The impact of 1,000,000 new jobs reduces the negative impact of Brussels' Russophobic sanctions. The more we work, the more money we have to maintain low taxes, raise subsidies, wages and pensions. Orbán prepared the country in advance for crises!
We don't agree with all the measures and actions of the government either (and, unlike others, we can do this because we are not paid sycophants like the subsistence Fidesz who attack us wildly), but the facts are the facts, and it's a shame to dispute that.
The goal of the corrupt politicians in the West is not to punish Russia, but to rob the European people! We lived too well! They don't need citizens living in prosperity, with their own opinions and existence, but poor, vulnerable and thus controllable slaves!
They want to make the car, own home, vacation and other things only the privilege of the elite, everyone else should work to be able to EAT and eat to be able to work.
Over the past year or a half, energy market prices have risen explosively.
The rate of increase in energy prices has taken on shocking and terrifying proportions, which also affects inflation, the performance of individual European national economies, and their economic growth at the international level.
The data and the processes of recent years show that the continent cannot prevent these fluctuations and crises.
While the United States of America and countries in the Far East typically quickly overcome certain waves of the crisis, the European Union suffers a larger loss, so that in the meantime its share in the world economy, i.e. its power, is constantly decreasing. This is a consequence of continuous crises, as the process began with the economic crisis of 2008, followed by the migration crisis, and then the coronavirus crisis, the economic effects of which sent the international economy to the floor again.
The epidemic has upset the usual order of the global economy, supply chains have been damaged. The economy of the union decreased by 5.9 percent in 2020.
The fragile economic situation took shape in the fluctuation of energy prices. That is, by the end of spring last year, the EU had barely overcome the crisis caused by the epidemic situation, and immediately had to face an unfolding energy crisis, which was only compounded by the war situation that broke out in February. We can see this clearly in the rise in the world market price of electricity and gas, a war-like inflationary situation has developed.
In the case of electricity, by examining the stock market prices, we can determine that compared to the one-year forward price established for May 2021, which was 60.4 euros per megawatt hour at that time, the price level was 515.4 percent higher (371.9 euros per megawatt hour) on July 6.
The available data also clearly show that the Russian-Ukrainian conflict only added to this brutal price increase, as the price of electricity increased by 128.3 percent compared to February 2022.
In the case of gas, looking at the Dutch stock market prices, we can also see a sharp increase. Compared to the one-year forward price established for May 2021, which was 21.6 euros per megawatt hour at the time, the price level is now 650.3 percent higher (162.3 euros per megawatt hour), Világgazdaság reports.
The impact of the war on gas was similar to that on electricity. Since the Russian-Ukrainian conflict, the price of gas has increased by an additional 157.3 percent.
Overall, we can say that the price of electricity rose by 515 percent in just over a year, while the price of gas rose by 650 percent in the same time frame.
Sectors that achieved significant extra profits during the crisis also contribute to the maintenance of the overhead reduction by paying the extra profit tax in the spirit of fair public burden-bearing.
It can also be seen from the explosive increase in the world market price of electricity and gas that the current inflationary environment is to a decisive extent, approximately eighty percent, of foreign origin.
It is also quite clear that this war-fueled energy price explosion - in addition to drastically increasing inflation - causes an enormous amount of uncertainty, which also has a clear and significantly negative effect on the exchange rate of the forint.
The overhead reduction helps us. We are not rich, but we are not rich either, we think we are an average family. And you? Comment so DK can see it too!
Retail sales data for the first four months of 2022 are available. This shows that in the January-April period, the volume of retail trade was 11.8% higher than in the same period of the previous year.
It is important that we look at a volume index that filters out price changes, i.e. we indicate to our libs readers that inflation in this case also covers the same unprofessionalism as at any other time. Obviously, the beginning of 2021 was a bit weak, because the restrictive measures due to COVID at the time slightly reduced the retail turnover, so the minimal decline from a year ago distorts the numbers a bit. Even taking this into account, it is mind-boggling that the Libs continue to lie about deep poverty and open scissors.
Part of the 16.7% increase in March and the 15.8% increase in April is probably also due to the February tax refund for those raising children. The turnover of food also increased minimally, but the consumption of non-food and fuel increased only significantly.
So despite inflation, people have so much money and wages are rising to the extent that we buy more. In other words, "snakes snake", just not where Feri thinks, but in shops.
Fuel price stop, overhead reduction, family tax credit, youth tax exemption, pension increases, premium, 13th month pension, family tax refund, food price stop (6 products), increase in minimum wage, extension of NICE card, etc. - just some of the government's measures to help people to go through this period, for which we thank you again!
And those who are dissatisfied should understand that the government does not have its own money - they have their common money, so whoever wants more support will also describe where and to whom they would raise taxes, because if spending increases, revenue must also increase. .
For our part, we supplement the positive impact of the listed measures, which partly affect us, with the vegetables and fruits produced in our garden. There is a lot of work to be done with it, but it is worth it. We will make a mosaic of this year's fruits in the autumn🫐🧅🧄
We wish everyone endurance, a lot of strength and health! We can only overcome difficulties together!
We thank Fidesz and Viktor Orbán personally for their help! If anyone knows the Prime Minister personally and they sometimes talk, give him or her thanks to the Founder of Numbers. And the libs who criticize the measure will certainly be in a very good financial position, if such amounts do not matter to them, it does matter to us.
Libsik! 8 full flames come out of the difference! (We measure it in flames, because that's what they're doing right now)
We also feel like we’re paying more in the store, but we’re not making the mistake of being a left-liberal who has no idea what a shopping cart is and just grabs the price of food.
Although we do not follow our own consumer basket for HUF, we do know the general CSO basket. Inflation was 8.5% in March, while we paid 13% more for food than a year earlier, prices for services rose 6%, while prices for household energy remained virtually unchanged due to overhead cuts.
At the same time, the regular average monthly income was 15.5% higher in March than a year earlier. This represents a 6.5% increase in real wages (115.5 / 108.5) for March. The CSO calculates a higher value because they are based on the total monthly gross and not the regular one, but we were not so brave.
The minimum wage increased from HUF 167 thousand in 2021 to HUF 200 thousand, and the guaranteed minimum wage increased from HUF 219 thousand to HUF 260 thousand by 2022. This 19% increase is higher than the 15.5% increase in the average wage, ie the real value of the minimum wage and the guaranteed minimum wage increased more than the average wage.
As a result of this buoyancy, it can be said in general that the wages of the lower earners have increased more than those of the well-earned, i.e. the scissors are closing. It is easy to imagine that the wages of the neoliberal brain dead, who are already living in luxury, and bursting at the vanguard of telex stupid children, have risen by only 8%, so that instead of 300 thousand forints a month, he can only spend 280 thousand on his hobby.
The rate of inflation is already known for April and May, but wages have not yet been announced by the CSO.
️Here is a very good article about how lame the EU leadership is and how much they do not understand the world. With the sanctions, we did not harm the Russians, but ourselves.
️Even some libs voted for Fidesz because they can count their own money!
We also know one such person, who said after the election that although he did not like Fidesz, he had a lot of government securities and was afraid that he would not get his money back if the left came to power, which is why he voted for Fidesz. Orbán said well, even those who do not vote for us will do well with us, and those who vote for them will do well with the left.
The Hungarian government has been opposed from the outset to Brussels' proposals for sanctions on Russian energy supplies, as they would cause significant damage to Hungary. The measures supported by the Hungarian left would make it impossible to maintain overheads and a petrol stop, which would drastically increase the burden on Hungarian families. At the end of the century, in the absence of the overhead reduction - that is, if world market prices prevailed - how Hungarian public utilities would have developed in May.
Recently, several left-wing politicians and opinion leaders have highlighted Brussels' energy embargo proposals, the research recalls.
András Fekete-Győr, the leader of the Momentum faction, explained that if the left had ruled, Hungary would have "joined the oil embargo anyway" following the Bulgarian example, while Jobbik's MEP Márton Gyöngyösi believed in the sanctions package in Brussels that " The proposed sanctions are good and effective. " Bence Tordai, the leader of the Dialogue faction, interpreted the Hungarian government's efforts to obtain an exemption from the oil embargo as "blackmailing the EU after 12 years of guilty inaction," and Péter Balázs, a former left-wing foreign minister, the sixth sanctions package in Brussels would be adopted.
We must see clearly, the End of the Century writes, that in the absence of an exemption from the oil embargo, it would have fundamentally endangered the functioning of the Hungarian economy, guaranteed the country 's energy security, and made it impossible to preserve the fuel price halt. At the same time, these left - wing manifestations are less surprising in light of the long - standing attacks on overhead cuts and petrol stops by left-liberal parties and politicians, so embargoist views can be seen as an integral continuation of their previous policies.
Among other things, Péter Márki-Zay, the former prime ministerial candidate of the coalition on the left, said earlier that we did not want to maintain the form of overhead reduction that Viktor Orbán had invented, while calling the fuel price stop a “wrong solution”. Similarly, former Prime Minister Ferenc Gyurcsány simply called the overhead reduction “stupid”.
Applying market prices would lead to a drastic increase in overhead costs
If the left were to rule in Hungary and the officially fixed overheads were eliminated, electricity tariffs would more than triple, while the price of natural gas services would increase five and a half times.
The introduction of market prices would thus lead to a total cost increase of four and a half times in an average Hungarian household.
In practice, this would mean that - without the overhead reduction - the electricity consumption of an average Hungarian household would increase by HUF 9,000 to HUF 30,000, while the natural gas bill of HUF 13,000 would increase to HUF 71,000.
Thus, the total overhead bill would increase from HUF 22,000 to HUF 101,000 per month, which would cause an additional cost of HUF 79,000 and more than HUF 948,000 per year to an average Hungarian household, the End of the Century calculated.
We should also emphasize that in addition to the additional costs of overhead market pricing, if the official price cap could not apply to petrol and diesel as a result of the oil embargo, Hungarians would have to pay an average of HUF 21,000 more for fuel in June, based on their average monthly fuel consumption of 76 liters. .
Political gambling by the left would significantly increase the burden on families
The energy consumption of households is greatly influenced by the number of people living under one roof, as the more people make up a household, the higher the energy consumption for both electricity and natural gas, the research says.
The increase in prices caused by the introduction of market prices would thus be more detrimental to households, especially those with large families.
In the absence of the overhead reduction program, the monthly expenditure of a one-person household on electricity and gas would increase from HUF 16,000 to HUF 72,000 (this would mean an additional expenditure of HUF 56,000), while the fee would increase from HUF 28,000 to HUF 126,000 per month for a four-person household.
A family of eight (for example, a multi-generation) would have to pay HUF 138,000 higher if the official overheads did not apply.
It is also important to point out that, with the reduction of fixed prices, hundreds of thousands of households would have to give up adequate heating, lighting and the use of technical equipment in their homes for financial reasons, which would lead to significant social tensions. If the price of electricity and natural gas were to increase four and a half times as a result of market pricing, the direct consequence would be that the current 4.2 percent energy poverty rate would rise to about five times, nearly 22 percent, by the end of the century, ie one in five people would become energy poor in Hungary.
As a result of the proposal on the left, 900,000 households, or about 2.1 million people, would have to give up the comfort of a sufficiently heated home, the End of the Century writes.
This is also worth reading: Hard times are coming: a brutal resource crisis is coming, the foundations of our well-being will be shaken
The overhead reduction helps us. We are not rich, but we are not rich either, we think we are an average family.
And you? Comment so DK can see it too!
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️History:
️Six shocking figures of how the embargo is not working
https://bit.ly/3xwAbNN
