At the end of September at the latest, a draft budget for 2013 will be submitted to the Sejm. Due to the economic slowdown, it may be difficult to implement it, but this does not have to be so. The budget has many safes with funds. We have asked Elżbieta Suchocka-Roguska and Halina Wasilewska–Trenkner, authors of many budget drafts, whether it is possible to reach for such funds.
“The era of optimism dies in the crisis, but in dying it gives birth to an era of pessimism. This new era is born, not an infant, but a giant”. Both optimism and pessimism underpin the fluctuations of business cycles. This is what Wesley Mitchell, the father of research on business cycle wrote in 1927. Almost a century later, little has changed, which also applies to our country.