Ap: Too little, too late to record high unemployment
The budget confirms that the Conservatives and the Progress Party has bad management of the economy and that they have long underestimated unemployment, says Labour leader Jonas Gahr Støre.
– This has meant that we have lost time and come late to the measure, said Minister in a comment on the revised national budget.
Minister stressed that unemployment is something that can go up quickly, but slow down.
– why it’s so important to get going early with effective measures. With 135,000 unemployed and halved growth in the Norwegian economy, it is clear that government policies do not work. They take the whole ten billion from oil fund, but less than a tenth of the increased spending will continue going to the effort against unemployment. Government has considered the economic situation wrong, and they have spent the money wrong, he said.
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OR-Valentine: – A decent revision of a bad budget
The revised national budget keeps Norway on course in the wrong direction, says SV deputy Snorre Valen.
– This is a straightforward revision of a bad budget. We are still heading toward greater inequality and greater unemployment. There are some decent action against unemployment here, but they are too few, too small, too little future-oriented and too little green. This is a steady course in the wrong direction, says Snorre Valen, deputy head of the SV, after seeing the government’s revised budget.
Valentine believes that even in the revised budget is a general lack of future and green color, similar to the original budget.
– You could have invested more and greener, such as the railway, well plugging, construction of coastguard vessels and all the industries we will live in the future, which could leave more work to many now, says Valentine.
LO: – Poor management of oil Spending
LO believes the revised state budget shows poor management of oil spending and weak efforts against unemployment.
– We have big challenges in the labor market, both in the short and long term. Then we need to spend the money on what seems education, employment and other measures, says LO leader Gerd Kristiansen.
– We can not continue with billions in tax cuts to those with the best, with questionable impact on employment and income. In addition, the government much more oil money than it has assumed, says LO boss.
In a press release writing LO that unemployment is now higher than at 20 years and that the number of people of working age annually increases by 40 to 50,000 people.
Kristiansen believes it is good that the Prime Minister has expressed agreement with LO and NHO that expertise and vocational is the most important.
– The problem is that the government lacks the money to invest in vocational training, skills and inclusion. The big money is spent on tax cuts, says Kristiansen, who also believes that the government is not doing enough to help the oil industry, which is experiencing its deepest crisis in years.
– Layoffs are commonplace, and many families especially in the Southwest region is affected. We know that the crisis is temporary, because oil prices and investment is far below what’s estimated long-term level. Industry needs help here and now, turn Kristiansen fixed.
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KrF happy with increased oil spending
Chairman of the Finance Committee of the Parliament, Hans Olav Syversen (Chr), is positive that the government will spend 10, 4 billion more oil money this year.
– Given the cooling we see the Norwegian economy, it is necessary to stimulate the economy. This indicates a slight increase in spending will continue. Nevertheless, it is used far less than 4 percent of the fund such guideline proposes. The estimate is 2.8 percent for 2016, still significantly below 4 percent, he said.
– It is positive that the government focuses on maintenance in municipalities in Southern and Western Norway, completely in line with Christian Democrat proposals before the budget presentation. But it needed more funds to the scheme.
Extraordinary maintenance works fast, provides employment in the private sector and it saves us costs in the future. Moreover, we need a stronger effort to fight youth unemployment, says the head of the Finance Committee, Hans Olav Syversen (Chr).
Syversen believes it is necessary to increase apprenticeship subsidy, so that young people with vocational easily get into the labor market. He also points to increased funding for in-house training will be a tool to prevent unemployment and layoffs.
Left miss green solutions
Left believes the revised national budget contains few traces of green growth.
The party believes it is good that the government is targeting its efforts to meet unemployment in Southern and Western Norway through a variety of concrete construction projects and initiatives but is concerned that the government is funding this through increased oil spending and cuts in climate.
– It is reprehensible that few measures help to increase the Norwegian business sector’s competitiveness in a market that is increasingly demanding green solutions. To ensure increased value and more jobs while we get down greenhouse gas emissions, are two sides of the same coin, says finance policy spokesman Terje Breivik.
He says Liberals are very skeptical that the government add up to a record high oil spending instead of real changes in priorities through restructuring of public sector and cuts in bureaucracy.
– This is not sustainable in the long term, and the risk is high that we sent the bill to future generations, says Breivik.
– For Left becomes important to strengthen measures to make it easier and more profitable for businesses to invest in green technology and green jobs.
Naturvernforbundet: – Frightening much oil
The government adds another 50 million on the table to oil related technology. Disturbing and disappointing turn Naturvernforbundet and Abelia fixed.
– When the goal is to realign ourselves away from fossil fuels, it is frightening, and completely wrong medicine when the government responds with even more money to oil-related technology development, says union leader Lars Haltbrekken.
The government has revised National decided to allocate an additional 50 million to the program Demo 2000, which supports technology projects in the oil and gas industry.
– Revised budget was a good opportunity to invest in the green shift. Instead, you continue in the same fossil tracks, untouched by the effects of climate, says Haltbrekken.
There are color blind to not bet as much on climate research on oil research, believes industrial policy director Hilde Widerøe Wibe of Abelia, which are Business Association of knowledge and technology firms.
– It is important to short-term measures that meet unemployment in the oil and gas industry, but the government must manage community resources in a much greener direction, she says and adds:
– Prime Minister Erna Solberg (H) in recent months has been on a number of stages and talked about green restructuring. Then it’s disappointing that it does not come more clearly in the revised national budget.
The oil industry: The activity on the Norwegian continental shelf must be maintained
The government’s oil spending shows that the oil industry needs both increased area and the activity on the Norwegian shelf is maintained, says Karl Eirik Schjøtt-Pedersen in Norwegian Oil Industry Association.
In the proposal for the revised national budget, the Government plans to expand oil spending by 10.4 billion compared with the budget proposal in autumn. Unemployment increased spending on immigration and integration, as well as lower tax revenues give an oil spending totaling 205.6 billion in 2016.
– This shows the significance of revenues oil and gas industry brings in. It also shows the importance that we in the coming years maintains the activity on the Norwegian shelf that can ensure the Norwegian welfare level, says Karl Eirik Schjøtt-Pedersen, CEO of Norwegian Oil Industry Association.
– The industry needs increased surface area to ensure the Norwegian economy in the future. Therefore it is important to implement 23. licensing round and initiate environmental impact assessment of the waters off Nordland and Troms. No other country has the opportunity to meet increased unemployment, increased immigration and falling tax revenues to Norway can with their accumulated oil revenues, says Schjøtt-Pedersen. (NTB)
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