Economic cost of impeachment

So far, performance of the so-called political dispensation out of the February 18 elections has revealed that the leadership that was apparently voted in was either incapacitated to deliver or least bothered about prudent economic management. It appears that as far as the so-called political leadership is concerned, the economy and living conditions of the people far lesser than the presumably outgoing dictator used to do.

The rupee crumbling against the dollar in terms of devaluation of currency, inflation, rising beyond 33 per cent for the poor, surging unemployment, and major sectors of the economy missing the targets is presenting a scenario of nothing less than an economic crisis. On the other hand, the people at the helm of affairs, who are supposed to deliver by way of crisis management are perhaps pre-occupied with the uphill task of impeaching the President or getting his resignation by mounting pressure against him.