Bo Jonsson

The European Correspondent has an excellent article about what is planned within the EU and how the budget will be handled by national governments, the EU Parliament, political groups within the EU Parliament and political parties in all EU countries. I think we as voters have a duty to take an interest in the handling of substantive politics. It's amazing how political leaders don't have a clue about macroeconomics. They talk about a lack of resources when there is high unemployment and unused productive capacity due to the market shrinking when fiscal policy reduces purchasing power instead of increasing it and redistributing it to those who need it. Then the state's tax revenue also increases and the national debt decreases. Left-wing parties in Belgium and the government's own experts have shown it. But a right-wing-dominated government is terrified of even bending its knees and begging the wealthy to be so kind as to pay taxes. SEE MY PREVIOUS POST, only on FB, about the magnificent incompetence of politicians. This does not only apply in Sweden. The International Monetary Fund, IMF; has pointed out that a redistribution of taxes from Wages to Capital is necessary in both Belgium, Sweden and other countries, as the lack of financial policies constrain economic growth.. Governments allow themselves to be paralyzed by the size of the national debt in relation to the economy, when the real problem is too little government revenue due to low GDP growth. And in Sweden, the SD-led right-wing government has been criticized for reducing government revenue relative to the need for investment and misallocating wage earners' income to the disadvantage of those who would, through demand, increase the capacity utilization of existing capital. The job politicians should do is to boost the economy with investments and a redistribution of taxes from wages to capital, including capital transactions and sustain welfare, which is why we work to ameliorate conditions of life and living.