Daniel Alarcón's "Second Lives" (short story, non-genre, free): Portraits of some "typical" people from Mexico of 1980s
Story is from the point of view of a 10 year old boy - personalities in his family & neighborhood. Some of his concerns near the end sounded like those of adults - at least I didn't think like that at 10; but may be kids grow up at different rates in different places?
Notes.Thing that caught my attention & made me write this post was this quote near end: "The new President privatized everything, selling the state off piece by piece and dividing the profits among his friends." Something that has been recently happening in India.
A naive me of an earlier time believed selling public companies could only bring good:
- They would pay part of government's fund requirements - so we will have less debt & lower taxes.
- They would bring in responsible management, & should become tax payers instead of receivers of subsidies.
Question: Anyone knows why government deficit is stated as a percentage of national GDP rather than as a percentage of government's annual receipts? My naive guess would be: to mislead the public - 7% looks like a smaller number than 35% ! But I'm no economist. Anyone would care to clarify?
Fact sheet.First published: The New Yorker, 16 August 2010.
Download full text from publisher's site.