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That 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 gove
by phpisthebest 4y ago
That 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