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Analysis of the 2010 Public Budget

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The government awoke to reality when 2009 tax revenues dropped by 19% year-on-year. On Friday, the haggling parties achieved a compromise on the 2010 budget. After a long weekend, the government met Tuesday to confirm the details and to announce the numbers. Yet, there is no real news, and no real solution, in this budget. We will pay more so the government will spend more. Since the government has never been able to estimate revenue or control spending, the numbers announced Tuesday should be treated as a finger in the wind. Outside of parliament, this budget creates more questions than it answers. Let’s ask and attempt to answer some of the more prominent.

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Last Updated ( Monday, 12 October 2009 01:28 )  

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The Council has been established as a forum for debating and advocating improvements in economic policy. The Council is open to contributions from entities and individuals from all parts of society.