Recent claims for waving social security dues of exporting companies have been really meaningful for the companies suggesting those leftish measures. Any consideration of such ideas though would raise significant array of questions with contradictory answers.
Why the government should stimulate the exporting sector? Should the state subsidize other strong exporters such as the energy sector and air traffic services? Do we need to stimulate the ubiquitously incompetent tourist sector as well? Why not pay unemployment compensation and see the truth of the hidden unemployment, but subsidize via social security payments veto? Are the about-to-be-subsidized companies efficient enough for the taxpayers’ money to be diverted to their support rather than invested in infrastructure, human resources development or research and development? The proposed measure is a delayed detonation or solution for the inefficient producers? Why not invest in broadening international commercial relations and help the exporters this way?
With such a broad array of issues, one remains pretty hot to me as an investor: Does the state possess potential to offer long-term economy growth?
Paraphrased: Does the government’s capacity suffices road maintenance instead or clear vision for new “economy highway network”?
07 October, 2009
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