Quote:
Originally Posted by Alan Fry
The government is cutting more than just "non-jobs" and does not realise the growth, not spending cuts will fix the economy. We have kept the same failed economic system and we need to reform it. The government also needs to invest into the economy to kick start the growth of the private sector as well
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Growth is to be found in the private sector, not the public. Cutting back the public sector by in some cases forcing workers out and into private sector work is in the long term better for the economy. It's a structural change that is painful but necessary.
Governments should presume to 'invest' in the economy in only the most limited of circumstances. Wherever possible, this should be the responsibility of the private sector, which inevitably makes more efficient use of capital than any public sector institution.