{"id":35905,"date":"2026-03-26T06:30:10","date_gmt":"2026-03-26T06:30:10","guid":{"rendered":"https:\/\/www.europesays.com\/cz\/35905\/"},"modified":"2026-03-26T06:30:10","modified_gmt":"2026-03-26T06:30:10","slug":"komentar-babis-to-mysli-s-utracenim-vazne-uz-si-rika-o-penize-na-dalsi-rok","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/cz\/35905\/","title":{"rendered":"Koment\u00e1\u0159: Babi\u0161 to mysl\u00ed s\u00a0utr\u00e1cen\u00edm v\u00e1\u017en\u011b, u\u017e si \u0159\u00edk\u00e1 o\u00a0pen\u00edze na dal\u0161\u00ed rok"},"content":{"rendered":"<p class=\"e_bV\">O \u017e\u00e1dn\u00fd velk\u00fd obrat nejde, sp\u00ed\u0161 jen o\u00a0potvrzen\u00ed nastolen\u00e9ho trendu. Ale aspo\u0148 u\u017e l\u00e9pe v\u00edme, na \u010dem jsme. <\/p>\n<p class=\"e_bV\">P\u0159edseda vl\u00e1dy ve dvou rozhovorech po sob\u011b tento t\u00fdden ozn\u00e1mil, \u017ee p\u0159\u00ed\u0161t\u00ed rok po\u010d\u00edt\u00e1 s\u00a0v\u011bt\u0161\u00edm schodkem st\u00e1tn\u00edho rozpo\u010dtu ne\u017e letos. Pr\u00fd kv\u016fli dal\u0161\u00edm investic\u00edm.<\/p>\n<p class=\"e_bV\">Ekonomy to lek\u00e1, ale politicky jde o\u00a0vychytral\u00fd postup. S\u00a0v\u011bt\u0161\u00edm bal\u00edkem financ\u00ed se sn\u00e1z vl\u00e1dne. I\u00a0kdy\u017e jde o\u00a0pen\u00edze na dluh, proto\u017ee dluh v\u00a0\u010cesku nikoho moc nep\u00e1l\u00ed a\u00a0p\u0159i tro\u0161e \u0161t\u011bst\u00ed je\u0161t\u011b p\u00e1r let\u00a0p\u00e1lit nebude. Dobr\u00e9 hospoda\u0159en\u00ed vypad\u00e1 jinak, ale koho to zaj\u00edm\u00e1, kdy\u017e m\u00edsto utahov\u00e1n\u00ed opask\u016f je najednou v\u00a0nab\u00eddce vidina \u010dty\u0159 let pohody? <\/p>\n<p class=\"e_bV\">\u201eJ\u00e1 \u010d\u00edslo nem\u00e1m. Bude to velk\u00e9 \u010d\u00edslo,\u201c prohl\u00e1sil Andrej Babi\u0161 ke schodku\u00a0rozpo\u010dtu 2027\u00a0v\u00a0po\u0159adu \u010cesk\u00e9 televize <a data-dot=\"atm-link\" target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.ceskatelevize.cz\/porady\/11030667317-tyden-v-politice\/226411058160011\/\" class=\"e_n\">T\u00fdden v\u00a0politice<\/a>. Na dotaz, zda schodek m\u016f\u017ee b\u00fdt p\u0159\u00ed\u0161t\u00ed rok vy\u0161\u0161\u00ed ne\u017e letos, \u0159ekl, \u017ee \u201evylou\u010dit se to ned\u00e1\u201c\u00a0\u2013\u00a0s\u00a0od\u016fvodn\u011bn\u00edm, \u017ee \u010desk\u00fd rozpo\u010det je na tom dob\u0159e a\u00a0\u017ee je t\u0159eba investovat \u201edo zdravotnictv\u00ed, do soci\u00e1lu, do dopravn\u00ed infrastruktury, samoz\u0159ejm\u011b i\u00a0do obrany\u201c.<\/p>\n<p class=\"e_bV\">Pak <a data-dot=\"atm-link\" target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.blesk.cz\/clanek\/zpravy-politika\/835480\/babis-v-blesku-o-protestu-na-letne-i-trablich-s-turkem-a-proc-nepojede-za-trumpem.html\" class=\"e_n\">v\u00a0rozhovoru pro Blesk<\/a> Babi\u0161 k\u00a0v\u00fd\u0161i schodku mimo jin\u00e9 prohl\u00e1sil, \u017ee \u201euvid\u00edme, jak to v\u0161echno vyjde\u201c. Nicm\u00e9n\u011b zv\u00fd\u0161en\u00ed oproti leto\u0161n\u00edm\u00a0\u2013\u00a0u\u017e tak vysok\u00fdm\u00a0\u2013\u00a0310\u00a0miliard\u00e1m potvrdil. <\/p>\n<p class=\"e_bV\">\u201eSamoz\u0159ejm\u011b, proto\u017ee my vlastn\u011b za\u010d\u00edn\u00e1me,\u201c reagoval Babi\u0161 na dotaz, pro\u010d m\u00e1 b\u00fdt p\u0159\u00ed\u0161t\u00ed rok schodek vy\u0161\u0161\u00ed. \u201eP\u0159edstavte si, \u017ee m\u00e1te n\u011bjak\u00fd podnikatelsk\u00fd z\u00e1m\u011br a\u00a0jdete investovat. Tak nejd\u0159\u00edv investujete, vznikne v\u00e1m n\u011bjak\u00fd dluh. A\u00a0kdy\u017e ta investice za\u010dne fungovat, tak v\u00e1m za\u010dne p\u0159in\u00e1\u0161et pen\u00edze, kter\u00e9 m\u016f\u017eete vlastn\u011b pou\u017e\u00edt jako p\u0159\u00edjem do toho rozpo\u010dtu,\u201c dodal.<\/p>\n<p class=\"e_bV\">Na prvn\u00ed poslech to zn\u00ed nepr\u016fst\u0159eln\u011b jako slova st\u00e1tn\u00edka, kter\u00fd se velk\u00fdch \u00fakol\u016f neboj\u00ed. Kdo by byl proti investic\u00edm? Kdo by necht\u011bl, aby se politici pustili do pr\u00e1ce a\u00a0dali do pohybu v\u011bci, kter\u00e9 se v\u00a0budoucnu vr\u00e1t\u00ed? V\u017edy\u0165 i\u00a0firmy si berou \u00fav\u011bry, aby rostly. I\u00a0lid\u00e9 bydl\u00ed na hypot\u00e9ku.<\/p>\n<p class=\"e_bV\">Jen\u017ee pr\u00e1v\u011b tady je ten trik. Babi\u0161\u016fv slib lep\u0161\u00edch \u010das\u016f stoj\u00ed na p\u0159edpokladu, kter\u00fd se tv\u00e1\u0159\u00ed samoz\u0159ejm\u011b, ale ve skute\u010dnosti je t\u00e9m\u011b\u0159 nedosa\u017eiteln\u00fd. St\u00e1t jen m\u00e1lokdy dok\u00e1\u017ee spolehliv\u011b rozli\u0161it mezi v\u00fddajem, kter\u00fd se opravdu vr\u00e1t\u00ed, a\u00a0v\u00fddajem, kter\u00fd se jen jako investice tv\u00e1\u0159\u00ed.<\/p>\n<p class=\"e_bV\">Bylo by demagogick\u00e9 dluh a\u00a0priori zavrhnout. Ale jak se vyp\u016fj\u010den\u00e9 pen\u00edze utrat\u00ed? Opravdu p\u016fjde o\u00a0hypot\u00e9ku nebo\u00a0\u2013\u00a0v\u00a0analogii s\u00a0firmami\u00a0\u2013\u00a0o\u00a0\u00fav\u011br na novou v\u00fdrobn\u00ed linku? Nebo sp\u00ed\u0161 o\u00a0to, aby byl doma \u010di ve firm\u011b klid? <\/p>\n<p class=\"e_bV\">P\u016fj\u010dit si pod hrozbou napaden\u00ed na vlastn\u00ed obranu, jak to praktikuje ve velk\u00e9m u\u017e n\u011bkolik let Polsko nebo Pobalt\u00ed, je sebez\u00e1chovn\u00e9 opat\u0159en\u00ed. V\u00a0ide\u00e1ln\u00edm sv\u011bt\u011b neomyln\u00fdch l\u00eddr\u016f s\u00a0dob\u0159e zorganizovan\u00fdm apar\u00e1tem by mohl fungovat i\u00a0koncept n\u00e1vratn\u00fdch p\u016fj\u010dek. Vl\u00e1dn\u00ed projekty pozvednou ekonomick\u00fd v\u00fdkon, p\u0159inesou vy\u0161\u0161\u00ed da\u0148ov\u00e9 p\u0159\u00edjmy a\u00a0dluh si na sebe vyd\u011bl\u00e1.<\/p>\n<p class=\"e_bV\">Jen\u017ee realita ve\u0159ejn\u00fdch financ\u00ed vypad\u00e1 jinak.<\/p>\n<p class=\"e_bV\">Zaprv\u00e9, st\u00e1t t\u00e9m\u011b\u0159 nikdy neinvestuje s\u00a0takovou p\u0159esnost\u00ed jako firma. Nem\u00e1 jeden projekt, ale stovky politick\u00fdch rozhodnut\u00ed, u\u00a0nich\u017e se ekonomick\u00e1 n\u00e1vratnost m\u00edch\u00e1 se soci\u00e1ln\u00edmi a\u00a0volebn\u00edmi ohledy. A\u00a0ty maj\u00ed tendenci p\u0159eva\u017eovat. D\u0159\u00edv se vl\u00e1d\u00e1m do rozpo\u010dtu ve\u0161lo oboj\u00ed, investice i\u00a0b\u011b\u017en\u00e9 v\u00fddaje, te\u010f u\u017e se mus\u00ed investovat na dluh.<\/p>\n<p class=\"e_bV\">Zadruh\u00e9, velk\u00e1 \u010d\u00e1st v\u00fddaj\u016f, kv\u016fli kter\u00fdm st\u00e1tn\u00ed dluh roste, \u017e\u00e1dnou p\u0159\u00edmou n\u00e1vratnost nem\u00e1. Vy\u0161\u0161\u00ed d\u016fchody, platy, soci\u00e1ln\u00ed transfery nebo \u010d\u00e1st v\u00fddaj\u016f ve zdravotnictv\u00ed nejsou investice, ale spot\u0159eba. Pot\u0159ebn\u00e1, \u010dasto spr\u00e1vn\u00e1\u00a0\u2013 ale nevratn\u00e1.<\/p>\n<p class=\"e_bV\">Zat\u0159et\u00ed, a\u00a0to je vedle obecn\u00fdch limit\u016f jedna nov\u00e1 nep\u0159\u00edjemnost, n\u00e1roky na n\u00e1vratnost rostou, proto\u017ee roste cena pen\u011bz. P\u0159i \u00faroc\u00edch kolem \u010dty\u0159 a\u017e p\u011bti procent nesta\u010d\u00ed, aby v\u00fddaje na dluh \u201en\u011bjak pomohly\u201c. Mus\u00ed generovat v\u00fdnos vy\u0161\u0161\u00ed ne\u017e cena dluhu. A\u00a0to systematicky, ne v\u00fdjime\u010dn\u011b. Jinak dluhov\u00e9 v\u00fddaje p\u0159edstavuj\u00ed jen p\u0159il\u00e9v\u00e1n\u00ed pen\u011bz do ekonomiky, tedy tlak na inflaci a\u00a0je\u0161t\u011b vy\u0161\u0161\u00ed \u00faroky. <\/p>\n<p class=\"e_bV\">Jin\u00fdmi slovy: nesta\u010d\u00ed, aby vl\u00e1da m\u011bla pravdu v\u00a0principu. Musela by m\u00edt pravdu ve stovk\u00e1ch konkr\u00e9tn\u00edch rozhodnut\u00ed najednou. A\u00a0to dlouhodob\u011b.<\/p>\n<p class=\"e_bV\">Babi\u0161ova pov\u011bst co do neomylnosti a\u00a0organizace moc dobr\u00e1 nen\u00ed. Svou vervou to ale p\u0159eb\u00edj\u00ed a\u00a0zkou\u0161\u00ed vyvolat iluzi, \u017ee tentokr\u00e1t to vyjde. \u017de tato vl\u00e1da je chyt\u0159ej\u0161\u00ed a\u00a0pracovit\u011bj\u0161\u00ed, a\u00a0tak dok\u00e1\u017ee vyp\u016fj\u010den\u00e9 pen\u00edze kone\u010dn\u011b vyu\u017e\u00edt po\u0159\u00e1dn\u011b. L\u00e9pe ne\u017e v\u0161echny p\u0159edchoz\u00ed. Zadlu\u017eov\u00e1n\u00ed d\u011bt\u00ed pr\u00fd nevad\u00ed, naopak v\u00a0Babi\u0161ov\u011b pojet\u00ed je \u017e\u00e1douc\u00ed, aby se d\u011bti m\u011bly l\u00e9pe.<\/p>\n<p>Souvislosti<a data-dot=\"mol-article-card-media\" aria-hidden=\"true\" tabindex=\"-1\" href=\"https:\/\/www.seznamzpravy.cz\/clanek\/ekonomika-byznys-trendy-analyzy-komentar-zadluzit-deti-nevadi-to-je-hlavni-vzkaz-havlickovy-strategie-299380\" class=\"e_n f_lY\" rel=\"nofollow noopener\" target=\"_blank\"><img fetchpriority=\"high\" height=\"758\"   width=\"1347\" src=\"https:\/\/www.europesays.com\/cz\/wp-content\/uploads\/2026\/02\/1772003648_525_karel-havlicek.jpeg\" loading=\"eager\" decoding=\"sync\" class=\"e_aa e_Z\"\/><\/a><\/p>\n<p class=\"e_bV\">To jsou p\u0159\u00edmo jeho slova\u00a0\u2013\u00a0a\u00a0\u00fapln\u00fd obrat my\u0161len\u00ed. P\u0159ed dluhy m\u011bla zdej\u0161\u00ed ve\u0159ejnost v\u017edy respekt, intuitivn\u011b se jim br\u00e1nila. I\u00a0proto je zdej\u0161\u00ed dluh zat\u00edm na evropsk\u00e9 pom\u011bry je\u0161t\u011b p\u0159ijateln\u00fd. Te\u010f m\u00e1me respekt zahodit a\u00a0sv\u011b\u0159it osv\u00edcen\u00e9 vl\u00e1d\u011b tolik pen\u011bz, o\u00a0kolik si \u0159ekne. Kdy\u017e n\u00e1m sv\u011bt p\u016fj\u010duje, tak pro\u010d existuj\u00edc\u00ed prostor nevyu\u017e\u00edt, zn\u00ed nov\u00e1 nab\u00eddka.<\/p>\n<p class=\"e_bV\">Koalici pomohla vyhr\u00e1t volby. Voli\u010di vl\u00e1dn\u00edch stran sv\u00fdm obl\u00edbenc\u016fm p\u0159irozen\u011b fand\u00ed, cht\u011bj\u00ed od nich vid\u011bt v\u00fdkon. Kdy\u017e se politici dluh\u016f neboj\u00ed, lze to \u010d\u00edst i\u00a0jako sympatick\u00e9 neuh\u00fdb\u00e1n\u00ed p\u0159ed odpov\u011bdnost\u00ed. Vl\u00e1da se nav\u00edc nemus\u00ed nikoho pt\u00e1t\u00a0\u2013\u00a0rozpo\u010det je podstatou vl\u00e1dnut\u00ed, schvaluje ho jen vl\u00e1dn\u00ed v\u011bt\u0161ina ve Sn\u011bmovn\u011b. Do Sen\u00e1tu nejde, prezident na jeho korigov\u00e1n\u00ed nem\u00e1 s\u00edlu, z\u00e1konn\u00e9 stropy na m\u00edru utr\u00e1cen\u00ed lze ignorovat nebo zru\u0161it.<\/p>\n<p class=\"e_bV\">\u010cesk\u00fd st\u00e1tn\u00ed dluh m\u00e1 letos\u00a0vystoupat ke \u010dty\u0159em bilion\u016fm korun. Od covidu se zdvojn\u00e1sobil. \u010c\u00e1st z\u00a0toho lze vysv\u011btlit inflac\u00ed a\u00a0ekonomick\u00fdm r\u016fstem, ale tempo je po\u0159\u00e1d vysok\u00e9. V\u00a0EU jsme sice <a data-dot=\"atm-link\" target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/ec.europa.eu\/eurostat\/web\/products-euro-indicators\/w\/2-22012026-ap\" class=\"e_n\">dev\u00e1t\u00ed nejlep\u0161\u00ed<\/a>, ale je\u0161t\u011b na konci roku 2019\u00a0jsme byli \u010dtvrt\u00ed.<\/p>\n<p class=\"e_bV\">Vl\u00e1da by m\u011bla prvn\u00ed v\u00fdkop k\u00a0rozpo\u010dtu na p\u0159\u00ed\u0161t\u00ed rok p\u0159edstavit do m\u011bs\u00edce. Kdy\u017e Babi\u0161 dot\u00e1hne to, o\u00a0\u010dem mluv\u00ed, p\u0159id\u00e1 p\u0159\u00ed\u0161t\u00ed rok k\u00a0dluhu dal\u0161\u00edch v\u00edc ne\u017e 310\u00a0miliard. Kdy\u017e se nebude krotit, m\u016f\u017ee se klidn\u011b dostat k\u00a0tempu miliarda dluhu denn\u011b.<\/p>\n<p class=\"e_bV\">D\u00e1 se to samoz\u0159ejm\u011b cel\u00e9 odk\u00fdvat a\u00a0sko\u010dit vl\u00e1d\u011b na to, \u017ee si nep\u016fj\u010dujeme na \u00fa\u010det budouc\u00edch generac\u00ed, ale pro jejich blaho. Pak ale prod\u00e1me du\u0161i. Do\u010dasn\u011b bude l\u00e9pe, n\u00e1klady p\u0159ijdou a\u017e pozd\u011bji. Anebo osv\u00edcen\u00fd Babi\u0161 zainvestuje vyp\u016fj\u010den\u00e9 pen\u00edze tak dob\u0159e, \u017ee se dluh vyplat\u00ed\u00a0\u2013 ale v\u00e1\u017en\u011b to chceme riskovat? <\/p>\n","protected":false},"excerpt":{"rendered":"O \u017e\u00e1dn\u00fd velk\u00fd obrat nejde, sp\u00ed\u0161 jen o\u00a0potvrzen\u00ed nastolen\u00e9ho trendu. Ale aspo\u0148 u\u017e l\u00e9pe v\u00edme, na \u010dem jsme.&hellip;\n","protected":false},"author":2,"featured_media":35906,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[43,42,41,40,991,3737,3502,562],"class_list":{"0":"post-35905","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cesko","8":"tag-ceska-republika","9":"tag-cesko","10":"tag-czech-republic","11":"tag-czechia","12":"tag-evropska-unie-eu","13":"tag-statni-dluh","14":"tag-statni-rozpocet","15":"tag-vlada-andreje-babise"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/116294072696179148","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/35905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/comments?post=35905"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/35905\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/35906"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=35905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=35905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=35905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}