Economy Paradox – The World Over
1A. If interest rate goes up : “How can the poor afford a house or a car ?”
1B. If rate comes down :
“How will elders earn interest from the bank, in their twilight years ?”
2A. If foreigners invest in our country : “They are taking away our wealth as profits/dividends”
2B. If domestic Co. invests outside : “Our wealth shifts for the development of outsiders”
3A. If tax rates are increased : “The Govt is robbing people”.
3B. If tax rates are lowered : “The Govt is trying to help the rich”.
4A. If GDP grows : “The Govt is working primarily for the big corporates”.
4B. If GDP contracts : “There is no job creation”.
5A. If currency strengthens : “Our exports get impacted”.
5B. If currency weakens : “Our import bill has gone up”.
6A. If Food prices go up : “Masses are suffering”.
6B. If Food prices come down : “The farmers are suffering”.
7A. If stock market comes down : “The economy is in a mess”
7B. If stock market goes up : “Its not a true measure of economy; only corporates are being supported”.
8A. If Corporate tax rates are increased : “Govt is penalizing private enterprise”.
8B. If Corporate tax rates are cut : “the Govt is only trying to boost the profitability of corporates”.
Moral of the above contradictions :
Heads I win, Tails U lose