@arcoles4 Tell that to japan, decades of fiscal austerity has lead to stagnation and now Japan has fallen from their position as second largest economy in the world, despite readily available cheap labor in nearby china. If we don't pull ourselves out of this mess (particularly while interest rates are so low) we will regret it for decades to come. Jist look at the recent investment figures that show a drop in local investment and increased international investment.
Spoken like a true radical socialist! Learn the truth: That government is best which governs least.
arcoles4 1 year ago
@arcoles4 Tell that to japan, decades of fiscal austerity has lead to stagnation and now Japan has fallen from their position as second largest economy in the world, despite readily available cheap labor in nearby china. If we don't pull ourselves out of this mess (particularly while interest rates are so low) we will regret it for decades to come. Jist look at the recent investment figures that show a drop in local investment and increased international investment.
iandangerest 1 year ago