Re: Economy is worse under us, says Cable
mertle the public sector should be the size required to provide the essential municipal services and other services that are best provided by the state, such as health care and national level education, and no larger.
It's crazy suggesting that the private sector should pay higher taxes so that the public sector keeps people employed, or that welfare be higher purely to give its recipients more money to spend.
The more money that's left in people's pockets the more disposable income they have to spend as they see fit, the more of that they have the better off those producing things people want to buy will be, and they in turn create jobs.
There are of course a ton of issues at the moment, largely due to corporatism, but the public sector is massively oversized right now, it was swelled dramatically over the past decade and could do with a trim as there was quite literally not the infrastructure or resource to efficiently assimilate the influx of money and people.
|