well if you look at the north economy as a whole squeezing the pub sec seems on the agenda
but is it mere vehicle or prime objective
the ratio norms for an optimal MNC dominated national system
may well call for a relatively smaller transfer system
but i doubt it
look at the present array of institutional arrangements
lots can be done thru either
pub sec transfers or corporate or union mediated transfers
hey a loan is a transfer just like a grant
a tax no worse then an interest payment
in particular i doubt the social "wage" is too big even in nordic systems
or the auto stabs too effective
the reserve army seems well enough managed despite these socialized transfer systems
but hacking away at the over head cost of education and health ???
sounds "sensible" eh ???
