something many, abroad and in the U.S. , would do well to recognize. One wonders what that conspiracy will have to say in the face of the future economic growth resulting from the just passed tax legislation.
We live and learn. This is the first favourable comment on the great man one has read since he was elected.
At some stage, people have to make a choice if high growth rates (or development as in India’s case) rationalises / balances a Head of State’s other glaring drawbacks: of a sexual harasser, a bigot, a divisive figure, a paranoid man lacking in civility. If a country’s populace is alright with economic targets met at the expense of all these things, then Trump emerges a successful leader. If not, and if they demand something more basic – like decency and guarantees of life and property, then Mr Rao’s assessment that Trump isn’t a fool stands good.
Then Mr Rao’s assessment doesnt* hold good, I meant. It falls flat on the bum. Also, high growth for whom is a big question. Unless we are very sure of trickle down effects of growth in a highly capitalistic economy, wrong to presume benefits of high growth are indeed reasonably well spread. Also, global economies are picking up. Is this down to Trump or he’s gotten lucky. Germany n mid-Wars saw unprecedented growth, and technological advances that when seen neutrally were brilliant. So did Imperialist Japan. But, at what cost?