the Government must pay the danes ‘ frozen holiday pay up in order to print checks for specific befolkningensgrupper.
this was the clear message from økonomiprofessor Torben Andersen, who is chairman of the government’s economic expert group in the Politiken newspaper on Sunday.
Now, backed up by the Danish ministry of Business chief economist Tore Stramer.
– It costs basically don’t state anything, it is a solution which works quickly, and you get so much money out that it would be able to make a very noticeable difference and will be able to stick your hand under a great many jobs, says Tore Stramer.
The summer package, which the government is on track with, according to the chief competition economist for a more expensive option for society in the long term.
– It is just a more expensive solution for the state in that it is then not some money, which the state will be again. It is also, therefore, that feriepengeordningen is so attractive. You do not have to check and burden the public budgets in the long run, as they get the money again, when that employee goes on pension.
Overall, the run of the frozen holiday pay up in approximately 100 billion dollars. If they were paid would be 45 billion dollars to smoke back in the treasury with the same.
– in Addition, the danes also use some of the money on consumption, and it will provide some receipts and supporting employment, so the government should spend less money on transfer payments. Most importantly of all we get the time in the consumer spending and we’ll held your hand during many thousands of jobs, says the chief competition economist.
– We have figured that if you pay the 100 billion dollars at once, which will give the danes 55 billion dollars, and if they choose to use 60 percent of the money on consumption, then it will be able to save the 32,000 jobs. It is well to notice primarily jobs in the hardest-hit sectors in the retail trade, restaurants and hotels.
According to the chief competition economist, it has not previously given sense to pay holiday pay during the crisis, when companies have been ordered to keep closed.
– So would the danes just save the money up. So it is important to time it with a time, where the danes already on the way back in stores and are being opened up. That is where we are now.
the Challenges have also been that the money has been lying with the companies. So if the money was paid by the companies before the time, before the employee in question resigns from the labour market – it is many money for companies, which are already in crisis. And it would, according to Tore Stramer be a really bad idea.
– in Order to solve the problem, the state may borrow money to the companies and thereby finance the payout. It is, many agree, is a good, inexpensive, and effective solution to get funneled some money to the danes.
however, It can arouse the concern of the chief competition economist will, if you pay out all the money at once.
– From experience we know that when you pay out very large sums of money, then there is a greater risk that you choose to save the amount up up to consume. It can resolve by paying the money in some installments. We know historically that the danes have been diligent to use the amount up to 20,000 up to save up, tell the Tore Stramer.
