It’s about time. Interest rates are picking up, our debt is going to keep on increasing unless we make structural choices.
It’s about time the politics and government start to reflect – not only about how to raise taxes, but also how to reduce operating expenses.
This is going to be a hard time for the government. It’s never easy to stop spending after you’ve been used to spending almost without limits due to the availability of (almost) free money.
Het invoeren van 22% als algemene belastingsvoet ipv. de huidge 21% zal het probleem wel oplossen. NOT !!!
PS: I’m gonna pretend I didn’t see that
The problem isn’t that they have increased their spending in times of crisis. I would argue that this is necessary in order to help the economy recover and maintain purchasing power. The problem is simply that they are failing at it and that even in good times they are spending like crazy for things that don’t seem to make the lives of people nor the economy any better, aka for the six governments.
I’m only commenting on the title of the article though because the article itself is behind a paywall, and I’m not an economist but merely an armchair politicologist.
i mean, if this country was run properly we would save a lot of costs too. There are too many layers of government, too many politicians and too many institutions that work next to eachother. For example, Unia, an organisation that operates perfectly fine is now getting a flemish version, since NVA & vld decided they did not want flander’s funds to go to it anymore. This decision is purely a power play, people in flanders get no additional services however the operating costs are way higher than if they just sticked to doing all operations in one single interfederal center. If you want numbers, Unia costs flanders 900k per year, this new flemish center will cost 5 million/year. I don’t even want to begin to think about how much expenses we could avoid if we all of these pointless regional institutions became federal. We act like we are a country but as long as our government is more concerned with splitting us up and competing against ourselves we’re never going to have a proper budget. they’re wasting too many resources on making political power plays instead of actually solving the problems they should solve.
Belgisch politiek is zakvullerij , altijd al geweest and zal zo altijd blijven
its not like we flood victems that neem help or anything
I’ve got a sollution scrap 75% of the ministers and goverment (federal and regionally) officials , by not creating new positions when they retire. Do 1 or maybe 2 goverments if you want the regions to be separated.
That will not only save on wages but on a whole bunch of bureaucracy. With less red tape you’ll attract more businesses and save money for the existing ones.
And because you have just saved and made a ton of money, lower taxes for everyone and invest in education. This will in turn make people and businesses spend more, plus a (even)better educated population will be good for the economie.
Thank me later.
Daze ki zwiegn
I am a little bit astonished by the amount of people who continue to defend inefficiënt deficit spending (I call them the Paul De Grauwe followers). We all know government spending is necessary. The efficiency however, is crucial (U can compare it with your gas installation: high rendement versus old – socialist – installation). In the years 2012-2013 Paul De Grauwe was cheering for the Di Rupo administration: by lack of budget cuts (let’s just call it lack of governing), the Belgian economy did it better than the Dutch one for a few quartiles. Cheer cheer: see how budget cutting/reforming is a disaster for your economy Netherlands, we as 🇧🇪 know this: quantitative easing (QE), deficit spending and big government is the way to go in times of low conjuncture. But after a few years, when the Dutch reforms came to get ‘onder stoom’, we as Belgians stopped laughing. They have more than 80 pct of 18-65 y old at work, in Wallo-Brux we have 67 and 62 percent. Their growth percentage of economy is bigger, pensions higher, etc. As we have the compound interest, each year of malgoverno (Vivaldi, Di Rupo, paars-groen) adds up to take away our prosperity. For people with a lot of time: here is the reform note of Rutte II administration: this reads like a real document, not the toddler documents that Magnette and his corrupt party members write.
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Paywall amattie
[deleted]
It’s about time. Interest rates are picking up, our debt is going to keep on increasing unless we make structural choices.
It’s about time the politics and government start to reflect – not only about how to raise taxes, but also how to reduce operating expenses.
This is going to be a hard time for the government. It’s never easy to stop spending after you’ve been used to spending almost without limits due to the availability of (almost) free money.
Het invoeren van 22% als algemene belastingsvoet ipv. de huidge 21% zal het probleem wel oplossen. NOT !!!
PS: I’m gonna pretend I didn’t see that
The problem isn’t that they have increased their spending in times of crisis. I would argue that this is necessary in order to help the economy recover and maintain purchasing power. The problem is simply that they are failing at it and that even in good times they are spending like crazy for things that don’t seem to make the lives of people nor the economy any better, aka for the six governments.
I’m only commenting on the title of the article though because the article itself is behind a paywall, and I’m not an economist but merely an armchair politicologist.
i mean, if this country was run properly we would save a lot of costs too. There are too many layers of government, too many politicians and too many institutions that work next to eachother. For example, Unia, an organisation that operates perfectly fine is now getting a flemish version, since NVA & vld decided they did not want flander’s funds to go to it anymore. This decision is purely a power play, people in flanders get no additional services however the operating costs are way higher than if they just sticked to doing all operations in one single interfederal center. If you want numbers, Unia costs flanders 900k per year, this new flemish center will cost 5 million/year. I don’t even want to begin to think about how much expenses we could avoid if we all of these pointless regional institutions became federal. We act like we are a country but as long as our government is more concerned with splitting us up and competing against ourselves we’re never going to have a proper budget. they’re wasting too many resources on making political power plays instead of actually solving the problems they should solve.
Belgisch politiek is zakvullerij , altijd al geweest and zal zo altijd blijven
its not like we flood victems that neem help or anything
I’ve got a sollution scrap 75% of the ministers and goverment (federal and regionally) officials , by not creating new positions when they retire. Do 1 or maybe 2 goverments if you want the regions to be separated.
That will not only save on wages but on a whole bunch of bureaucracy. With less red tape you’ll attract more businesses and save money for the existing ones.
And because you have just saved and made a ton of money, lower taxes for everyone and invest in education. This will in turn make people and businesses spend more, plus a (even)better educated population will be good for the economie.
Thank me later.
Daze ki zwiegn
I am a little bit astonished by the amount of people who continue to defend inefficiënt deficit spending (I call them the Paul De Grauwe followers). We all know government spending is necessary. The efficiency however, is crucial (U can compare it with your gas installation: high rendement versus old – socialist – installation). In the years 2012-2013 Paul De Grauwe was cheering for the Di Rupo administration: by lack of budget cuts (let’s just call it lack of governing), the Belgian economy did it better than the Dutch one for a few quartiles. Cheer cheer: see how budget cutting/reforming is a disaster for your economy Netherlands, we as 🇧🇪 know this: quantitative easing (QE), deficit spending and big government is the way to go in times of low conjuncture. But after a few years, when the Dutch reforms came to get ‘onder stoom’, we as Belgians stopped laughing. They have more than 80 pct of 18-65 y old at work, in Wallo-Brux we have 67 and 62 percent. Their growth percentage of economy is bigger, pensions higher, etc. As we have the compound interest, each year of malgoverno (Vivaldi, Di Rupo, paars-groen) adds up to take away our prosperity. For people with a lot of time: here is the reform note of Rutte II administration: this reads like a real document, not the toddler documents that Magnette and his corrupt party members write.
https://www.parlement.com/9291000/d/regeerakkoord2012.pdf