Monday, June 7, 2010

Labelled Parts Of An Electric Motor

Philipp Missfelder spending cuts unavoidable

A statement by Philip Mißfelder to fiscal policy, which is remarkable because almost all others - more fitting than the word-expressions use Save:

"The Young Unionist Party welcomes the measures announced by the Federal Government to fiscal consolidation and stabilization of public finances. The stated aim of Chancellor Angela Merkel, to comply with the constitutional right of debt brake is strictly a decision in favor of intergenerational equity. The JU has always called for the constitutionally enshrined limiting new borrowing.

The planned spending cuts by 2010 in a total of 80 billion euros are unavoidable given the horrendous debt of public budgets and a first step in the right direction. The young Union sees the benefits of the proposed spending cuts especially in the balance of the fields to be saved on those. So social public policies to target safer than previously used. The education and research subject, however no financial reductions. Thus, the future of our country in these key areas of responsibility will be ensured.

The reduction of the still ongoing debt must remain important task of any government that wants to take for itself a right to obtain future generations of those opportunities, profits from which the present generation. With today presented considerations, the Christian-Liberal coalition a clear sign of political stability in the area of fiscal policy. “

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