Tag: fiscal deficit

How to explain the budget to an engineer

“What joke?” asked Rahul. “How many engineers does it take to change a light bulb?” “How many?” “None, actually. They simply come together and define darkness as the new industry standard.” “That was in bad light Pooja,” replied Rahul. “You know, I also read a very interesting joke on Forbes.com: How many economists does it take to change a light bulb?” “How many?” “None. Because darkness will cause the light bulb to change by itself. The free-market will sort itself out.” “On a serious note, I have a question for you,” said Rahul, who is an engineer, to Pooja, who ... Read more