As history shows, economy of each country after a period of prosperity turns into recession and vice versa. Time of recession, irrespective of the political system, is the hardest period for authorities. They have to go with the general dissatisfaction of public and must make difficult decisions that may be hard to accept for majority of citizens. Governor Chris Christie and David Leonhardt in his article: “Union Contracts, Not Pay, Are States’ Problem” demonstrate necessary, but hard to accept by most part of the society “toolkits’ to cure broken budgets of New Jersey and the United States. Cutting benefits, decentralization of power and eliminating irrational expenditure is the most effective way to get out of recession. And this is how to do
As history shows, economy of each country after a period of prosperity turns into recession and vice versa. Time of recession, irrespective of the political system, is the hardest period for authorities. They have to go with the general dissatisfaction of public and must make difficult decisions that may be hard to accept for majority of citizens. Governor Chris Christie and David Leonhardt in his article: “Union Contracts, Not Pay, Are States’ Problem” demonstrate necessary, but hard to accept by most part of the society “toolkits’ to cure broken budgets of New Jersey and the United States. Cutting benefits, decentralization of power and eliminating irrational expenditure is the most effective way to get out of recession. And this is how to do