Well begun is half done! :)

Today was that sorta perfect day, without much specials in it, just plain, simple, funfilled day, and like I said - well begun.

Had a fantastic workout session in the morning, all the endorphins released kept my spirits high throughout the day, and that is something I really really love!
Did my really colorful, pic-filled powerpoint presentation on "Precautionary Principle and Indian Judiciary" and I should say, Sir really appreciated it, though half the class didnt even bother raising their heads from their cozy afternoon sleep! Sriram and Sreejith were at their irritable best, but seriously, it didnt distract me one bit, and I am proud of it! Cheerio, my girlie!

Now, remember my walk to fame day before, I mean, for the convocation of seniors? Well, it was not a free ride afterall, and in recognition of my services, I am given to understand that, I will be paid Rs.500/- pretty soon! Not at all bad, huh? :)

By the by, read an excellent piece on economic recession by Justice Markandey Katju. Now, when I say "excellent" I have a different criterion, a totally different one. Language is a medium of communication, and I appreciate it the best when it communicates, in the most simple, yet elegant style. Now, what he says is that the current economic recession, which is worse than the 1929 Great Depression is because of diminished purchasing power of the people. All the other causes, like hollow mortgaging plans and all, that are being attributed to it are secondary and incidental ones. When a labour intensive economy tries to advance itself by becoming capital intensive, there will be lay offs and the retrenched being out of jobs, will have low purchasing power. The higher produce caused by the capital intensive economy will be left to languish in godowns, as there would be lesser people to purchase it. Now this basic cause will trigger a lot of "chain reactions", collectively projecting itself as a major economic crises. Now, he says it is the "multiplier theory" in economics. Being honest to myself, I didnt get that last bit, but "multiplier theory" is too fancy a word to be left out of my blog! :)

In the end, he suggests cutting down on tax as the only real time solution to increase the purchasing power of the people, as the only remedy that will ultimately set everything right. He believes that our current tax systems are too harsh on the lower strata. He agrees that tax is a major major source of revenue, but our public administration wastes a whole lot, and so the remedy lies in cutting down both tax and waste! Not too off the mark, but I believe, it is too high a hope! :)

Now, I gotta leave, finish the book I am currently reading: "Train to Pakistan" by Khushwant Singh!

Spreading cheer around, I remain, yours' ever... Susie Derkins, Calvin's one and only!