Tuesday, September 14, 2010

Public Sector Cuts are Needed

The government has, "radical plans to lay off huge numbers of state employees, to help revive the country's struggling economy. More than a million workers would lose their jobs - half of them by March next year. Those laid off will be encouraged to become self-employed or join new private enterprises, on which some of the current restrictions will be eased.

"Our state cannot and should not continue maintaining companies, productive entities, services and budgeted sectors with bloated payrolls and losses that hurt the economy. Job options will be increased and broadened with new forms of non-state employment, among them leasing land, co-operatives, and self-employment, absorbing hundreds of thousands of workers in the coming years," the statement added.

Not the UK, but Cuba!

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