This Lady Is Definitely Not For Turning

Even those bored with budgets had to admire FM’s refusal to use anti-business rhetoric

- Jaithirth Rao

Budgets are important for newspaper editors and TV anchors. For the rest of us, it has increasingly become a time for yawning in a bored mood. Important matters, like the repeal of the disastrous retrospective tax happen between budgets. Very important matters like the return of Air India to its rightful original owners finally happen after 20 years of anticipation. Again, not a budget firework item.

Oh my (un)fair republic

Nevertheless, dear reader, I was worried. The entire international woke thinktank chatterati are up in arms against inequality and inequity. They would of course prefer a stock market crash so that the hated rich are impoverished quickly. Failing that, they would love nothing more than a rapacious, incendiary tax that takes away wealth from the rich.

Never mind the fact that such aggressive tax policies have been tried in the past in our fair republic and have failed miserably. They have successfully impoverished everyone. But bad ideas tend to easily gain support.