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This Government is not in Business

Read more about: Economy, Government, Health, Irish Election, Irish Politics, Policy

Interesting, almost everybody I’ve talked to knows that government is not a business. So why is the government hoarding it’s our money? We gave the government money to spend on maintenance and infrastructure build-out, to help people and make the future brighter and better. If they aren’t spending it, give it back, they obviously don’t need it.

They are being told by ‘economic’ genius, that they should hold on to the surplus so that there would be funds for any crisis in the future. However the only known constants in the world are death and taxes. The government will always have enough money. This government will always increase taxes when it needs it. It always allows energy, communications and transportation businesses to increase their rate at will, so we know that they will increase taxes should a crisis arise.

So why don’t we have a world class health system? Why do we have high speed trains that can’t go high speed due to poor railroad tracks? Why do we pay taxes and get nothing back, except back talk from this government?

This week we will see how bad the hoarding will be. Who are they saving our money for, us or their ‘friends?’

2 Responses to “This Government is not in Business”

  1. # Comment by Mark Dowling Dec 4th, 2006 16:12

    It used to be that you went for a balanced budget or maybe a small deficit and if the deficit ran over a bit you borrowed the rest. Now with Euro Stability Pact rules the EU starts coming the heavy if you are (a) a small country which can be bullied without serious repercussion and (b) looking to run a deficit which might hit 3%. The Commission has no hesitation about giving its thoughts to the media as it has on Ireland in the past. I suspect the mandarins at Finance are sensitive to this and now aim to run a surplus at all times, thus the usual 0-3% surplus becomes a 4-6% surplus to avoid the wrath of Brussels.

    The question then becomes what do you do with the surplus. Branedy says give it back but in the current climate that’s inflationary. SSIA etc. was a farce. Spending it on infrastructure is just handing it to the construction industry who know they are in a seller’s market.

    Paying down debt is a problem because the EU won’t let you borrow when you need to in the future.

    Creating trust funds might be an idea - this wheeze was done in Ontario for transport spending. It basically locks up money against the day when you need it so you don’t need to borrow it. The NTMA should be given the money to sock it away so when the construction sector cools the government can start spending again so that it keeps the sector bubbling along and European workers don’t start leaving for the next hot market. There could be the Transport 21 fund, the Health 21 fund, the Education 21 fund, etc. etc.

  2. # Comment by Grants Sep 25th, 2007 05:09

    Government grants are known to benefit the business house to translate the start up into a high profit solvent business house. The publications are innumerable however procuring Government grants is primarily limited to not for profit organizations which are known to provide services and benefits for the community at large.

    Government Grants are also available fro individuals but with a difference – they are available primarily for Science, Technology and research as an aid for advanced education and scarcely ever for other activities.

    There is evidently much more to Government Grant procuring rather than merely writing a letter – to further elaborate – there is more to procuring a Government Grant rather than just writing a letter and awaiting the Grant! The market could well be replete with a wide array of advertisements which assure procuring a Government Grant – all this and more – all it requires is contacting these agencies – the truth could scarcely be more diverse and a greater variance than this!

    Get more article about government grants on http://govgrantsguide.com

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