tag:blogger.com,1999:blog-3120478448417742445.post6545313488189305977..comments2024-03-24T06:35:14.281+00:00Comments on The Portuguese Economy: A balanced budget by 2016Editorhttp://www.blogger.com/profile/16779405217168307855noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3120478448417742445.post-15460312947516341852020-10-20T07:42:30.166+01:002020-10-20T07:42:30.166+01:00Are you searching for a very genuine loan at an af...Are you searching for a very genuine loan at an affordable interest rate of 3% process and approved within 4 working days? Have you been turned down Constantly by your Banks and other financial institutions because of bad credit? Loans ranging from $5000 USD to $20, 000, 000 USD maximum LOANS for Developing business a competitive edge / business expansion. We are certified, trustworthy, reliable, efficient, Fast and dynamic for real estate and any kinds of business financing. Contact us for more details and information.<br />Thanks & Regard<br />Call/Whats App 918929509036<br />(Whats App) 918929509036<br />Dr James Eric Finance Pvt Ltd<br />E-mail: financialserviceoffer876@gmail.comfinancialserviceofferhttps://www.blogger.com/profile/11310134613292993835noreply@blogger.comtag:blogger.com,1999:blog-3120478448417742445.post-86875141547833660642010-05-27T13:24:19.560+01:002010-05-27T13:24:19.560+01:00I believe that Germany has adopted that goal.I believe that Germany has adopted that goal.PedroShttps://www.blogger.com/profile/02404776246982814786noreply@blogger.comtag:blogger.com,1999:blog-3120478448417742445.post-66384151243831201792010-05-26T23:26:55.016+01:002010-05-26T23:26:55.016+01:00Why do you think that no other democratic governme...Why do you think that no other democratic government has adopted so far the agenda you are now proposing?Daniel.Rhttps://www.blogger.com/profile/00131335829044734348noreply@blogger.comtag:blogger.com,1999:blog-3120478448417742445.post-57789698954880856982010-05-24T16:18:43.909+01:002010-05-24T16:18:43.909+01:00Professor,
I completely agree with the idea of a ...Professor,<br /><br />I completely agree with the idea of a balanced budget, but the problem here is on the details. Government accounting is very different from other economic agents' accounting. For example, selling my house at a firesale price is a bad decision, but the government selling a building at a firesale price is good news because it reduces deficit (even though it increases it in the following years). Therefore, I am afraid that, with current accounting, a balanced budget would ultimately compromise the health of the economy by encouraging this kind of behavior. Shouldn't we reform government accounting first?Anonymousnoreply@blogger.com