"Economic Policy Review" BulletinISSN 1313 - 0544
What Can and Cannot the Caretaker Government Do
The caretaker government was appointed and on the very next day calls for spending were (over)heard – to borrow money and to increase incomes. It is even hard to track who is making such arguments – the Bulgarian EU Commissioner, for instance, occupied the media with this proposition, and then renounced the statements. It’s a fact that such populist arguments always appear in the public debate when there’s a vacuum for ideas. In a case of a new government, a new budget law or a revision of the budget being voted, an anti-crisis program being debated or a caretaker government appointed, there is always someone to start talking about debt and spending. There are people who believe in the mantra that spending money we do not have will make us wealthier. There are also outright populists who expressed such opinions in the last couple of days.