Food security . . .
. . . and the “other”
The endless “war on terror”.
Protests continue on the streets in Egypt, as supporters of the Muslim Brotherhood and former President Morsi are clashing with the police and military. Government authorities threatened to forcibly clear two large protest camps in Cairo, while Senators McCain and Graham, on a visit to the country, urged restraint. But all of this continues to be just a prelude to the big issue: Egypt’s chronic economic problems. These will have a much greater effect on Egypt’s long-term stability than anything that happens on the streets this week.
The military appears to be aware of this. As the Financial Times reports, Egypt’s military-backed government is looking to introduce a “raft of short-term measures” in order to breathe life back into the country’s sinking economy.
Unfortunately, it seems that the future Aldous Huxley predicted in 1932, in Brave New World, is arriving early. Mockery, truculence, and minimalist living are best, then enjoy the decline. However, we do need a Revolving Door Tax (RDT), learn what Members of Congress pay in taxes, and prosecute politicians and staff and their “family and friends” who profit from insider trading. Oh, and pay “public servants” what they are worth.