Thursday, January 10, 2013

Significant number

According to the European Union, almost one third of Hungarians (31%) are at risk of poverty. The EU average is around 24%. The survey was conducted by Eurostat. The highest risk of poverty figure was Bulgaria at 47%. Romania and Latvia were at 40% and Lithuania was at 33%. Hungary tied Greece for 31%.

Editor's Note: The Hungarian Socialist Party (MSZP) was in office for three terms since the fall of the communist regime in Hungary (1994, 2002, 2006). They had "plenty" of time to improve the economic situation of the Hungarian people. Instead of getting involved in spending "controversies" at national and local levels of government in the country and selling out Hungary to global interests, they could have actually done something for the people of the country. 

The conservative Fidesz government inherited a system of out of control spending by the Hungarian left when they got back into power in 2010. Things are now being set straight in Hungary economically and things are starting to look better. Hopefully, the Fidesz government can get another majority and continue setting Hungary down the right path economically. I end by quoting the former leader Ferenc Gyurcsány of the socialist party.

"There is not much choice. There is not, because we screwed up. Not a little, a lot. No European country has done something as boneheaded as we have. Evidently, we lied throughout the last year-and-a-half, two years. It was totally clear that what we are saying is not true. You cannot quote any significant government measure we can be proud of, other than at the end we managed to bring the government back from the brink. Nothing. If we have to give account to the country about what we did for four years, then what do we say?"

Ferenc Gyurcsány 
Balatonőszöd, May 2006