December 3, 2007

Government AIDS

Acorn: When all else fails, blame the system, on the attempt by the Indian Finance Minister, P. Chidambaram, to find a scapegoat for his administration's failure to implement its social engineering designs.

The socialist sector programs are congenitally doomed to fail. They are infected with the deadly HIV [Human Incentivo-deficiency Virus], transmitted by its well known carriers in the aging Congress Party and its allies. The virus causes in everyone along the chain of command in the government, AIDS [Acquired Incentivo-Deficiency Syndrome]. Government AIDS, in its milder form, causes lethargy and breeds do-nothings through a variety of afflictions, including nepotism, reservation, and sycophancy. In its more virulent form, it causes the cancer of corruption.

Either Mr. Chidambaram is being disingenuous in blaming the bureaucracy, or he has no clue about the advances made in the economics of incentives during the last 50 years.

2 comments :
  1. The linked article is not opening: it shows a 404 error.

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  2. Thanks, doc. I have corrected the link.

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