I have two problems with the following proposals
Pork Barrel projects- Look at what it did to Japan- Roads to no where, enviromental destruction, and enlarged beuracracy. Hell, why didn’t Taiwan try this earlier, this seems like their thing. This reminds me of the Rigas clan skimming cash off of their public corporation, Aldephia Communications.
Hiding Debt- Has everyone conveniently forgotton about Enron? Let me get this straight or put it in another light. Your Wife(Taiwan Gov’t) runs up a bunch of home repairs on your house. You, the husband(Taiwan taxpayers), come to find out it was on your credit cards, that she kept hidden from you. You only find this out when you get turned down for a very important loan many months/years after she spent the money.
I might be wrong on these adding infrastructure is important and can add value, but it needs to be the right kind of infrastructure. Does Taiwan need more roads? How about clearing up the ability to do business. Why does Taizhong have over an estimated 1000 illegal businesses? Can none of these become legitamite?
I see a lot of whining about closing businesses and lost jobs, but I see very little in the way of making it easier to start a business and adding transparency to the gov’t. How much easier is it to start a business in The US, Canada or Australia than it is in Taiwan? Why is that? Why does it need to be this way? I think this is the question that Taiwan’s gov’t needs to answer before going hog wild on the credit card.