A Prime Minister Modi will begin dismantling the costly and inefficient tangle of big government programs built up over decades of misrule, the same way President Ronald Reagan did
Few Americans are aware of the potentially earth-shaking events currently unfolding in India. The left-center Nehru-Gandhi dynasty, which has ruled India for all but eight of its 67 years of national existence, is about to be voted out of power in favor of the conservative opposition under the leadership of Narendra Modi. As Chief Minister of Gujarat, Modi turned his state into a pro-business economic miracle that accounts for 72 percent of India’s new jobs and has its lowest unemployment rate.
That’s the good news. The bad news is that we might be shooting ourselves in the foot.