Tuesday 30 October 2012

Please, tell me!

Why does Portugal need to wait another year for cutting €4.000 million to public expenses? They are one of the 2 main reasons for the Portuguese deficit (the other one is lack of global competitiveness). Why don't we start putting forth those measures immediately (I have been saying the same thing since 2010, so...)  instead of raising taxes so much and killing an economy? We should be decreasing the terrible weight of public sector  in the economy (around 46%), not the opposite (as will happen next year, through reduction of private consumption and close to 0 private investment).

If anyone has a decent answer, please, tell me!



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