Sun, Dec 02, 2012 - Page 8 News List

EDITORIAL: More debt is not the only solution

The challenges over the two amendments allow room for a review of the nation’s fiscal health under an electoral system in which politicians tend to make unfulfillable promises to voters, leaving the nation’s financial burden to future generations.

The central government should be prudent in spending taxpayers’ money and local government heads and their political allies should learn to consider options other than debt-financing.

However, Taiwanese should be smart enough to understand why they do not do this.

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