4 ms·
Having society dependent so heavily on such a tiny fraction of the population makes it particularly vulnerable to events that affect that tiny slice. Especiall
by fedups 10y ago
Having society dependent so heavily on such a tiny fraction of the population makes it particularly vulnerable to events that affect that tiny slice.
Especially for governments that are bad at long term planning for tougher times.
- lintiness 10y agoif we had government that spent as a function of some trailing average of tax receipts (it could be a greater than 1 multiplier), we'd have built in responsibility with a counter-cyclical kicker. makes way too much sense for politicians who want control.