Brendan Burgess
Founder
- Messages
- 52,183
Next, introduce a 'bonus' % payment to public sector based on GDP growth
Interesting idea. The problem is that some public servants are overpaid and others are underpaid. I might link it to the government deficit rather than GDP growth. If we have the money at the end of the year, we pay it. It would give the public servants a real incentive to become more efficient.
Brendan
we're constantly told we have lower spending in health and education compared to european averages.
And yet we are borrowing - madness!
At a personal level, why would anyone want to borrow for anything other that an asset such as a house or an education? Why is it different at a national level - isn't this just the same as going to the Credit Union for the weekly shop at Tesco?
Let's do a what if scenario.
What would happen if we did not borrow?
I meant this as a serious question.
As far as I know, only a handful of countries do not borrow.
Why do economists think that Ireland could manage without borrowing?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?