RE: | SLC-S29/W3—“Thinking and Ideas! | Seeing Problems Differently!”
Hi @peacemike , Your points are very interesting as solutions to financial problems.
First: Saving is possible if a family is not hindered by inflation in meeting basic needs. However, saving or investing is important if excess money is only used to fulfill lifestyle desires, not needs.
Second: The government should not only support entrepreneurship and act as a good and diligent tax collector, but also provide tax refunds in the form of capital subsidies for small businesses, skills training, and support for quality education.
Bureaucratic corruption is an attempt to condemn the common people to live under inflationary pressures. Limited employment opportunities and the imposition of minimum wages are consequences of a lack of transparency in tax management and utilization.
Higher positions should not be guided solely by statistics and budget realization figures. They should also cut down on convoluted and lengthy administrative systems, as this makes the bureaucracy vulnerable to abuses of people's rights.
May your contest get the best response in this challenge. 🙏
Thank you @ridwant for your smart comment on my post and giving your thoughts on my opinion I sincerely appreciate this.