Wanted: budget action plan
2006-09-20
No one gets more credit for stating the obvious than the Czech
National Bank. Vice Gov. Ludìk Niedermayer made the
international news by saying that the 2007 state budget
proposal is the worst and most dangerous in recent years, but
couldn't the same have been said of almost every budget since
the founding of the CR in 1993? The 2007 deficit is an
accumulation of policies and non-policies that can be traced to
the pre-1990 Communists; to the mid-1990s laissez-voler
politics of ODS; to the CNB's own easy-license giveaways; to the
big-spending years of Miloš Zeman and his successors; and to
the EU, Nato and other international institutions that gave
negative reinforcement to the Czechs all those years. The
budget problem has been a real community effort! What's
missing is a concrete action plan from the blame-throwers for
undoing the damage they've all caused.
[Czech Republic Governor ÈSSD deficit laissez-faire]
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