National Budget

P. Samarasiri-Thursday, October 25, 2018

Everybody wants the support of the government to have a good life. On one hand, economists recommend the government to fix all macroeconomic ills whether it is general inflation or high cost of living or low economic growth or balance of payment (BOP) deficit or currency depreciation or unemployment or household income disparity or elephant attacks (or human attacks on elephants) or recovery from wars or disasters (floods, droughts, earthquakes) or social backwardness. On the other hand, they all find the government as the scapegoat for all those ills, social and economic. Everything we tell the government to do or what it does will end up in the national budget, mostly as expenditure and debt, as things we propose for income are virtually rare.

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