And now let's talk about 'saving
Yesterday, during the TG2 h. 13.00, I heard the prime minister criticized the journalists, guilty of having minimized the growth of GDP, because they did not consider the enormous public debt inherited from the left and failed to recognize the merit in having dealt with the international economic crisis better than any other Western country.
Berlusconi's words are easily refutable, but I have no interest and desire to do it, now also prevented like me is able to "navigate" and, through the Internet, everyone may be able to analyze all of the issued Financial in the last twenty years, and form their own idea about the merits and faults of various governments.
What I do today is to talk about petty economy, that which touches our pockets, and I want to do it in a perspective of mere comparison because I just can not understand how certain things, by the appearance simple and obvious, are always represented so convoluted and difficult to understand, or am I that I speak to simpleton surface or there is something wrong.
reducing the essential items that make up the revenue and expenditure of the state, we can say that the former are represented by production activities (at least in part) and of tax revenues (mostly) while the latter are reflected in the costs for the functioning of government, in social welfare and funding to local authorities (regions, provinces and municipalities). Setting aside the proprietary aspects, we could say that public debt seen at the end of each financial year is similar to the loss budget of any company that is private and is determined by the difference between expenditure and revenue of the year.
Considering that our state is not able to increase revenues for productive activities and reduce expenses for the functions of government, the debt can be reduced only by increasing taxation or reducing unemployment benefits and funding to local authorities. The reflection of public debt on the economy in general is determined by the fact that only by maintaining this within an acceptable limit, the government would not need to resort to increased taxation and, consequently, companies might spend more on production, while families would feed consumption. I do not know
you but I never heard any politician, belonging to any color, say on which of these rumors will work to improve things and, beyond redundant meaningless buzzwords, I always had the feeling that every single measure sought to protect or to benefit a single category rather than a balanced budget.
Tremonti said that with its latest Budget has reduced output and this is an undeniable fact because it has cut a lot of money but said that now will work on growth by focusing on three main areas: the liberalization of the arts and professions, the plan house, the enhancement in the south of broadband. The liberalization of
arts and the professions is also a dot of the left which they claim authorship of the saying that the right is just a facade because Alfano has already said that the procedures will be implemented with the agreement of professional bodies (if you put your mouth the organization that tends to protect itself liberalization that is), but what would be the best effects of growth? The indiscriminate increase of bars, shops, pharmacies, lawyers, accountants (I want to see who touches notaries), etc, etc, etc, will lead to an increased state tax revenue or a decrease in expenditures for unemployment benefits? I would not believe even if I may say Nostradamus. The plan
home in urban or financial, may affect the marketability of this best type of asset and an increase in employment of firms in the sector but it is known that the increase of this market has always been characterized by volatility other types of investment and easier access to bank credit, these items can not be found at this time. The public benefits that might result from this type of asset, they would, then, with the advent of fiscal federalism, for the exclusive prerogative of local governments and would not bring any advantage in the state budget.
The increase could give value to south of broadband I have finally completely unknown and are difficult to believe that they will understand even my former neighbors to whom I am sure many will be served up football first and second division.
But you know what I am even more demoralizing, the fact that nobody, not even on the opposite side, speak clearly, perhaps using the abacus in place of demo data, ... .... or am I do not understand!?. Francesco
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