Re: Top guns got Rs 54bn loans written off in 5 years
err ..doesn't that just explain the attitudes of Mush lovers?
This is quite like when you're trying to convince some people on the War in Iraq, and other such issues. Whatever figures,numbers, analyses, media reports or ground realities you describe, they either discredit it as fake or else continue withtheir illogical bantering.
The fact is that where the rich elite in Pakistani have benefited tremendously from Musharraf's policies, the poor have become poorer. With the food inflation in the neighborhood of 20% per year, it doesn't affect the rich class at all as food is nothing, but a minor part of their incomes. When you mention India's successes, which btw had the lowest inflation this year
(around 1.5%) in two decades, it also gets discredited through the same illogical bantering. Yes, Pakistan has seen some economic growth in Musharraf's era, but the fundamental question is, who has it benefitted? Concentrated wealth in some circles, in no way means progress.
this is not the iraq war we are discussing, LOL
well coming on to your issues, then the poor are better then before, inflation has gone up, prices have doubled, but thats all you look at, what about incomes? per capita has tripled, interest rates gone down.
thos people who use to live in mud houses have now got proper brick houses, those people who use to ride bicyles in villages have now moved on to motorcycles, cars are now seen in villages they never were before, infranstruchure has got better by 500%, roads now go to villages, you dnt have to drive on the mud paths,
now you say that mush policys have only benefited the rich, well i wouldnt call it rich, its called business orientated policys, for busineses to grow, expand, which obviously brings more employment, because of these policys we are getting more business startups then ever before,businesses in the country have doubled since mush took over. so far this year SME bank has lended $32 million just this year for business startups, thats new ventures, im sure mcb, habib and pther banks have lended loads is well, for the first time in pakistans history there is capital and financial suppport availble for businesses.
so please explain how they have got poorer? cause i dnt understand it, or is it just another fashionable excuse made by mush haters?