Double Blind

The last few days have been very busy, and the next couple should also be quite busy, so I have been falling behind on my readings, including reading Budget 2009.

Generally speaking, the country has gone down a course where musings of fiscal restraint have gone out the window – this started in the 1999-2000 fiscal year, and has not stopped. The spend-happy people should be happy, but they will never be happy, because whatever gets spent will never be enough. I guess they don’t pay taxes since the rest of us that actually contribute to the economy will be paying for this largess, unless if the government is very, very, very good at choosing where to invest and can do it efficiently. Not two things governments are good at.

More later.

This entry was posted on Thursday, January 29th, 2009 and is filed under Commentary. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.