New cabinet not aiming to redistribute wealth, says finance minister
Redistributing wealth is not the main aim of the new government, finance minister Jeroen Dijsselbloem told the upper house of parliament on Tuesday afternoon.
‘What is imperative is that the enormous bill for the crisis is divided in a socially justiified way, and this should have a progressive tint,’ he said.
The minister was speaking during the senate debate on the financial implications of the coalition agreement.
He refuted the charge that the government is making damaging cuts by making savings of an extra €16bn in this cabinet period. He said the savings will lead to fewer jobs and lower economic growth, but said the difference will be small. ‘We are doing it carefully.’
He also said the cabinet will look for more cuts if the budget deficit again rises above the EU norm of 3%.
Dijsselbloem’s comments contradict those of Labour party chairman Henk Spekman who told the party congress last month ‘redistributing wealth should be celebrated’.
Is Dijsselbloem right? Let us know using the comment box below.
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