November 11, 2011
Three cheers for increased liberty in India-Pakistan
Truly heart warming news from India:
“We have wasted a lot of time in acrimonious debate in the past. The time has come to write a new chapter in relations,” Dr. Singh said
The decision to move towards a Preferential Trade Agreement with Pakistan under SAFTA that will lead to zero customs duty on all traded goods by 2016
He also said a liberalised visa regime to replace the current onerous system would be implemented soon. [Source]
Both India and Pakistan (and Bangladesh) are poised to take off into the stratosphere of prosperity IF ONLY THEIR CORRUPT LEADERS CAN INCREASE LIBERTY.
Despite MMS's deep-seated connivance in massive corruption, there's no doubt that he has learnt some basic economics over the years (he was a socialist for most of his life), and has tried to implement some reforms.
As I say, even these corrupt people are BETTER in many ways for India than the "holier-than-thou" types who stay out of politics.
There also now seems to be a race between BJP (e.g. Modi/ Nitesh) and Congress to liberate India's economy. Something good is going on in India.
Is India finally breaking free of Nehru? You bet.
Do we have good leaders ready yet to join a TRULY CLASSICAL LIBERAL political movement? Don't know. If you TRULY understand good governance, please join FTI.