delphiandomine 86 | 17823
17 Feb 2016 / #151
It's straight from the Morawiecki plan. Surely he knows what's in his own plan?
Just for Greggy :
money.pl/gospodarka/wiadomosci/artykul/plan-morawieckiego-w-ogniu-krytyki-znanego,15,0,2021135.html
Indeed, it's very puzzling as to where this money is going to come from. Forcing the banks to hand over the cash would be straight out of the PRL, and any 100% private business being forced to participate would cause capital to run out of Poland as quickly as possible. That leaves raiding the cash reserves of KGHM and so on - which also decreases their competitiveness internationally.
The article goes on to explain that while the Morawiecki plan relies on half a trillion of EU funding, that also relies on the Polish budget coming up with cash to support the EU funding. There's not much money in the Polish budget to play with, so where's the money coming from?
Likewise, what I mentioned above about Morawiecki not actually having the competence to deal with certain things is mentioned.
This is entirely my point. Morawiecki can make all the great plans he wants, but PiS are busy reimposing heavy controls on private businesses in other ministries. For that reason, the plan is doomed to failure.
Just for Greggy :
Prof. Filar, an economist: With great curiosity looked at the trillion, of which the minister Morawiecki spoke. Much of the funding position of the plan is, from the point of view of an economist, at least puzzling. They included among other things, corporate deposits amounting to over 200 billion zł.
money.pl/gospodarka/wiadomosci/artykul/plan-morawieckiego-w-ogniu-krytyki-znanego,15,0,2021135.html
Indeed, it's very puzzling as to where this money is going to come from. Forcing the banks to hand over the cash would be straight out of the PRL, and any 100% private business being forced to participate would cause capital to run out of Poland as quickly as possible. That leaves raiding the cash reserves of KGHM and so on - which also decreases their competitiveness internationally.
The article goes on to explain that while the Morawiecki plan relies on half a trillion of EU funding, that also relies on the Polish budget coming up with cash to support the EU funding. There's not much money in the Polish budget to play with, so where's the money coming from?
Likewise, what I mentioned above about Morawiecki not actually having the competence to deal with certain things is mentioned.
However, please note that this is another area of competence than the one assigned to Morawiecki.
This is entirely my point. Morawiecki can make all the great plans he wants, but PiS are busy reimposing heavy controls on private businesses in other ministries. For that reason, the plan is doomed to failure.