Follow @PoliticsIE
 
 
 
Page 1 of 3 123 LastLast
Results 1 to 10 of 29

Thread: Which Sector is more important, Public or Private?

  1. #1

    Default Which Sector is more important, Public or Private?

    I was trying to figure out which sector is actually more important, the public or private sector?

    Leaving Government aside.....

    If we had no private sector then all services would be provided by the state, Which runs a perpetual budget deficit system. It would be pointless having a income tax system because you would have to borrow the money, to pay staff, then pay back interest on the money, after you'd witheld this 'tax' from your employees. After a few years the deficit would be huge. So when you borrow more every year to keep this system going, then economically, a system such as this makes zero sense.
    The cost of the public service is a huge economic burden on our country.

    If we had no public sector, then all of the services would have to be provided by the private sector. Not so bad as the private sector has to run a budget surplus system or go out of business in time. The extra money the private sector brings in can be taxed.
    There is no profit to be had from looking after anybody who cannot pay for essential services themselves. Whether it be health, public transport, whatever The poor and the sick would suffer.
    The cost of the private sector is a huge social burden on our country.

    On balance what is the best solution?

    It is clear the only feasible and possible solution that is both economically and socially fair is to have a public service that runs a budget surplus.

    If the government gets tax from the private sector and invests it to fund public services that would ultimately generate profit, then the vulnerable can still be looked after by the state AND we have a profitable Private sector with very little social burden in Ireland.

    So it is time the government rethinks how we do business and aims for budget surpluses instead of budget deficits.

    Why do we assume we have to work on a deficit system?
    Last edited by EUrJokingMeRight; 2nd November 2010 at 09:23 PM. Reason: clarity
    Fianna Fail - The Anti Democratic Party & The Anti Constitutional Party. Traitors of Irishmen and Irishwomen.

  2. #2
    Politics.ie Member
    Join Date
    Oct 2006
    Posts
    2,834
    Mentioned
    0 Post(s)

    Default

    Which is more important, your arms or your legs?

  3. #3

    Default

    Quote Originally Posted by hmmm View Post
    Which is more important, your arms or your legs?
    Your brain, try using it. And stop trying to derail a thread, thanks.
    Fianna Fail - The Anti Democratic Party & The Anti Constitutional Party. Traitors of Irishmen and Irishwomen.

  4. #4
    Politics.ie Member mido's Avatar
    Join Date
    Aug 2007
    Location
    Republic Of Connaught 1798
    Posts
    3,373
    Mentioned
    0 Post(s)

    Default

    then get ruari quinn back as finance minister

  5. #5
    Politics.ie Member
    Join Date
    Oct 2006
    Posts
    2,834
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by EUrJokingMeRight View Post
    Your brain, try using it. And stop trying to derail a thread, thanks.
    I had to switch it off to read your first post, it was like reading a 13 year olds civic's essay.

  6. #6
    Politics.ie Member Raketemensch's Avatar
    Join Date
    Apr 2009
    Location
    Earth
    Posts
    3,119
    Mentioned
    0 Post(s)

    Default

    Trolltastic thread to try to get people fighting. As if there weren't enough of that already.

    FAIL

  7. #7
    Politics.ie Member
    Join Date
    Oct 2010
    Posts
    388
    Mentioned
    0 Post(s)

    Default

    Having a society where the private and public sector work in harmony,is the best way to go.

    As for the deficit,why does every nation think you need to spend more then what you take in? Get rid of the inefficiency in govt and i bet Ireland would have a surplus.

  8. #8
    Politics.ie Member
    Join Date
    Jul 2010
    Posts
    925
    Mentioned
    0 Post(s)

    Default

    There is no evidence to suggest that the poor benefit from the welfare system. Statistics show that after the 30's, then again in the 60's when there was large amounts of increases to the welfare system in American that poverty increased.

  9. #9

    Default

    Quote Originally Posted by Raketemensch View Post
    Trolltastic thread to try to get people fighting. As if there weren't enough of that already.

    FAIL
    No the question is Why do we assume we have to work on a budget deficit system, instead of a budget surplus system you imbecile.

    Simple question for consideration.

    'You' don't have to contribute if you dont wish to.
    Fianna Fail - The Anti Democratic Party & The Anti Constitutional Party. Traitors of Irishmen and Irishwomen.

  10. #10
    Politics.ie Member
    Join Date
    Apr 2009
    Location
    hills of donegal
    Posts
    1,247
    Mentioned
    0 Post(s)

    Default

    If the public sector adopted private sector practices such as not paying too much for services and sacking anyone who isn't up to their jobs. The closing down or selling off of unproductive departments. Then things might be different

Page 1 of 3 123 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •