Filzmaier Analyzes – Billions from the State: Can We Afford It?

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More than a billion just for adjusting social assistance and pensions to inflation. Many billions more as energy cost reimbursement for households and companies. All this after the countless billions for Corona aid. Austria is currently spending huge sums of money. Can we afford this?

1. Of course, government spending is mainly financed by our tax money or by taking on debt. There is nothing objectionable about that, because a state should not do speculative business on the stock market or loot and rob people as a collection agency. So is the rising spending and growing debt of governments across Europe. And that’s good for all kinds of help.

Source: Krone

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