Comments by "Rutvik" (@rutvikrs) on "'Good healthcare u0026 free education is not 'free ki revdi', says Delhi CM Arvind Kejriwal" video.

  1. 1. Creating artificial demand is a mechanism used by countries in middle income trap, not under developed countries like ours. 2. Encouraging consumerism using welfare is a bad idea that history has seen destroying several countries let alone states. Example: Venezuelas oil led welfarism that created poverty on a state level with fluctuation of oil prices. The society did not pick up the tab and create value as their basic needs were fulfilled. Indian example: the three lost decades between 1980-2010 for Tamil Nadu as they engaged in welfarism wars between DMK and AIADMK, Karnataka and AP developed faster and even overtook the state. 3. Delhi spending excess on Delhiites is not a problem, till you ask the question is Delhi isolated in existence? Should States UTs like Delhi consume every paise of tax and seek more from the center? Or should they be fiscally responsible to help other states?
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  2. AAP not only talks about progress but delivers them. They will be opening their third Mohalla clinic on the Moon tomorrow. 👌
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  3. Any "free" thing is a freebie. Be it education, water, electricity or healthcare. Someone is paying for it.
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  4.  @kaustubhshukla6462  4. I am specifically referring to the lost decades, particularly Karnataka increasing their per capita earnings beyond TN in 2017ish. TN has reduced their welfare burden in 2010s. AP and Karnataka were way behind TN in every metric till 1980's. Today the states are in the same range. The reason for this is TN engaged in welfarism while Karnataka and AP engaged in capex and into hyperspecialization. 5. if the Delhi govt is not seeking monetary support from the center, why are they running a deficit of 12k Crs(Source Sisodia's budget in March 2022)
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  5.  @writerkhan8111  he never worked in that post, he had a public life before his batch was assigned roles.
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  6.  @Atheist-Libertarian  there is only a rate of return if we keep the product of the effort. We are turning into a remittance economy like the Philippines and Sri Lanka which produces people for other countries.
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  7.  @kaustubhshukla6462  i happen to have a career in economics for a decade in both academia and consulting so I know what I am talking about here. 1. Please read my comment, i said India is an underdeveloped country not a developed one. 2. The new deal was a concerted response to the emerging technology that was made public after the war and to prevent the underproductivity of the war recruits. I suggest all budding economists read the role of Edward Rumley as a counterweight to the new deal. 3. I am sternly opposed to certain premises of development economics for this very reason in my professional capacity, (not the field itself). They have had the worst track record when it comes to linking the per capita spend and development in the third world.
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  8.  @kaustubhshukla6462  i see your comment. Will be replying there.
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