Budget

[dimpy.handa]

If you skim the budget you will find lots of money to be spent. Things like economic studies can be shed, as they can contract the work out, like a free lance job.

Then they could sell weapons to the arab spring people!

Then they could sell the school system, privatize education. With this lump sum they could pay off some of the debt, and then people can deethey want to send thier children to school or not. The more uneducated people there are the more like china it becomes - yes? Duh! There will be many people veering for total bum jobs that someone has to do - for every potential scientist on one side there is a potential bum worker on the other, why educate people that will not better themselves? I mean imagine wasting all that money on school when they just going to bum around any way? On the other hand, making shcool cheap will make it an option for all!

 

[shivibhanot]

This has been a traumatic and worrying time for the citizens of our country. They are concerned that we had to seek external support to help us with our economic and financial difficulties. They are worried about the impact of this momentous and difficult decision on their lives.

Yet, in fact, even in this most intractable and complex crisis, there are clear signs of hope.

Amid the turmoil in the financial sector over recent months, it is easy to lose sight of the fact that economic activity in this country has stabilised. From a drop of 7.6% in 2009, GDP will record a small increase this year. Recovery in the real economy is beginning to take shape.

As anticipated, this recovery is being led by exports. Our exports increased by nearly 7% in real terms in the first half of this year. Output in the manufacturing sector was up 12% in the third quarter, while surveys point to continued strong growth in export orders for both goods and services.

Agriculture and the agri-food sector has strengthened this expansion.

The growth is broadly based and is being driven not only by a pick-up in demand in our trading partners but also by the significant improvements in competitiveness we have achieved over the last two years.

Yes, domestic demand remains weak, as households and businesses continue to work off the excesses of the boom. But continued export growth will protect and expand high-value employment and stimulate domestically trading sectors of the economy. This, in time, will reduce unemployment, help build confidence among households and firms and stimulate renewed growth in consumer spending and investment.