10-20-2022, 05:12 PM
(10-20-2022, 04:23 PM)hollodero Wrote: Oh I agree, it most certainly was, and it's similar in Europe probably. Especially the massive Corona aid packages. It makes sense they fueled inflation.
But even so, I still don't know if not handing out massive aid would have been a viable alternative, it might have been the end for a lot of businesses, potentially causing an even more severe recession. I sure don't know, but I know that most if not all governments put massive amounts of money into the economic system after Corona and therefore I'm inclined to believe there wasn't really any other option. But I don't know. An economist is one of the many many things that I am not.
Yes, it's certainly a damned if you damned if you don't situation. Of course, an argument could be made that lockdowns were extended far too long, which if not the case would have made some of that aid unnecessary. But that' a topic for another thread.
Quote:You know more about her than I do. I kind of lost track of all the figures after Boris left.
I only heard about her after Boris was dust. Again, I don't know a great deal about her, but I did like what I saw.
Quote:And I know that what I will add might sound like an ideological talking point, but to an extent I blame the new say alt-rightesque approach many conservative parties took ("Berlusconiesque might be the more european version of that). Being populistic and bombastic, exaggerating and non-factual, stir up emotions, play with people's resentments and lowest instincts and being pretty much out of substance beyond that. I'd say I see that in the US, the UK and quite some other countries, very much including my own. Our conservative party imploded as well (or is in the process to), and we sported the guy that was called the future of conservatism all over the continent. Turns out it's just all talk and appearances, or I guess smoke and mirrors is the word?
There's certainly something to this. It's honestly amazing to me that such incompetent people can worm their way so high up the political ladder. We certainly have our own version, Harris for example, but to fail so utterly and so quickly is really one for the record books.
