There might be an uptick in inflation, but literally no economic theory thinks government spending "crashes" the economy. Were the justifications of austerity always this self-evidently wrong? Like I feel they typically at least try to be compatible with their own economic theory lol.
the_dunk_tank
It's the dunk tank.
This is where you come to post big-brained hot takes by chuds, libs, or even fellow leftists, and tear them to itty-bitty pieces with precision dunkstrikes.
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Were the justifications of austerity always this self-evidently wrong?
Yes.
But usually they also use the subterfuge of comparing a sovereign nations budget to a household's finances. "If you're family is in debt, you have to cut spending. That is why nan needs to die in the cold. It's basic economics. There is no alternative. The problem with socialism is that you eventually run out of other people's money. "
"The economy" is the ultimate citation. It is a magical oracle that cannot be questioned and can be used to justify any action. No supporting evidence necessary.
The budget must be balanced. The markets need to be sated. We must heal the economy. Your nan has to be sacrificed.
Hurting "the economy" is a privilege only the right can have.
Brexit? Yeah it was bad for the economy...but you see it was WORTH IT because we needed more good vibes! The libs weren't sufficiently owned!
Housing crisis? Yeah this hurts the economy....but muh property values! Are we really going to pick our kids having an enjoyable 20s over property values? It's worth it! (Although come to think of it, I'm not sure if this is an Americanism or something in general among the west but there seems to be this line of thought that goes 'ehh, the young people will pay for it! So let's do it!')
waiting for Labor to have a single policy difference from the Tories
They taxed public schools (these are private schools, England is weird) raising tuition while also slashing funding for state schools. They are also banning smoking in pub gardens.
It isn’t good, but I don’t think the Tories would have done either of these. If they had reinvested the extra tax revenue into state schools that would have been good, but they are probably going to spend it on border security or bailing out private companies that they’ve sold out public utilities to.
they don't want to govern so fucking bad
The tories temporarily doubled the winter fuel payments I thought?
Labour, you weren't in power when that happened, WHY ARE YOU APOLOGIZING FOR YOUR ENEMY'S MOVES???
Of course, we know they're actually pre-apologizing for the even worse cuts they're going to make this coming winter, but still.
uniparty strikes again
But fake opposition parties only happen in bad country.
As we all know, it's not surprising. "Labour" parties in the imperial core are all captured by liberalism. They all represent a faction of the bourgeoisie.
That's a good point
your 88 year old meemaw didn't freeze to death, she should have thought of the .
The god of the line is an angry god and only blood will satisfy him.
The entire winter fuel allowance program was projected to cost £2bn this year, that's including all the ones they're still not cutting.
They're sending £3bn to Ukraine a year "for as long as it takes" and that doesn't even include all of our expenditure in that country or the general ramp up of weapons and information warfare against Russia which is an enormous figure no one will confirm.
This car will crash if at least one of its passengers doesn’t drop dead ASAP
the grownups in the room had to make the hard decision okay?
When they trotted out all of those old people during the pandemic to volunteer their lives 'so the american way didn't die' it was just ahead of its time
What, do you want PEWWTEEEN to win?
Meanwhile they just did the largest deportation in recent British history
If we don't keep sacrificing the elderly on the altar of profit, Huītzilōpōchtli will cause the line to go down!