Budget cutting galore

Election campaigns begin to flare-up in The Netherlands today. Budget cuts are the main focus of all political parties, regardless of their signature. They are presented to the people as necessary measures to survive the crisis. Few seem to make an effort of figuring out if taking away money from flecks of society is a proper remedy against the misery the crisis brings on. One would have to understand the true cause of the crisis to be able to fight it successfully. Referring to the counter productive measures the central banks are taking (as mentioned in my previous blog post), there is little reason to suspect that the responsible organizations are going to do well in turning around the global economic mishap.

If administrations extract money from society, corporations and organizations, including its own budget while the banks are ordering more bank notes to be printed, there is bound to be an excess amount of money that will have to go 'somewhere'. Ever wonder who is in charge of somewhere?

It is common knowledge that one can not do a lot when there is no money available. Budget cutting is crippling the victims of the edict. An often heard would-be argument is that the money will be put aside for when the crisis gets worse and boost recovery for when it will become a thing of the past. Well, the banks' crisis management does not seem to be devised to putting an end to the crisis any time soon and governments have already more than sufficiently proven that few useful things have been done in the past with the money they splayed from society.

So, what would be the true reason of the announced budget costs? Who will benefit from them? And what effect should it have to the way you cast your vote?