Published: Less than 40 minutes ago
The moderates want to see a less expansionary fiscal policy in the coming years.
– We need to return to balance, we need to return to surplus, we need to hold back, says the party’s spokesperson Elisabeth Svantesson.
The Swedish economy is facing a situation that we have not seen for a very long time, according to her.
On Sunday, which is the Social Democrats’ day in Almedalen, she held an economic seminar where she warned that politics is blowing on inflation.
– Normally, when we go into recessions, we usually push with both monetary policy and fiscal policy to bring up demand. This is generally not the case to do when we have inflation.
New demands
– This places new demands on economic policy to balance and lead Sweden correctly, not to crack the economy and be too austere or be too expansive so that inflation is blown. This is new and will be much more difficult in the future, says Elisabeth Svantesson.
She sees a risk when the wage movement starts and hopes that the German wage movement, which is ahead of Sweden, will take responsibility because it will make its mark on us.
She also sees a risk of a sharp fall in house prices and hopes that prices will stay up.
No large loans
Svantesson emphasizes that investments that the state makes in the future must be financed, now is not the time to borrow.
– Fiscal policy should not ignite inflation. We need to return to balance, we need to return to surplus, we need to hold back.
– I think that when you set a budget for next year, it should actually be quite neutral.
With regard to the budget in particular, Svantesson believes that one must move away from the situation that prevailed during the term of office, where the government was not sure of getting its budget through. Spending lots of extra budgets risks driving up inflation, she warns.