That’s because this government has put 4,700 people on the state payroll and Air Malta
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November 29, 2014 at 7:55pm
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It will take some time but eventually the EU will tell them what to do with their figures. Liars and thieves, period.
And it is showing in the deficit and the national debt.
Iktar ma jghaddi iz-zmien iktar qeghdin nitghallmu nilghabu bin-numri. Bazwar naqa ‘l hemm u bazwar naqa ‘l hawn kif kien ghallimna naghmlu Fredu Sant.
MALTA TAGHNA UKOLL LOOL
State controlled capitalism is called fascism.
There has been no increase in productive employment over the past eighteen months.
The so-called increase in jobs is fictitious and paid for by you and me.
That is exactly why the hofra is getting deeper.
This is nothing new though.
Blair and Brown did the same in the UK for thirteen whole years when two out of every three new jobs were paid for by the taxpayer.
An economy built on debt.
Until the once-great country was for all intents and purposes bankrupt and the Labour government got thrown out.
The problem with Socialism is that you eventually run out of other people’s money. Thatcher.
“U issa nistghu nserrhu rasna li ladarba c-cifri jdoqqu ghal widnejn il-Ministru Scicluna & co., mhux se nghidu li huma fazulli.”
The target is to at least, match the 8,000 put on the state payroll by Karmenu Mifsud Bonnici in 1987.
I think we are missing something here, we’re being told about low unemployment figures but not about high employment figures in privately owned companies.
A new word I heard on 101 this morning – muscatocracy.
Very apt.
An economy built on debt and deceit.
Yesterday I posted this on the thread that listed the amount of government debt.
“Muscat has put another 4,400 people on the state payroll since he became prime minister, and a further 300 on the payroll at Air Malta. The tragic effect of this will be felt in around 2 years’ time.
If these people weren’t put on the public payroll, then we would be looking at record unemployment figures and not the other way round. Now what we are looking at instead is a rocketing public sector wage bill.
The Greek government had done the same thing, and to retain the votes of people they couldn’t employ they upped the minimum wage to €20,000 a year instead.
Will we soon see Muscat increasing the minimum wage, to create a new midilklas?
Ciccio and then we have Karm Farrugia in today’s Sunday Times writing the Edward Scicluna’s wise fiscal moves are decreasing the deficit.