| | | | | whereas our politicians are finding ways to cope |
| Inflation is the overall increase in cost of products | | | | with the same issues in AC and other luxuries. |
| and services. Increase in taxes and fees leads to | | | | Government is busy solving internal conflicts by |
| inflation. Inflation also generally causes due to | | | | supporting other party. And the question that |
| scarcity. When the cost of business increases, the | | | | arises here is who is thinking about the problems |
| prices of the products increases and this abrupt | | | | faced by common man. |
| increase, the income rate supposedly goes down. | | | | Finance ministry hopes that inflation will come |
| These things forces the employees to search | | | | down till years end, but the issue that rises here |
| better paying jobs or work relentlessly hoping | | | | is, Is government taking the “inflation” |
| their employer will give them a raise. Similar is the | | | | issue only on the political lines???? Inflation in |
| case, when the personal income tax, property | | | | America has been consistent apart from the year |
| tax, sales tax, auto registration fees increase then | | | | 1970, when an unexpected percentage rise was |
| either the employee has to live on less or ask the | | | | encountered. However, the American govt. |
| boss for a hike. | | | | managed to deal with the issue at once. |
| The ever increasing inflation has forced the | | | | The middle class requires a lot of financial planning |
| common man to borrow money from banks and | | | | as well as retirement planning that usually |
| other financial institutions. The consequences, of | | | | everyone forgets. Under all these circumstances, |
| course people have to stand with indefinite debts | | | | the survival of common man is becoming tougher |
| or either have to cut down on their lifestyle or | | | | and tougher. With so much to lose, nobody is |
| beg for hike in compliance with inflation to assist | | | | expected to gain, and a much serious thought is |
| them move at the forefront. | | | | expected by the govt. to meet the current |
| Although common man is fighting this | | | | obligations. |
| never-stopping price rise on Delhi’s streets, | | | | |