NATION

PASSWORD

New Greek elections

For discussion and debate about anything. (Not a roleplay related forum; out-of-character commentary only.)

Advertisement

Remove ads

Which party do you support in the upcoming Greek elections

Syriza
207
41%
PASOK
8
2%
New Democracy
73
14%
Golden Dawn
109
22%
Potami
15
3%
Dimar
13
3%
KKE
35
7%
ANEL
9
2%
None of the above
35
7%
 
Total votes : 504

User avatar
Britanno
Minister
 
Posts: 2992
Founded: Apr 05, 2013
Ex-Nation

Postby Britanno » Thu Jan 22, 2015 1:39 pm

Austerity can work if it's done in the right way. Greece's government has simply taken it up the arse from the EU and decided to just cut the shite out of spending.
NSGS Liberal Democrats - The Centrist Alternative
British, male, heterosexual, aged 26, liberal conservative, unitarian universalist
Pro: marriage equality, polygamy, abortion up to viability, UK Lib Dems, US Democrats
Anti: discrimination, euroscepticism, UKIP, immigrant bashing, UK Labour, US Republicans
British Home Counties wrote:
Alyakia wrote:our nations greatest achievement is slowly but surely being destroyed
America is doing fine atm

User avatar
Liberty and Linguistics
Senator
 
Posts: 4565
Founded: Jan 09, 2015
Ex-Nation

Postby Liberty and Linguistics » Thu Jan 22, 2015 1:42 pm

Britanno wrote:Austerity can work if it's done in the right way. Greece's government has simply taken it up the arse from the EU and decided to just cut the shite out of spending.


How can austerity be done properly? I'm curious to hear your opinion, since it appears that the UK, Ireland, Germany, and a few other states have gotten out of the recession with austerity. Erstwhile, the Southern European countries have tried austerity, and it's failed miserably. My hypothesis is simply that because the financial recession hit the Southern European countries so hard, perhaps there is no silver-bullet solution to their problems.
I am: Cynic, Depressive, Junior in HS, Arizonan, Sarcastic, Wannabe Psychologist, Lover of Cinema and Rum.


Ziggy played guitar....
For ISIS | On Israel and its settlements | Flat Taxes are beneficial for all | OOC, Baby | Probably Accurate.

User avatar
Martean
Minister
 
Posts: 2017
Founded: Aug 08, 2012
Ex-Nation

Postby Martean » Thu Jan 22, 2015 1:43 pm

20,000 people today in Syriza's mitin, with leaders like Pablo Iglesias and Cayo Lara. I think Syriza will definetely win the elections.
Compass:
Left/Right: -9.00
Libertarian/Authoritarian: -9.03
Spanish, communist
Pro: Democracy, Nationalized economy, socialism, LGTB Rights, Free Speech, Atheism, Inmigration, Direct Democracy
Anti: Dictatorship, Fascism, Social-democracy, Social Liberalism, Neoliberalism, Nationalism, Racism, Xenophobia, Homophobia.
''When you have an imaginary friend, you're crazy, but when many people have the same imaginary friend, it's called religion''

User avatar
Unholy Byzantium
Attaché
 
Posts: 86
Founded: Jan 22, 2015
Ex-Nation

Postby Unholy Byzantium » Thu Jan 22, 2015 1:44 pm

SYRIZA cannot deliver on its promises nor do I foresee it having the will, once elected, to stand up to the Merkelreich.

A better choice will be from the right. Perhaps ANEL or Golden Dawn.
The White Sun will never be extinguished

User avatar
Liberty and Linguistics
Senator
 
Posts: 4565
Founded: Jan 09, 2015
Ex-Nation

Postby Liberty and Linguistics » Thu Jan 22, 2015 1:47 pm

Unholy Byzantium wrote:SYRIZA cannot deliver on its promises nor do I foresee it having the will, once elected, to stand up to the Merkelreich.

A better choice will be from the right. Perhaps ANEL or Golden Dawn.


Ah, so you're fine with Neo-Nazism? And, you're also fine with ridiculously stupid conspiracy theories?
I am: Cynic, Depressive, Junior in HS, Arizonan, Sarcastic, Wannabe Psychologist, Lover of Cinema and Rum.


Ziggy played guitar....
For ISIS | On Israel and its settlements | Flat Taxes are beneficial for all | OOC, Baby | Probably Accurate.

User avatar
Chestaan
Negotiator
 
Posts: 6977
Founded: Sep 30, 2011
Ex-Nation

Postby Chestaan » Thu Jan 22, 2015 1:51 pm

Liberty and Linguistics wrote:
Britanno wrote:Austerity can work if it's done in the right way. Greece's government has simply taken it up the arse from the EU and decided to just cut the shite out of spending.


How can austerity be done properly? I'm curious to hear your opinion, since it appears that the UK, Ireland, Germany, and a few other states have gotten out of the recession with austerity. Erstwhile, the Southern European countries have tried austerity, and it's failed miserably. My hypothesis is simply that because the financial recession hit the Southern European countries so hard, perhaps there is no silver-bullet solution to their problems.


I would argue that the countries you mentioned got out of recession despite austerity rather than because of it. UK also had stimulated the economy in the early part of the recession through fiscal and monetary measures which helped them avoid the worst.
Council Communist
TG me if you want to chat, especially about economics, you can never have enough discussions on economics.Especially game theory :)
Economic Left/Right: -9.88
Social Libertarian/Authoritarian: -6.62

Getting the Guillotine

User avatar
Unholy Byzantium
Attaché
 
Posts: 86
Founded: Jan 22, 2015
Ex-Nation

Postby Unholy Byzantium » Thu Jan 22, 2015 1:53 pm

Liberty and Linguistics wrote:
Unholy Byzantium wrote:SYRIZA cannot deliver on its promises nor do I foresee it having the will, once elected, to stand up to the Merkelreich.

A better choice will be from the right. Perhaps ANEL or Golden Dawn.


Ah, so you're fine with Neo-Nazism? And, you're also fine with ridiculously stupid conspiracy theories?


Look at the poll on the first page. Even in NS the Golden Dawn does better than any of the 'mainstream parties'

And no I don't like Neo Nazis, but I also recognize that this term is thrown around far more often than reflects reality. It is used to discredit nationalist opposition to an unpopular status quo.

Calling Greek Nationalists Nazis is an insult to those who suffered from actual Nazis.
The White Sun will never be extinguished

User avatar
Liberty and Linguistics
Senator
 
Posts: 4565
Founded: Jan 09, 2015
Ex-Nation

Postby Liberty and Linguistics » Thu Jan 22, 2015 1:55 pm

Unholy Byzantium wrote:
Liberty and Linguistics wrote:
Ah, so you're fine with Neo-Nazism? And, you're also fine with ridiculously stupid conspiracy theories?


Look at the poll on the first page. Even in NS the Golden Dawn does better than any of the 'mainstream parties'

And no I don't like Neo Nazis, but I also recognize that this term is thrown around far more often than reflects reality. It is used to discredit nationalist opposition to an unpopular status quo.

Calling Greek Nationalists Nazis is an insult to those who suffered from actual Nazis.


No, it's really not, since they're literally an openly nazi party.
I am: Cynic, Depressive, Junior in HS, Arizonan, Sarcastic, Wannabe Psychologist, Lover of Cinema and Rum.


Ziggy played guitar....
For ISIS | On Israel and its settlements | Flat Taxes are beneficial for all | OOC, Baby | Probably Accurate.

User avatar
Slakonian
Senator
 
Posts: 4201
Founded: Nov 22, 2009
Ex-Nation

Postby Slakonian » Thu Jan 22, 2015 1:57 pm

Maybe the junta should come back?..... anyhow to see how stupid this whole situation is we got ourselves in first place is that we do NOT vote our own president which we should because they are like elected monarchs by the Parliament. As Lazopoulos said: Βασιλιά δεν είχαμε, αλλά Βασιλιά έχουμε, which means " We didn't had a king(since the 1970's) but we still have a King...
Call me Slak!
Greek Army Reservist NCO
Our great anthem
Turmenista wrote:>USA/Obama drops bombs in Syria for over a year, nobody bats an eye or says a word.
>Russia/Putin drops bombs in Syria for a day and-
WE INTERRUPT THIS SHITPOST TO INFORM YOU THAT VLADIMIR PUTIN AND RUSSIA ARE TRYING TO TAKE OVER THE WORLD!!!
Glasgia wrote:
Kratu wrote:America will embargo Italian goods. :p

No pizza for you then!

Lord Tothe wrote:
The Emerald Dragon wrote:The 9,910th Monkey died of viagra overdose

Monkey #9909 was on the other end of the viagra overdose problem

User avatar
Martean
Minister
 
Posts: 2017
Founded: Aug 08, 2012
Ex-Nation

Postby Martean » Thu Jan 22, 2015 2:04 pm

Slakonian wrote:Maybe the junta should come back?..... anyhow to see how stupid this whole situation is we got ourselves in first place is that we do NOT vote our own president which we should because they are like elected monarchs by the Parliament. As Lazopoulos said: Βασιλιά δεν είχαμε, αλλά Βασιλιά έχουμε, which means " We didn't had a king(since the 1970's) but we still have a King...


So the solution for the lack of democracy is... directly abolishing democracy

Golden Dawn's Logic
Compass:
Left/Right: -9.00
Libertarian/Authoritarian: -9.03
Spanish, communist
Pro: Democracy, Nationalized economy, socialism, LGTB Rights, Free Speech, Atheism, Inmigration, Direct Democracy
Anti: Dictatorship, Fascism, Social-democracy, Social Liberalism, Neoliberalism, Nationalism, Racism, Xenophobia, Homophobia.
''When you have an imaginary friend, you're crazy, but when many people have the same imaginary friend, it's called religion''

User avatar
Baltenstein
Postmaster-General
 
Posts: 11008
Founded: Jan 25, 2010
Ex-Nation

Postby Baltenstein » Thu Jan 22, 2015 2:10 pm

Slakonian wrote:Maybe the junta should come back?..... anyhow to see how stupid this whole situation is we got ourselves in first place is that we do NOT vote our own president which we should because they are like elected monarchs by the Parliament. As Lazopoulos said: Βασιλιά δεν είχαμε, αλλά Βασιλιά έχουμε, which means " We didn't had a king(since the 1970's) but we still have a King...


Who cares if the powerless figurehead at the top is called president or king? It's not like he is doing much else than visiting other countries and shaking hands.
Last edited by Baltenstein on Thu Jan 22, 2015 2:11 pm, edited 1 time in total.
O'er the hills and o'er the main.
Through Flanders, Portugal and Spain.
King George commands and we obey.
Over the hills and far away.


THE NORTH REMEMBERS

User avatar
Washington Resistance Army
Khan of Spam
 
Posts: 53360
Founded: Aug 08, 2011
Father Knows Best State

Postby Washington Resistance Army » Thu Jan 22, 2015 2:12 pm

Slakonian wrote:Maybe the junta should come back?..... anyhow to see how stupid this whole situation is we got ourselves in first place is that we do NOT vote our own president which we should because they are like elected monarchs by the Parliament. As Lazopoulos said: Βασιλιά δεν είχαμε, αλλά Βασιλιά έχουμε, which means " We didn't had a king(since the 1970's) but we still have a King...


Bring back Rome 2015.
Hellenic Polytheist, Socialist

User avatar
Shofercia
Post Czar
 
Posts: 31339
Founded: Feb 22, 2008
Inoffensive Centrist Democracy

Postby Shofercia » Thu Jan 22, 2015 11:26 pm

Baltenstein wrote:Greece leaving the Eurozone is not on Syriza's agenda.


Huh?


Risottia wrote:
Shofercia wrote:

That would be another reason why we as Europe need a common defence policy of our own, and common procurements. We could have a better defence for less money (standardisation goes a long way), and we really can't allow to blast so much of our money on defence.


That would work. Then you guys could tell US/Russia to take a pause for the cause in Ukraine and hold elections, like the Scottish Referendum. Do the same with Moldova, admit that North Kosovo is Serbia, take down Thaci and Co for corruption, and actually have a peaceful Europe. And then you invite Russia back in, after letting the Russians run the Kavkaz. But you guys are too weak to do that as is, so...


Baltenstein wrote:Guardian did another piece on the four most important parties and their positions in Greece right now:

http://www.theguardian.com/world/2015/j ... s-policies


The photos are just...

SYRIZA: We strong! We prevail!
New Democracy: Corruption? There's no corruption *hides billions* I'm so confused!
Golden Dawn: Eat all immigrants! Yarrr!
To Potami: There's a plan. We don't know what it is, but we're following it!


Teemant wrote:
Liberty and Linguistics wrote:
Which in turn, can increase the debt and deficit.


Austerity won't increase debt because it means running balanced or surplus budget.


Greetings from Sunny California. How're you going to run a surplus with ever shrinking tax revenues? We rejected austerity outright. As a result, our economy grew.
Last edited by Shofercia on Thu Jan 22, 2015 11:27 pm, edited 2 times in total.
Come, learn about Russian Culture! Bring Vodka and Ushanka. Interested in Slavic Culture? Fill this out.
Stonk Power! (North) Kosovo is (a de facto part of) Serbia and Crimea is (a de facto part of) Russia
I used pronouns until the mods made using wrong pronouns warnable, so I use names instead; if you see malice there, that's entirely on you, and if pronouns are no longer warnable, I'll go back to using them

User avatar
Baltenstein
Postmaster-General
 
Posts: 11008
Founded: Jan 25, 2010
Ex-Nation

Postby Baltenstein » Fri Jan 23, 2015 2:51 am

Martean wrote:20,000 people today in Syriza's mitin, with leaders like Pablo Iglesias and Cayo Lara. I think Syriza will definetely win the elections.


Where you also at the Syriza gathering last night? Or was it some other Republican Spaniards? ;)

Image
O'er the hills and o'er the main.
Through Flanders, Portugal and Spain.
King George commands and we obey.
Over the hills and far away.


THE NORTH REMEMBERS

User avatar
Pooria
Secretary
 
Posts: 39
Founded: Dec 21, 2014
Ex-Nation

Postby Pooria » Fri Jan 23, 2015 3:09 am

why are the spaniards so interested on the greeck elections?
Last edited by Pooria on Fri Jan 23, 2015 3:23 am, edited 1 time in total.

User avatar
Greed and Death
Khan of Spam
 
Posts: 53383
Founded: Mar 20, 2008
Ex-Nation

Postby Greed and Death » Fri Jan 23, 2015 4:23 am

Golden dawn will win because Putin has promised cheap oil and a grant that will help Greece leave the Euro if they win.
"Trying to solve the healthcare problem by mandating people buy insurance is like trying to solve the homeless problem by mandating people buy a house."(paraphrase from debate with Hilary Clinton)
Barack Obama

User avatar
Chestaan
Negotiator
 
Posts: 6977
Founded: Sep 30, 2011
Ex-Nation

Postby Chestaan » Fri Jan 23, 2015 6:31 am

Pooria wrote:why are the spaniards so interested on the greeck elections?


Because their economy is also in the shitter. Syriza are trying to get debt write downs and if Greece gets a write down then Spain may also get one.
Council Communist
TG me if you want to chat, especially about economics, you can never have enough discussions on economics.Especially game theory :)
Economic Left/Right: -9.88
Social Libertarian/Authoritarian: -6.62

Getting the Guillotine

User avatar
Liberty and Linguistics
Senator
 
Posts: 4565
Founded: Jan 09, 2015
Ex-Nation

Postby Liberty and Linguistics » Fri Jan 23, 2015 6:56 am

Pooria wrote:why are the spaniards so interested on the greeck elections?


Likely because their economic situation is almost as shitty as Greece's. Plus, there has been a surge in support for a broad tent anti-establishment party in Greece, and the same is happening in Spain. Greece has SYRIZA, Spain has Podemos.
I am: Cynic, Depressive, Junior in HS, Arizonan, Sarcastic, Wannabe Psychologist, Lover of Cinema and Rum.


Ziggy played guitar....
For ISIS | On Israel and its settlements | Flat Taxes are beneficial for all | OOC, Baby | Probably Accurate.

User avatar
Martean
Minister
 
Posts: 2017
Founded: Aug 08, 2012
Ex-Nation

Postby Martean » Fri Jan 23, 2015 10:56 am

Baltenstein wrote:
Martean wrote:20,000 people today in Syriza's mitin, with leaders like Pablo Iglesias and Cayo Lara. I think Syriza will definetely win the elections.


Where you also at the Syriza gathering last night? Or was it some other Republican Spaniards? ;)

Image


I saw it today in the News, there were lots of representatives of the Spanish Left, like Ada Colau, who will present herself as mayor of Barcelona under the 'Ganemos' (Let's win) platform, supported by Podemos. There were also prominent leaders such as Iglesias (that even went there and said 3 phrases in Greek, lulz) and people were singing '¡Syriza-podemos, venceremos!'' and the leader of the communist-dominated United Left, that, unlike the KKE, is willing to form a coalition government with Podemos.
Pooria wrote:why are the spaniards so interested on the greeck elections?


Because there is this new Party, Podemos, that in less than a year has been able to top most polls, they regard Syriza as their model and many of their potential voters first want to see what Tsipras does in Greece and, based on that, then vote here.

Spanish elections will be held more or less during November-December 2015, imagine what would happen to Podemos if Tsipras government falls, or succeeds... etc.

I think that if Tsipras does it more or less decently, Podemos will definetely win the next elections.
Compass:
Left/Right: -9.00
Libertarian/Authoritarian: -9.03
Spanish, communist
Pro: Democracy, Nationalized economy, socialism, LGTB Rights, Free Speech, Atheism, Inmigration, Direct Democracy
Anti: Dictatorship, Fascism, Social-democracy, Social Liberalism, Neoliberalism, Nationalism, Racism, Xenophobia, Homophobia.
''When you have an imaginary friend, you're crazy, but when many people have the same imaginary friend, it's called religion''

User avatar
Slakonian
Senator
 
Posts: 4201
Founded: Nov 22, 2009
Ex-Nation

Postby Slakonian » Fri Jan 23, 2015 12:11 pm

Bad thing is that this Sunday I was selected for the election committee for the parliamentary elections.... shit, the only day in the week I can take rest and it was taken from me.
Last edited by Slakonian on Fri Jan 23, 2015 12:15 pm, edited 1 time in total.
Call me Slak!
Greek Army Reservist NCO
Our great anthem
Turmenista wrote:>USA/Obama drops bombs in Syria for over a year, nobody bats an eye or says a word.
>Russia/Putin drops bombs in Syria for a day and-
WE INTERRUPT THIS SHITPOST TO INFORM YOU THAT VLADIMIR PUTIN AND RUSSIA ARE TRYING TO TAKE OVER THE WORLD!!!
Glasgia wrote:
Kratu wrote:America will embargo Italian goods. :p

No pizza for you then!

Lord Tothe wrote:
The Emerald Dragon wrote:The 9,910th Monkey died of viagra overdose

Monkey #9909 was on the other end of the viagra overdose problem

User avatar
Britanno
Minister
 
Posts: 2992
Founded: Apr 05, 2013
Ex-Nation

Postby Britanno » Fri Jan 23, 2015 1:42 pm

Chestaan wrote:I would argue that the countries you mentioned got out of recession despite austerity rather than because of it. UK also had stimulated the economy in the early part of the recession through fiscal and monetary measures which helped them avoid the worst.

You're misunderstanding the pro-austerity argument in the UK.

I don't think cutting the deficit and slashing spending cures economic problems. I would agree that in many places it does the opposite. What I'm saying is that, if done properly, the shirt term impacts can be reduced without sacrificing long term aims. I want to run a surplus. Why? Because it means that when we hit another financial crisis, we don't have to bankrupt ourselves by putting money into the economy. Spending goes up following a crisis. If we had been running a surplus, then we would be running a small deficit after the crisis. If we'd been running a deficit, then we would be running a big deficit after the crisis.

It's about the long term. If austerity can happen without fucking shit up (as it has in Britain), then it's worth it.
NSGS Liberal Democrats - The Centrist Alternative
British, male, heterosexual, aged 26, liberal conservative, unitarian universalist
Pro: marriage equality, polygamy, abortion up to viability, UK Lib Dems, US Democrats
Anti: discrimination, euroscepticism, UKIP, immigrant bashing, UK Labour, US Republicans
British Home Counties wrote:
Alyakia wrote:our nations greatest achievement is slowly but surely being destroyed
America is doing fine atm

User avatar
Esperantujo 2
Diplomat
 
Posts: 638
Founded: Nov 24, 2008
Ex-Nation

Postby Esperantujo 2 » Fri Jan 23, 2015 3:21 pm

Olerand wrote:
European Socialist Republic wrote:Maybe Greece could vote for Golden Dawn, start a war with the USA, get defeated and then hope for a Marshall plan to rebuild the country.

Golden Dawn doesn't really want a war with America; it has more national and regional aspirations.

Also, America doesn't have the money to give Greece as a new Marshall Plan.

I don't think this is true, or, even if it is true, it would only apply to the US government, not to billionaires. Perhaps the new dictator of Saudi Arabia will buy Greece, as part of a plan to re-establish the Ottoman Empire. Any let's face it. Greece will default, whoever wins the election. Best to end austerity and give Greeks a decent life.

User avatar
Chestaan
Negotiator
 
Posts: 6977
Founded: Sep 30, 2011
Ex-Nation

Postby Chestaan » Fri Jan 23, 2015 3:51 pm

Britanno wrote:
Chestaan wrote:I would argue that the countries you mentioned got out of recession despite austerity rather than because of it. UK also had stimulated the economy in the early part of the recession through fiscal and monetary measures which helped them avoid the worst.

You're misunderstanding the pro-austerity argument in the UK.

I don't think cutting the deficit and slashing spending cures economic problems. I would agree that in many places it does the opposite. What I'm saying is that, if done properly, the shirt term impacts can be reduced without sacrificing long term aims. I want to run a surplus. Why? Because it means that when we hit another financial crisis, we don't have to bankrupt ourselves by putting money into the economy. Spending goes up following a crisis. If we had been running a surplus, then we would be running a small deficit after the crisis. If we'd been running a deficit, then we would be running a big deficit after the crisis.

It's about the long term. If austerity can happen without fucking shit up (as it has in Britain), then it's worth it.


Running a surplus isn't a bad idea, but it should be done when the economy is doing well. Sure, you can try running austerity measures during a recession/stagnation but it's kind of like closing the stable door after the horse has bolted. A surplus should have been ran before the recession and then that money could have been used to deal with the crisis that started in 2008. It's also very hard to run a surplus during a recession as government revenues naturally fall (unemployment, lower VAT etc) while spending naturally rises as welfare must increase etc.

My thinking would to be continue to run a modest deficit until the economy begins to pick up. Then when growth returns and revenue increases, you can run a surplus and start paying for the deficit and saving for a rainy day.
Council Communist
TG me if you want to chat, especially about economics, you can never have enough discussions on economics.Especially game theory :)
Economic Left/Right: -9.88
Social Libertarian/Authoritarian: -6.62

Getting the Guillotine

User avatar
Chestaan
Negotiator
 
Posts: 6977
Founded: Sep 30, 2011
Ex-Nation

Postby Chestaan » Fri Jan 23, 2015 3:53 pm

Esperantujo 2 wrote:
Olerand wrote:Golden Dawn doesn't really want a war with America; it has more national and regional aspirations.

Also, America doesn't have the money to give Greece as a new Marshall Plan.

I don't think this is true, or, even if it is true, it would only apply to the US government, not to billionaires. Perhaps the new dictator of Saudi Arabia will buy Greece, as part of a plan to re-establish the Ottoman Empire. Any let's face it. Greece will default, whoever wins the election. Best to end austerity and give Greeks a decent life.


Greece has already defaulted. It was easily missed because it was done quietly and was called "restructuring the debt". But yeah, it will probably default again. It's current austerity policies are both pointless and unsustainable.
Council Communist
TG me if you want to chat, especially about economics, you can never have enough discussions on economics.Especially game theory :)
Economic Left/Right: -9.88
Social Libertarian/Authoritarian: -6.62

Getting the Guillotine

User avatar
Calimera II
Powerbroker
 
Posts: 8790
Founded: Jan 03, 2013
Inoffensive Centrist Democracy

Postby Calimera II » Fri Jan 23, 2015 3:53 pm

Chestaan wrote:
Britanno wrote:You're misunderstanding the pro-austerity argument in the UK.

I don't think cutting the deficit and slashing spending cures economic problems. I would agree that in many places it does the opposite. What I'm saying is that, if done properly, the shirt term impacts can be reduced without sacrificing long term aims. I want to run a surplus. Why? Because it means that when we hit another financial crisis, we don't have to bankrupt ourselves by putting money into the economy. Spending goes up following a crisis. If we had been running a surplus, then we would be running a small deficit after the crisis. If we'd been running a deficit, then we would be running a big deficit after the crisis.

It's about the long term. If austerity can happen without fucking shit up (as it has in Britain), then it's worth it.


Running a surplus isn't a bad idea, but it should be done when the economy is doing well. Sure, you can try running austerity measures during a recession/stagnation but it's kind of like closing the stable door after the horse has bolted. A surplus should have been ran before the recession and then that money could have been used to deal with the crisis that started in 2008. It's also very hard to run a surplus during a recession as government revenues naturally fall (unemployment, lower VAT etc) while spending naturally rises as welfare must increase etc.

My thinking would to be continue to run a modest deficit until the economy begins to pick up. Then when growth returns and revenue increases, you can run a surplus and start paying for the deficit and saving for a rainy day.


Or you do it the Baltic way. *Slash*

PreviousNext

Advertisement

Remove ads

Return to General

Who is online

Users browsing this forum: Australian rePublic, Cavirfi, Necroghastia, Ryemarch, Skelleftella, Washington Resistance Army

Advertisement

Remove ads