Editorial 37: Deregulate to grow
In the last meeting of the European Council has designed the EU budget until 2020. The main lines of these budgets are:
(1) Reduction of the EU budget for the first time
(2) Establishment of a fund against youth unemployment.
(3) Reduction of aid to farmers that constitute the Common Agricultural Policy
(4) Reducing EU bureaucracy
This approach implies recognition of the pernicious influence of intervention of the public over the life of each of its citizens: the budget of public spending should be reduced, the bureaucracy and the subsidy should be reduced to a productive sector. These items mean less public spending and in exchange a fund should be created against youth unemployment. Why youth unemployment? Because young people don’t found workplaces because companies can’t create them. And companies can’t create it because the tax rates to pay agriculture policies and bureaucracies, and compliance with regulatory overload take the money necessary to create new jobs.
The above is not only a personal opinion, is the observation of fact. Also David Cameron express “Europe could recover its dynamism. Yet I think we can. Only if we fight for our prosperity and he urged to take decisions on deregulation, the opening of the single market, on innovation and trade”
Meanwhile a new regulation in the Kingdom of Spain creates two new agencies related to the food chain:
(1) Food Chain Observatory that will conduct “monitoring and evaluation of commercial practices of operators and it will notify the competent authority” if it finds breaches with respect as established by law.
(2) Information Agency and Food Control who will establish and will develop the control regime to verify compliance with the terms of the Law; will check reports that are submitted to them and instruct sanctioning procedure to formulate the draft resolution. The functions of both new agencies were assigned, so far, to the Price Observatory that does not disappear and all in the name, according to the Government of the Kingdom of Spain, from the protection of 989,787 farms and livestock and 29,334 industrial supply that there are still.
If Cameron is right and dynamism recovery passes through deregulation. How many farms and
industrial food companies will survive the new regulations in the Kingdom of Spain?