“It’s the economy, stupid,” said US President Bill Clinton during his 1992 election, which now seems to be a bygone era. But there is no mantra today that is more telling of our life and times than this quotable quote, be it in India or the US.
In politics, it boils down to what is the value ascribed to one’s citizens and the cost to the economy. Maybe even more importantly, what does it do to your chances of getting re-elected?
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