Mumbai. India’s leading CEOs, market analysts, and other randomly rich persons have expressed shock and disbelief at the childish behavior of the middle class of India, which has been endlessly cribbing over the bold steps taken by the government like slashing subsidy on LPG and Diesel.
“What a bunch of dimwits!” said Vijay Mallya, sipping his freshly brewed beer to celebrate the decision to allow FDI in the aviation sector, “These idiots can’t think beyond their monthly budget! Do they even follow a word about Union Budget? The price rise was necessary to meet the budgetary targets.”
“Government is absolutely right! We shouldn’t help the middle class save any money,” he added after finishing three large cans of beer, “Look, I tried to help them by launching low-cost airlines and see what happened!”
Apart from industrialists, many experts and market watchers have argued that the middle class was over-reacting and not learning anything from the fellow super-rich or the hopelessly-poor citizens.
“The rich don’t have any problem, the poor are not protesting, then why is this middle class being so selfish about an increase of a few thousands rupees in their monthly budget?” wondered an expert.
Similar sentiments were echoed by well-dressed market analysts appearing on various business news channels, who lamented that lack of education among the middle class was responsible for such an attitude that failed to take a long-term view on any subject.
“In short run, their liquidity could be hit. There will be some correction in their income-consumption curve. I think they should look for substitute goods in accordance with their indifference curve and should be ready to absorb occasional shocks if one has to go for inferior goods to operate within the new constraints,” an expert offered a practical advice to the middle class worried about the theoretical 7th LPG cylinder.
“Sentiments! The markets run on sentiments. We need strong and confident sentiments to boost our economy,” a CEO driving his Diesel powered SUV argued.
“Stop cribbing biatches and cheer up!” he added, showing a thumbs-up sign.