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Clearly, the response of the Prime Minister for Road Map studied and debated by the Labour Party for the next five years is to offer rain of promises with a view to give the impression that they are similar (such as case of tablets) montage and also more generous. The Labour Party leader Dr Joseph Muscat has already responded and said that the Labour Party will not fall for the game of who offers the most like an auction, the English auction-type known as politics.
It is not my intention today to enroll and examine some promise them deep. But I will answer to the isaqsina to help examine which of these promises and proposals now before us is credible montage and feasible. This is due to the fact that these proposals are basically technical and if you do not have economic and financial background is not easy to assess them properly.
The first principle of economics is simple. In the world there is nothing free. The Americans translate in simple to understand everyone. 'There is no Suchi ain't Thing as a free lunch ". The resources of each country are scarce when comparing with the expectation of their people. So in the life of every country, even rich, the leaders are restricted to making montage a choice. Selecting any time and every time. Have to say "or that or the other" and not "one and the other." This principle is fundamental and many who try to ignore jarralu.
In economics montage there is only one exception. This happens whenever a country manages to increase efficiency montage by way reinvent produce more with the same number of people and machinery had before. montage Another way is when cutting waste and see that people and machinery combined reach their maximum potential, not previously achieved. An example montage of this is when you change montage wasteful old machine to a new fuel less wasteful. Any efficiency gains translate into more wealth. In this case what offset and outweigh montage save expenditure made to make this change.
Many of the measures being announced by the Labour Party are based on rendering and rendering cost tremendously. Both energy plan to switch the power station from oil to gas as well as the scheme of free Child Care Centres are intended to give a big boost or boost the economy. There are some nice gift promised to each family and then will have paid themselves through higher taxes. Two significant proposals of the Labour Party are both intended to increase efficiency and make the wealth and jobs and not taxing more.
The first cut wasteful use oil much more expensive gas, and manages to give more power to the unit. This apart jmarrad less polluting. Each year it is estimated to save 187 million euros. The second montage proposal talk later.
Still remains the question of how one can conclude whether the proposal is credible energy. In one word the conclusion that electricity tariffs could fall by 25 per cent and 5% water, while remaining sufficient to pay the debts of Enemalta pools by Government over the last 25 years.
Let nxebbħu the production and distribution of energy with a car that many of us use every day. The production and distribution of electricity are designed montage to use electricity in our homes for domestic and the workplace to work. The car is designed montage to lead us from one place to another, montage the
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