Showing posts with label Trickle-down economics. Show all posts
Showing posts with label Trickle-down economics. Show all posts

Monday, August 31, 2026

Kifer Nuvo Loto PM Pe Fer Otan Polemik


Ler nun tieke nun gayn konfirmasion ki pri loto PM fek aste li reprezant un pli ti par GDP ki ban avan. 

Monday, July 6, 2026

Eski BRP Iniversel A 60 An Sutenab?

Wi. Kuma tiart la montre nu mem si nu kontinie gayn sa to krwasans fatra mwayin de 3.3% ki nun gayne ant 2006 ek 2024 lor prosin 10 an pwa BRP dan lekonomi (GDP) pu bese de 7.8% a 7%. Nun fer lipotez ki to linflasion prosin 10 an pu an mwayen seki li fin ete ant 2001 ek 2024. Aster si nu gayn 5.1% de krwasans mwayen be BRP pu reprezant selman 5.9% GDP. 4.5% si mwayen krwasans GDP la vin 8%.

Donk tre sutenab. Selman sa de dernie bidze inbesil kin prezante la pu kontinie diminie nu to krwasans parski li kontinie asfixie lekonomi parey kuma tu ban bidze depi 2006. Ramgoolam ankor ena letan pu amen ban sanzman ki bizin dan finance bill pu bidze 2026/27.

Tuesday, June 30, 2026

Anu Redemont En Argiman Bidon Ramgoolam


Depi en sertin letan li pe dir ki si pa ti repus laz ki kumans tus BRP a 65 an be BRP ti pu kut 100 milyar rupi an 2035. Mo ti tan sa promie fwa dan so diskur pu kongre 90em laniverser Ptr. Zordi mon truve ki ena usi sa palab la dan so steytmint le 17 Zin 2025 dan Parlman. E lin redir sa fek la. Se en argiman ki mo ti osi demoli dan Preokipasion Sitwayin, en liv ki ninport kisana kav dawnlod gratwitman

Be kuma tiart la montre si depans BRP pu pas de 55.3 milyar a 100 milyar dan 10 an se en ogmantasion de 80%. Me li bon kone ki dan le pase nun gayn ban ogmantasion lor 10 banane buku pli inportan ki sa. Par egzanp BRP ti ogmant par 540% ant 1987/88 ek 1997/98 e 170% ant 1997/98 ek 2007/08 ki inklir ban period kot Ramgoolam ti PM. E malgre sa ban ogmantasion buku pli inportan la zame BRP ti depas plis ki 2% GDP. Si li ti 7.8% GDP an Zin 2025 se akoz ti servi li kuma en zarm elektoral dan omwin 3 eleksion e sirtu akoz zame nu pan gayn krwasans mwayin de 8% ki Sithanen ti promet ek so flat tax 15%. Anfet de 2006 a 2025 mwayen krwasans ti selman 3.3% e sa fin fer an sort ki lekonomi apepre 2.5X pli tipti ki seki li ti bizin ete.

An pasan kifer u kwar zame Ramgoolam koz lor to krwasans mwayin depi 2006?

Sunday, June 7, 2026

Dawnlod Nu Liv Gratis Pu Konpran En Ta Zafer Mari Vit


Pu kumanse par palab ki pe fer depi 12 mwa lor kifer in kokin pansion vieyes. Apre, pu ki rezon system lasante piblik in krash. Nu osi met diyl Sagos dan perspektiv ki bizin. Ena osi en sapit lor reform elektoral. Antu 10 sapit pu met en ta linformasion dan lame sitwayin pu relev deba dan pei. En ta lekol kuyon pu ferme la. Nek gete u.

Meyer version (miltimedia) se lor u laparey Apple.

Friday, February 27, 2026

State of Economy Pan Fer Nu Vin Mwins Kuyon

Nu ti deza kone ki striktir taxasion insutenab ki ti kumanse ek flat tax 15% Sithanen an 2006 in kaziman rwin nu pei. Par kont SoE in rod fer kwar ki problem in leve selman dernie 10 an. Ki fos. E ban azisteman ki SoE in fer pu GDP ase insinifian (0.16% de diferans pu 2022) par rapor a katastrof kot Moris retruv li depi 20 an.

Kuma tiart la montre nu, pu 2022, GDP diferan par mwins ki 1 milyar rupi. 1 milyar rupi se buku larzan me lor 571.2 milyar pa sa kantite la. Me kestion ki bizin poze se komie GDP ti bizin ete an 2022 dapre prozeksion 8% krwasans Sithanen ler li ti met so flat tax. Ler nu fer en ti kalkil nu truve ki GDP ti bizin 1,254 milyar u 2.2X nivo dan SoE (en diferans Rs683.7 milyar). Pu 2023, GDP selon SoE ti plis ki 21 milyar rupi pli tipti ki sif ofisiel (3.26% de diferans) ki ase konsekan me konparativman a 1,442 milyar ki GDP (2.25X pli gro ki sif SoE u en mank a gayne de Rs800.7 milyar) ti bizin ete selon previzion Sithanen u mirak ekonomik mem sa 21 milyar la ase tipti.

Pu 2024, koreksion GDP SoE ankor pli eleve, Rs36.3 milyar (preske 5%), me lekar ek previzion GDP pu flat tax 15% ankor pli gran, Rs915.5 milyar u 2.31X sif SoE. Me sa SoE pan dir nu.

Friday, October 3, 2025

Kuma 20 An Unfair Share Contribution Fin Rwin Moris


Li sinp. Ler ti met flat tax 15% Sithanen an 2006 ti sipoze gayn krwasans 8% ar sa (ti gayn krwasans mwayin de 5.1% ant 1968 ek 2005) be kuma tiart la montre nu dernie 4 guvernman zame in resi ariv pre ek sa target la. Nun pas apepre de 5% pu promie guvernman, a 3.8% pu deziem, 3.6% pu trwaziem e 1.7% pu katriem. Sel lane nu fin gayn en krwasans 8% u plis se an 2022 lawsi se akoz lekonomi ti kontrakte par preske 15% an 2020 ek Kovid. Padayachy pran trwa dernie lane so manda e dir nu lekonomi ti an bum, ki en fason rigolo interpret ban sif. StatMu pe prevwar en krwasans 3.1% pu 2025 e sa pa ti pu diferan mem si pa tiena sanzman rezim.

Sa tiart la montre osi ki krwasans pandan 2em e 3em guvernman ti mwins ki lamwatie target donk pa kav blam Kovid pu sa. Overol ant 2006 ek 2024 krwasans mwayin fin selman 3.3% e sa explike kifer nu sosiete pe kontinie dezintegre a vites gran V. Byinsir ban nanti fin byin profite e la pe rod fer grand mazorite Morisyin pey pu sa katastrof la e zot pe fer sa par atak nu leta providans. Ban latak la pu kontinie e vin pli frekan parski en striktir taksasion tro ba e insutenab se en pwazon.

Tuesday, September 23, 2025

Anu Mizir Latak Zeneralize Lor Leta Providans

Pu fer sa nu kumans par estim komie GDP manke depi 2005 par rapor a target krwasans 8% ki Sithanen ti dir nu pu gayne ek so flat tax 15%. Ant 2006 ek 2024 fin mank 6,176 milyar rupi GDP (lamone 2024). Anu get depans guvernmantal pu ledikasion. Dan bidze 2025/26 sa depans la reprezant 3% GDP. Sa ve dir ant 2006 ek 2024 nun depans 185 milyar rupi an mwins (3% x 6,176 milyar). Eski 3% sifizan? Sesel depans 4.3%. Si nu ti depans kuma Sesel be nun depans 266 milyar rupi an mwins lor sa period 19 an la.

Pu lasante mank 154 milyar rupi e se akoz sa mem ki system la fin mari deteriore. Sesel depans 2X plis ki nu e si nu ti fer kuma zot be mank 309 milyar rupi de depans dan nu system lasante piblik lor period ki nu pe konsidere.

O total 1,235 milyar rupi anplis ti bizin rant dan lakes guvernman ziska lafin 2024 si reveni guvernman reprezant 20% GDP. Pu 2025/26 li reprezant 30%. Ek sa rasio la be 1,853 milyar rupi anplis ti bizin rant dan lakes la.

Nun usi azut ban kolon pu trwa lezot krwasans mwayin, 7%, 6% ek 5.1% (nu to krwasans mwayin ant 1968 ek 2005). Mem a 5.1% 487 milyar rupi anplis ti bizin rant dan lakes guvernman.

Byinsir ler li rant dan lakes la en parti ti kav met dan en Sovereign Wealth Fund (SWF). Si nu ti investi 50% ban kas ki ti bizin rant dan lakes leta (1,835 milyar) dan sa SWF la a 8% zordi li ti pu vo 1,116 milyar rupi. Ki ti en zafer ase normal pu en pei ek otan dimun malin kuma Moris.

Thursday, June 26, 2025

Morisyin Pe Araze Ek Sanzman Pansion Vieyes


Depi ki Ramgoolam in anonse dan so bidze ki pe repus laz elizibilite pansion vieyes (BRP) par 5 an a 65 an lepep Moris lor santie de ger. E avek rezon. Pe dir nu ki li insutenab parski li reprezant 7.8% GDP e sa sif la pu kontinie ogmante. Seki insutenab se flat tax 15% ki Sithanen ti servi pu frir nu lekonomi apartir 2006 ek benediksion Ramgoolam e ki tu guvernman kin vini apre in garde pli u mwin.

Get sa, Sithanen ti dir nu ki ti pu gayn 8% krwasans an mwayen ek so pwazon me anfet nu pan gayn mem lamwatie sa to la lor dernie 19 an – nun gayn zis 3.4% e sa fin koz en mank a gayne de Rs1,200 milyar rupi dan lakes guvernman a lafin 2024. Si nu ti gayn 8% BRP an 2024 ti pu vo zis 3.4% GDP. 5.7% si nu ti gayn krwasans mwayen ki nun gayne depi lindepandans ziska 2005. Dan tiart lao nu montre usi so pwa pu de lot to krwasans.

Seki pli komik ladan se telman flat tax 15% Sithanen fin andomaz nu lekonomi ek nu pei ki Ramgoolam in ogmant to ki ban gro saler peye selman pu trwa an. Apre trwa an ki arive, nu rekumans frir lekonomi e nu re koste ek stati diunk de Moody's?

Solision la li sinp, li gard "fair-share contribution" pu tultan, li elimin ban depans siperfli kuma ranz ankor sime (fin ranz 1,035km sime ant 2006 ek 2022 donk bizin met en poze ar sa) e li inplemant ban bon politik. De tut le fason pena sa ni dan manifest elektoral ni dan program guvernmantal e si li anvi fer sa li bizin swa organiz en referandum u disut parlman pu diman elekter permision.

Thursday, November 28, 2024

Ramgoolam Appoints Toxic Bean-Counter As BoM Governor

It came as a shock to people who had voted for the Alliance of Change as they haven't forgotten how Rama Sithanen had badly messed up their livelihoods during his last stint as Minister of Finance between 2005 and 2010 with an extreme version of trickle-down economics. It was so bad that he could not be given a ticket – a first for an outgoing FM – in GE2010 and didn't take the risk of running as an independent candidate. Of course before that the then PM had to give a second Presidential term to SAJ and help get PJ elected in the 2009 by-election to prove his goodwill before sealing an alliance with the MSM so as to avoid electoral mayhem. He was also not elected in GE2014 and GE2019 and that too in two different constituencies while for GE2024 the risk was too great for Ramgoolam to give him a chance to return to parliament.

The 70-year-old Sithanen has also made a number of disturbing statements. Here's one.

And here's some more.

Wednesday, September 29, 2021

Mauritius To Fully Reopen Borders At the Worst Possible Time

October 1 is not looking good. We’ve recently recorded some of the fastest growths in Covid cases in the world that has placed us on CDC’s list of very high infection risk. Deaths have also reached record levels and there is a very wide consensus that authorities are heavily underreporting them – less than half of the 160 covid deaths have been attributed to the virus including only 9% of the 11 people who died with the virus in the last three days. 

The ambient denial can be explained by the fact that the trickle-down economics pursued over the past fifteen years have delivered an economy that’s less than half the one expected. While the vaccination rate is above 60% it will not be enough to prevent the situation from worsening especially when we hear the reply of the President of the union of workers of the Ministry of Health when asked whether a patient is safe when she goes to hospital these days: “I’d rather not answer.”

Tuesday, February 23, 2021

Greatest Party of Mauritius Turns 85

It gave us so many things. Improvement in worker conditions early on. Followed by a decisive victory against proportional representation. Then the most magic of moments: independence. Along with an excellent constitution and electoral system. Newly-born Mauritius was a left-for-dead country even before the oil crises and terrible cyclones of the 1970s but brilliant policies enabled us to make significant progress providing rapid upward social mobility to the many. 

Since 2005 however it is in its darkest period, furiously betraying its DNA. It’s time for the Labour Party to reconnect to what works.

Wednesday, September 9, 2020

Pope’s Warning Turns One

Francis visited us exactly a year today and celebrated a wonderful mass in honour of Father Laval in Port-Louis. Later in the day he told a gathering of the civil society and the authorities to move away from the idolatrous economy we had been worshipping (understand by this speculative FDI, record inequality, national problems not solved, not enough regard for the environment and a degraded public health system because trickle down economics had made government run out of money).

Twelve months later, how much of this common sense has been heeded?

Thursday, September 3, 2020

The Only Thing Left For Ramgoolam to Do

He scrapped our progressive and sustainable taxation system in 2006 for an ultra-regressive flat tax which has almost bankrupted Mauritius and created massive inequality

He then tried to add a dose of proportional representation – worst thing for a Labourite to do – to our excellent FPTP system in 2014 which would have created chronic political instability and throw accountability away. Let’s not forget his wicked scheme of a semi-presidential system which would have added another big layer of problems at the top of the country. Just think of shop-till-drop AGF with more powers in 2018 or the tussle in 2012.  

Which makes him pretty much like one of the anti-independence PMSD people who also spewed out some very racist slogans like the one above (We don’t want Hindus!) in the run-up to the 1967 general election. While Mr. Ramgoolam hasn’t made any such statements yet he did tell a very derogatory story about Hindus (katora) during the 2019 general election which helped him lose the latter and his seat for the second straight time. So it would be a last natural and easy step for the 73-year-old plutocrat to end a disastrous political career.