They are making the game in the dark with the economy
The crisis in international financial markets and in particular those related to
U.S. sub-prime mortgage losses in the banking system determines
so serious as to require frequent public bailouts
still avoid the most dangerous domino effect in the global economy. A necessary evil 's
intervention, which however must be followed by a U-turn structural
for which the financial return to support the production of goods and services and
in which the exchange rate system can be regulated by a new
snake similar to the one who helped the European currencies. In an outstanding international crisis
Italian crisis. Industrial production falls
(-6.7 in June), the galloping inflation dramatically reducing the power of '
purchase already largely eroded wages, growth for 2008 will rise slightly
above zero for the next year and around 1-1, 2%, well below the average
countries of the euro. All compounded by a narrow
credit for the crisis financial markets. Without growth, no
structural reform of public finances can be as
is folly to think that cutting government spending is triggered automatically
development. The opposite is true.
With a growth rate at least equal to the average of euro zone countries
whom we share the economic and financial deficit-GDP ratio
Italian would be reduced by ½ and cutting public spending would be more
; easier and less traumatic on the real economy. Here's the national economic picture
, certainly the worst of our European partners, in which
growth has slowed but is still close to 2% and labor productivity is not s'
sinks as 15 years in Italy. This difference shows that there is a significant
space for government action. Who says otherwise only search
a way not to assume responsibility for what happens in the silence of many
accomplice. On this seething difficulties of the Minister '
Economy Tremonti download a tsunami of rules and cuts that will not stop the'
inflation will not reduce the tax burden, then it will not help & # 224;
families and businesses, not relaunch growth and fiscal consolidation may not
public. The same forecast shows the government's borrowing requirement
state sector in the second half of this year. And the dark
cuts spending on public administration, despite some second thoughts, put on his knees
police and carabinieri, universities and scientific research
, courts and hospitals, armed forces and public investment
. There seems to be cut without intelligence, instead of eliminating waste
, generalize, and this disadvantage is likely to cancel
the future of an entire country (as exemplified by the example Universities and research
to which access is effectively blocked for young researchers).
Just go through the corridors of Deputies or the Senate for
hear similar concerns from representatives of the same
majority and by many ministers. What ever is happening?
a mystery not easily explained. Tremonti, as he said in an interview with
Giovanni Minoli, no longer considered a technical but a political one. If so,
can not have a political plan, and having regard to its provisions in which no one can
mouth, no letters or the other ministers, will also explain the substance
. Tremonti knows that without growth the country is shattered and
if the value of a healthy state budget is vital to
not forget that the budget is an instrument for social cohesion
, development and operation of the machine in a public
rule of law. If not the country would have to decline further
. Tremonti knows all these things but maybe he is playing a political game
staff whose contours still elude us and forget that
a social drama can open the door to a season which is already authoritarian
widely opened.
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