A picture is worth 10,000 words #21: Another view of the gasoline subsidy

January 18, 2007

And obviously I had to go and steal this plot for my collection from Daniel’s blog. This shows the budget as a percentage of the amount of money the Government spends on the gasoline subsidy which largely benefits the well off who own cars (also generously subsidized at the official exchange rate by the Government). Note in particular that the total amount spent in healthcare is barely 23% of the subsidy. This is clearly the irrational revolution or the revolution without rationality.

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