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  1. #11
    Whisky Old & Women Young Speed Gavroche's Avatar
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    Quote Originally Posted by Lark View Post


    Yeah right. Wait, you believe that?
    Yes!
    EsTP 6w7 Sx/Sp

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    "I don't believe in guilt, I only believe in living on impulses"

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  2. #12
    Striving for balance Little Linguist's Avatar
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    Well, I wonder if you can divide the two? How can you have a sound social policy if you do not have a sound fiscal policy? Though I guess you could have a sound social policy in theory that doesn't work in practice if your fiscal policy sucks. Therefore, I think fiscal policy is more essential.

    If you are asking whether or not it is better to support individuals or businesses - I'd say both, but more businesses. If I help Joe Schmoe, I just help Joe Schmoe. But if I help a fiscally responsible business, I could be generating better opportunities for several people. Of course, that isn't to say businesses would necessarily translate that into more jobs, etc. but it's worth a shot. Making life difficult for business owners and freelancers/self-employed people just makes things harder for everyone. So it's better to have liberal economic policies (in the sense of: easier for businesses). However, the idea should be in supporting small- to medium-sized businesses, not necessarily LARGE ones that have already made it.

    Assuming you've created a fiscal policy/budget aimed at encouraging business without stifling or overburdening any one sector of the economy, now you can focus on allocating tax resources properly. Parts of that have to be reallocated to encouraging business, and the rest should go to social programs. Although the short- to middle-term costs of social programs can be substantial, they are really necessary to maintain a certain amount of stability and security to the system. That should be done in a fiscally RESPONSIBLE manner, not á la Greece with retirement at 50 and debt up the wazoo to the point that it has to be bailed out by the EU.
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  3. #13
    The Eighth Colour Octarine's Avatar
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    The mistake Lark is making is the need for 'policy' in the first place. Making policy says nothing about outcomes. In the absence of one or the other, individuals will substitute their own cultural or economic methods. See underground cultures or economies for examples of such existing in spite of policies against them.

    (note, I'm not implying anything about ideal policies, but merely unwrapping the assumptions involved).

  4. #14
    Striving for balance Little Linguist's Avatar
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    Well one could argue whether or not we need policies at all.

    But I think a general plan is always a good idea to keep in mind. Some amount of regulation is necessary, after all. Not too much, but a general guideline is always good.
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