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Pretty much every major economy is messed up at the moment. The snap-back from Covid has swung our economies all over the place. I'm a Brit and we're in just as
by simonh 4y ago
Pretty much every major economy is messed up at the moment. The snap-back from Covid has swung our economies all over the place. I'm a Brit and we're in just as much trouble over here. Would another government in power, here or over there, really have done better? If we'd had the left in power here and the right in power in the US would it really have changed the course of our economies? I don't see it.
- phpisthebest 4y agoThat is not really the issue I am addressing which is more around politically bias and spin by the media and persons in government than about if or how the government can help or harm the economy Given the imperfect information, and the delay in gathering that imperfect information IMO governments attempting to "change" the economy is generally for the worse, and economies get better, faster when there is little or no government manipulation to them. In Short, the best thing the government can do is get out of the way and let the market work. Sadly both the government, and the population want to believe that there is "someone" in control, so they look to government to solve the problem. This is also why conspiracy, and religion are so prevalent. People in general can not accept chaos or randomness, thus someone has to be in charge. at every level pulling the strings and causing the outcomes we see
- mmmpop 4y ago> I'm a Brit and we're in just as much trouble over here Yeah and Boris Johnson resigned. About 70% of Americans wish the whole Biden administration would do the same!