Budgetary Musings

Why do we need a budget? To decide if the money is coming or going, of course.

If there is a lot of money coming in, it's a good thing, and it's called a surplus budget. Problem is, this happens only in Utopia (in case you didn't know, this does not actually exist). In the real world, there's more money going out than coming in, and that's not a good thing, generally. Unless you are the U.S.A.

So if there is more money going out than coming in, what do you do?

You spend less, theoretically. Practically, have you ever seen anyone do this? No, it's not macho at all. So, what else can you do? If you are the government, you can increase taxes. If all goods are already taxed enough, you introduce a service tax. If you run out of ideas, you can combine everything and call it a Goods and Services Tax.

But seriously, to quickly get to a surplus, we only need to introduce a spitting tax, on anyone who spits in a public place. Then you can laugh all the way to the bank.. Banks will also smile (if not laugh) and probably recover from their NPAs, or whatever they call them these days (stressed assets is a euphemism often heard).

Inventing the Enemy by Umberto Eco

A good collection of essays by the guy who writes some good stuff. At least, some of the essays are good. Particularly, the title essay. He says everyone needs an enemy, and the U.S. was getting depressed (after the Cold War with the USSR ended) before Osama handed them a new one via nine-eleven. He says we tend to invent enemies if there no real ones, and usually attribute qualities to them that we abhor- like bad-smelling, thieving, good-for-nothing etc. or murdering, lazy, ugly, or worse. He actually quotes several authors who describe certain sets of people in these terms. Makes sense! All our regional/ethnic  jokes are based on this principle, anyway.

There are some idle thoughts in another one as to why Utopias are always on an island. And many other pieces on diverse themes like the excesses in Victor Hugo's novels. He says one excess may sound stupid in a novel, but a lot of excesses piled on make the novel or story interesting!

Well, for sheer range of the stuff he writes about- like living by proverbs (all your actions are according to proverbs, because they are the source of wisdom- it is worth a look. Some of them are a little boring, maybe due to the translation.