America's Mirror Image...no, no, no, we're worst than that (and you can't blame George Bush)

The following headline from The Shirach Report

India Stopped Growing – Political Paralysis, Inefficient Services Impede Investments – The Indian Poor Will Stay Poor For Much Longer

By Paolo von Schirach
June 4, 2012
WASHINGTON – “Price rise, stalling economy dominate at Congress Working Committe meeting”. this is the headline in The Times of India, (June 5, 2012). So, the sputtering economy is front and center. Indeed, India’s shining moment came and went. “Incredible India” is just messy India. The momentum evaporated. The economic liberalization reforms promoted by the coalition led by the Congress Party under Prime Minister Mammohan Singh did not go far enough. Some have a called “an absolute disaster” the shift from 10% growth to a meagre 5% in the first quarter of 2012. ...Continue Reading

See the resemblance?*
By Paolo von Schirach Storm'n Norm'n
June 4, 2012
WASHINGTON – “Price rise, stalling economy dominate at Congress Working Committe meeting”. this is the headline in The Times of India, Any American Newspaper, (June 5, 2012). So, the sputtering economy is front and center. Indeed, India’s America's shining moment came and went. “Incredible India America” is just messy India America. The momentum evaporated. The economic liberalization reforms promoted by the coalition led by the Congress Democratic Party under Prime Minister Mammohan Singh Dictator Barack Obama did not go far enough went to far. Some have a called “an absolute disaster” the shift from 10% you don't want to know growth to a meagre 5% you don't want to know in the first quarter of 2012. ...Continue Reading here and here

*? No question about it... we're in bad shape!