| HappySqurriel said: What is so wrong with governments cutting spending, and using the savings to pay down debt? |
Cutting spending is one way off reducing government spending by cutting inefficient public sector jobs and privatising public services for short term funds to pay back debt. Transport, utilities, national parks and government housing can be sold off to the highest bidder. Reduce public sector, increase the private sector and everyone is better off.
Public assets can be sold off by governments as well to multi-national companies for the highest bidder. Privatisation offers freedom and choice to consumers. More competition can be encouraged by selling off public assets to multiple competing multi-national companies. Multiple companies can compete freely against each supplying water to consumers on a free market.
