Flat Tax Did Worse Than Not Delivering Robust Growth

The trickle-down economics implemented by the Labour Party as from 2006 on the back of a string of lies -- triple external shocks --  did not, as expected, generate the average growth rates of 8%. In fact the growth trajectory over the past decade has been worse than the one Mauritius achieved with progressive taxation over the preceding 10 years. No wonder then that compared to the robust growth targets we've accumulated a GDP shortfall of around 925 billion rupees, 80% of which or 740 billion should have been generated by the private sector.

Welcome to the flat-tax trap. 

How Massimo Does It

The link on YouTube seemed to have stopped working. Here's one to the NYT.

Who Will Get The Nuclear Football?

According to the IEM Hillary currently has an 80% chance. That's 60% more than The Donald. But there was a similar gap like in the third week of August. Which was subsequently halved within thirty days. We have about a month to go. And Americans have preferred W over Al Gore before.

Thought Anderson Cooper did a good job yesterday. The final debate is in 10 days. At 5am.