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Even if the worst were to happen, it wouldn’t mean that all recent progress was illusory. India has raised its savings rate to 34%, and built up strong skills that are here to stay. But our sustainable long-term growth rate, in less-than-booming global conditions, may be only 7-8%
The last four years have been great, but let’s not get too carried away.
Swaminathan S. Anklesaria Aiyar is a research fellow at the Cato Institute and a columnist for the Times of India.
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
Was the President done in by the economy, or by the politics of the economy?