Will the public be able to emerge from the "Great Depression"?

Can we get out of the "Great Depression"?

The city of Salinas in the state of California, United States, is famous for many reasons. It is believed to have been the home of indigenous tribes such as the Ohlon, Eslin, and Rumsen for thousands of years before European settlement. There are archaeological sites and cultural monuments in the surrounding areas, which are important parts of American history. The Salinas area is also known for its rich agriculture, and it celebrates the annual "Lettuce Festival" to highlight the significance of leafy greens. Despite these various aspects, my primary association with Salinas is John Steinbeck.

John Steinbeck, who received the Nobel Prize for Literature in 1962

John Steinbeck, who received the Nobel Prize for Literature in 1962, is closely connected to Salinas, much like Rasul Hamza Tov with Dagestan. Steinbeck wrote 19 novels, including "The Grapes of Wrath," which depicts the conditions of the Great Depression from 1929 to 1939. The novel portrays the economic collapse that plunged America into a major crisis, forcing Oklahoma farmers to leave their lands and migrate to California. The story revolves around Tom Joad, the central character, a displaced farmer who discovers that the Dust Bowl has devastated the agricultural opportunities in Salinas. With various banks taking over the abandoned land, his family prepares to move as well. The novel depicts the hardships and exploitation endured by Tom Joad and his family, reflecting the struggles faced by many during the Great Depression. These lines from the novel resonate: "How can you frighten a man whose hunger is not only in his own cramped stomach but in the wretched bellies of his children?"

Sadly, in the current state of our country, we find ourselves trapped in a similar era of economic distress. The pain of the Great Depression continues to afflict every worker, laborer, and the impoverished class. It seems as though we are drowning in a sea of suffering. The country's current economic situation shows no signs of improvement, and there are no prospects of a breakthrough. The budget presented, aligned with the International Monetary Fund (IMF) conditions, offers little hope. The Prime Minister warned that if the IMF installment cannot be secured, the people should prepare for further suffering. However, the reality is that the people are already engulfed in the concentration camp of inflation.

The budget presented, aligned with the International Monetary Fund (IMF) conditions, offers little hope

The proposed budget, as analyzed by economic experts, lacks a strategy to extricate the country from the economic quagmire. Former finance minister Miftah Ismail revealed that it is not a sustainable budget. The current economic crisis in our country has become a Holocaust of the new era, and the people are grappling with political, economic, and climatic crises. The budget should have presented a sustainable program to alleviate poverty and improve the national economy, but it fails to do so. If the sole purpose of the budget is to secure IMF funding, then Finance Minister Ishaq Dar has not been able to present a credible project to the IMF. The crisis we face necessitates a paradigm shift in reviving our debt-ridden economy, but the ministry seems devoid of such a strategy. Over the years, the current coalition government has failed miserably in implementing economic reforms and rescuing the people from the gas chamber of inflation.

Finance Minister Ishaq Dar has not been able to present a credible project to the IMF

The political landscape of our country has been embroiled in a civil war-like situation for a long time, but after May 9, a ceasefire seems to be in effect. Every political party is now seeking ways to benefit from the divisive actions of the Pakistan Tehreek-e-Insaf (PTI). 

Isthakam Pakistan Party (IPP)

The establishment does not see any party capable of forming a government with a majority, which is why the establishment has supported the formation of a new party called the Isthakam Pakistan Party (IPP) under