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Capital Gains

Playing Safe

The Federal Budget proposal on June 3, 1989 was eminently predictable and in more ways than one THE NATION has lived upto the ipso facto “I told you so” statement, particularly in the rendering of the verdict, “Read her Lips, No new taxes?” published on May 30, 1989. Ms Benazir had limited choices, she had to steer a safe course in the given circumstances and to the extent of putting the wind out of the sails of her political opponents, she has certainly succeeded. In this country and in this situation this has been no mean achievement, particularly as she stood to be exposed to the cynosure of the world Press during her US visit this week, troops and police battling demonstrators would hardly be the fitting images on prime time US TV of any democracy, fledgling or otherwise.