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Levica Slams the Budget Rebalance: The State Spends More Than It Produces

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Levica Slams the Budget Rebalance: The State Spends More Than It Produces

The Levica party is sharply criticising the proposed budget rebalance, calling it proof of the government's flawed economic policy. According to them, the rebalance widens the deficit with no clear development strategy and no visible long-term effects on the economy.

The criticism boils down to a single question - why spend more than you produce. A rising budget deficit is not in itself a scandal; every state sometimes spends more in a given year. The problem arises when the extra spending does not go toward investments that pay off, but toward plugging current holes.

Levica calls the rebalance „political survival on public money" - a sharp phrasing, but one that touches a real fear. When governments rebalance budgets before or during sensitive political periods, there is always the suspicion that the money serves to buy peace rather than to build a future.

The government, of course, has its own explanation - that the rebalance is a necessary adjustment to reality. The two readings cannot both be true at once. The question for the citizen is simpler than the political sparring: if the state borrows again, who pays the debt back, and when? Because the deficit does not disappear with a vote - it is merely passed on to a bill that arrives later.