Good economics is bad politics- Group Discussion

Broadly speaking, it’s easier to make decisions when things are in our favor. We all live in a society surrounded by politics. Whether it is our country, work place or even person lives for that matter, politics can never leave us. Good economics don’t necessarily lead you to victory. There can be many other influencing factors.

For:

- The real test comes when the economic conditions are suffering from a crisis.

- A couple of times decisions are taken to improve the economy. But usually such decisions are driving forces of bad politics.

- Whether it is the hike in petrol price or whether it is a rise in gold price, it is bad politics even though it may improve the economy. The common man suffers the most.

- When there is less politics, less selfish decisions can be adapted.

Against:

- It is usually believed that good economics is good politics while bad economics is bad politics.

- In a democratic country and densely populated country like India, it is certain that you encounter situations when decision making becomes tough.

- Good economics is not just bad politics. At times, a country or a situation suffers due to circumstances beyond control.

Politics is not just about taking smart decisions. It is about taking decisions by considering the public. A lot of times when decisions are taken regardless of the economy, common man suffers. When there is scarcity of a commodity, the dependent commodities are made expensive. When some commodity becomes famous in the market, they become expensive because of demand.