Chasing Fiscal Responsibility? This Is What We Should Be Doing

Stem the bleeding of money to these underserving parties

Unfortunately, however, money isn’t free. Burdened by the need to carefully balance fiscal policy (spending and taxation) and maintain a sustainable national debt/reserve, governments are unable to disburse funds to every single ‘need’.

Instead, governments have to prioritize. Depending on the direction and political leaning of the governing bodies, leaders of every nation have to decide where their limited funds can go.

And yet, even after much deliberation, the reality is that many governments all around the world still end up sending money to undeserving parties.

Amidst the many areas of spending, a large part of fiscal policy is directed at helping large corporations that are perfectly capable of funding their own development.

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