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The excessive debt everywhere led to financial crash. Economy of some the countries,
Including Bolivia, Argentina, Chile, Brazil and Israel, during the last
Years collapsed unreasonable debts, a currency issue and prompt
Inflation. If rates of increase of percentage obligations of the federal
The governments will advance still rates of increase of the state
Incomes also Canada will not be insured from a similar fate.
The reason of budgetary deficiency is not secret. Members of parliament like
To spend money for the programs, giving pleasure to voters. In that
They do not like time to increase the taxation, as in this case
Costs of voters become appreciable. The public debt is
Convenient alternative to current taxes - it hides costs and removes
Them on the future.
"The deficiency problem" is a problem of political system. Scarce
Financing - natural generation unlimited democratic
Decision-making procedures. Not constrained the constitutional norms or
Proof belief of a policy, naturally, will use the scarce
Financing to hide from voters costs of the programs.
The politics tricks indulging group interests, increase expenses
Treasury. At the Canadian parliament everyone, for example, from 295 members is
The powerful bases persistently to defend expenses, its bringing benefits
To voters, and there are not enough bases to object to the expenses offered
Others. The legislator who will try to play a role "a sentry dog" in
Question of budgetary expenses, will draw upon itself discontent of colleagues,
Supporting special programs for the voters. That even more
Important, benefits (for example, decrease in taxes or falling of interest rates)
From reduction of expenses and deficiency reduction will be distributed by the thin
Layer between voters of all districts. Thus, to voters,
Supporting this or that member of parliament, will get only small them
Shred [we Will notice that named above benefit from reduction of each separate
Articles of the State expenditure will be not only are rather insignificant, but
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