Enough Government Intervention

Friday, November 09, 2007
I'm going to make this brief. ENOUGH!

No not like ENOUGH a.k.a Khalas, the movement that can be added to the bunch of politically correct and useless organizations in Lebanon.

Simply... Enough government intervention in the economy.

I was watching the new today, and they were talking about fuel prices. Just to show how much the Lebanese people have no idea how to run the economy ( being obvious by the lack there-of) , the reporter asked if the government was going to subsidize the rise in fuel prices.

My first reaction was NO! and luckily it was a no, but the government in Lebanon subsidizes a lot of things, and it practically owns the power, water, and communication sectors. Enough intervention. The Indians , who the Lebanese regard as an "inferior race" figured that out, and they still can't.

You can't really blame the people though. Those who are not poor most probably have a degree as either an engineer, lawyer or doctor, so they don't know how the hell an economy works. Then again ,neither do our politicians.

That's a nice degree in Economics you got from Karkov Mr. MP :)
posted by Fadi at 12:29 AM | Permalink |

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