President 2009 Hypothetical Election (2)
Tommy, the political journalist, wasn't iritated when I tell him that someone called him an idiot (I guess the guy is president SBY's inner circle). "The fact, so far, SBY missed almost all his targets. The economy grew far below 7% as he promised during the campaign. Investment is stagnant, more unemployment. He is apparently not an effective leader. So, his chance would be slim to win the second term," Tommy argued.
Well, the economy indeed grew for only 5.5% annually on average in the last two years. Foreign direct investment is staggering. "But the stock market improved impressively in the last two years. Jakarta composite index grew more than 100%," I asked.
"Well, it is a bubble era and that's particularly good for portfolio investors. But you can't create enough new jobs from that," Tommy said.
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Well, the economy indeed grew for only 5.5% annually on average in the last two years. Foreign direct investment is staggering. "But the stock market improved impressively in the last two years. Jakarta composite index grew more than 100%," I asked.
"Well, it is a bubble era and that's particularly good for portfolio investors. But you can't create enough new jobs from that," Tommy said.
Labels: Inner Circle, President SBY
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posted by yosef at 9:29 AM
2 Comments:
Who should be SBY's VP to be able to win ? Sutanto ?
Though SBY is not an effective leader, we don't have good candidates available. We merely try to elect the better of the devils and in this case SBY, at least, comes on top.
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