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urumipayattu t1_iwd4f2y wrote

Reply to comment by EepeesJ1 in India a step closer to getting its fifth-generation aircraft: What is this advanced fighter and why we need it? by Gari_305

A lot of people will enter middle class as India develops and manufactures more and more arms in its own factories.

Thanks for your concerns though. Logic although is missing in your argument.

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EepeesJ1 t1_iwdls10 wrote

One hill I'm willing to die on is that trickle down economics just straight up doesn't work. I don't think investing in weapons manufacturing programs is the way to fix the level of poverty India was thrown into after what the English did to them. You need a more direct approach. The money needs to go towards sanitation, feeding the hungry, education. There are people who live worse than wild animals down the street from mansions full expensive b.s. I think that's wrong and humans have an obligation to not let entire populations of people living in filth and garbage.

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urumipayattu t1_iwdssao wrote

Worse than wild animals 😂

Capital investments are need of the hour and I am glad the government is investing in it big time. This is in turn going to generate meaningful employment.

This is very different from the tax breaks, make rich people pay less tax "trickle down economics" approach that you're familiar in the west.

You should already know that the banking system in India is a generation ahead of the west. You should see how it is helping small businesses. If we were doing what you said we should be doing, we'd be nowhere.

Thanks for the advice, but no thanks.

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