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.
Mehmet Simsek: The war in Iran has made it difficult for me to manage macroeconomics.
Excellent meeting with President @oliguinguema at the #AfricaForward Summit. We discussed Gabon's priority reforms to bolster macroeconomic stability and growth, the global outlook, and impacts of the war in the Middle East. I assured him of the Fund's strong support for Gabon. https://t.co/LhkhUWhHx0 #AfricaForward #MacroeconomicStability #GlobalOutlook #GA #IL
El artículo analiza cómo el fin del orden económico global post-Segunda Guerra Mundial afecta a los mecanismos de ajuste macroeconómico y las políticas públicas, destacando la vulnerabilidad de las cadenas de suministro y el elevado endeudamiento público que limitan la capacidad de los Estados para responder a crisis, mientras subraya la acumulación de ahorro privado en España y la importancia de mantener una política fiscal que actúe como un amortiguador ante futuras tensiones económicas. #GlobalEconomy #FiscalPolicy #MacroeconomicStability
El artículo analiza cómo el fin del orden económico global post-Segunda Guerra Mundial afecta a los mecanismos de ajuste macroeconómico y las políticas públicas, destacando la vulnerabilidad de las cadenas de suministro y el elevado endeudamiento público que limitan la capacidad de los Estados para responder a crisis, mientras subraya la acumulación de ahorro privado en España y la importancia de mantener una política fiscal que actúe como un amortiguador ante futuras tensiones económicas. #GlobalEconomy #FiscalPolicy #MacroeconomicStability
The article discusses Argentina's ongoing economic challenges stemming from a lack of cross-party macroeconomic consensus, highlighting the rivalry between Javier Milei's administration and the Peronist opposition, and emphasizes two potential solutions: Milei's reelection to ensure continuity or establishing an interparty agreement on macroeconomic principles, while questioning whether a sustainable macroeconomic approach can withstand political alternation amid persistent economic distress and electoral fears. #Macroeconomics #ArgentinaPolitics #EconomicStability
