We should have nothing to do with socialists. Singh also created some job creating scheme. See WSJ report at http://online.wsj.com/article/SB10001424053111903591104576467562817474174.html on how this killed the labor market.
Why do we have apologists for radical socialists on FR?
Having lived all my life in India, I don’t know where you got your ‘facts’ from. If being honest about reality makes me an apologist for socialists, so be it.
At least I don’t hide my Indian roots unlike some other folks.
Are you talking about P. V. Narasimha Rao? If so then you should know that we wasn't a “Hindu nationalist”. He was India's Prime Minister and very much part of the Congress Party. And Manmohan Singh was his Finance Minister. So if Rao was a free market guy, Singh was the guy who implemented his policies. They were a team. And what do you mean by “they kicked him out” Who kicked him out? They lost the election in 1991.
“And thanks for admitting that Singh is a socialist.”
That's very kind of you but you don't need to thank me. You see, unlike you I actually know what I am talking about.
“You are wrong about Singh not running up a huge debt. In those countries, the standard of life is so bad that the per capita debt imposes a burden worse than the debt here.”
Wow! First you claim India has a “huge” debt....which is absolute nonsense. After you have been proved wrong, you come up with your own Voodoo economics that standard of living actually alters the math and makes a debt much worse. That's amazing.
Btw look who is lending money to IMF...
http://www.indianexpress.com/news/a-reversal-of-fortune-india-lends-to-imf/630443/
And look who is giving US$2 Billion to bailout Europe.
http://timesofindia.indiatimes.com/india/India-to-give-2bn-to-fund-bailouts-in-Europe/articleshow/9463341.cms
“Singh also created some job creating scheme.”
Singh kept Indian economy booming at 9-7% growth rates since 2004 rivaling China's growth rate, while US and European economies are literally going belly up. Since 1991 when Singh first became Finance Minister India had 20% unemployment, today it is down to single digit. I could care less about some half assed American nutcase media viewing Singh’s job creating schemes as “killing labor market”.
“Why do we have apologists for radical socialists on FR?”
I could ask the same question about plain simple idiots on FR.