Under the lens
Macroeconomic numbers and US elections: Message for Modi government
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Synopsis
The US elections show the dangers if the standard of living of the bottom of the pyramid is not addressed.
There’s no end to the number of theories the results of the US presidential elections would spawn. But there’s a message to the ruling parties across the world – rosy macroeconomic numbers are not necessarily election winners. Immigration, taxes, tariffs - all dominated the US election campaign. But what’s turning out to be the single most dominant factor is nothing other than the hardship of living. Another way to express it? Inflation. A
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