Wednesday, March 16, 2016

Vishnu Will Not Deliver A 'Second' Miracle

Because he is now Minister of Foreign Affairs. He was unable to deliver it in 15 months which by the way is exactly how long Pravind Jugnauth was FM in the third Bleu-Blanc-Rouge government. And just like Mr. Lutchmeenaraidoo the leader of the MSM had promised a second economic miracle. Vishnu's departure from the Ministry which made him a legend will be a personal setback for many people who voted for Lepep because they associated the first 'miracle' with him. And had wanted to witness the making of another. Live and direct.

But we don't have to worry because SAJ has taken over the portfolio and as everyone knows the 'miracle' happened on his watch. When he was thirty years younger. The snag is that he was PM for like two-thirds of a term between 2000 and 2005 during which more than 22,000 people in export-oriented industries lost their jobs in a four-year period. It's that famous period Cuttaree called economic urgency cum dramatic situation blah blah blah.

But it's true that SAJ didn't promise a miracle the last time he was PM. It's quite unfair to blame a guy for not delivering something he never promised. Besides he might not have been in the mood for one. In any case he's in the mood now and has about two years to turn that economic miracle switch on.

But don't hold your breath as it's not going to happen. And it will definitely not happen with Bhadain's redeemable preference shares. As matters stand it will be an uphill battle to clip a performance that's barely decent -- just have a look at the health of our national currency over the past five quarters. And that too will depend in a disproportionate fashion on the next budget.

So yes, there's a big probability that voters in 2019 will stick with their most frequent habit of the last twenty years: elect a different government every four-five years.

2 comments:

Sanjay Jagatsingh said...

Guess SAJ didn't find that switch 😂

akagugo said...

Quite a laborious explanation to salvage this government's tenure... with only 2.5 years left, what (and how fast) can the new PM do to steer Dodoland back on track?