UK Enters Recession... 2nd G7 Nation After Japan

[bionic 50,111]

UK entering recession and not a single asset to show for decades of overspending lol

[RAMROD 116,994]

It might take years before they settled the aftermath from brexit and stand on their own again 

[Economy 52,837]

54 minutes ago, bionic said:

UK entering recession and not a single asset to show for decades of overspending lol

Anytime u overspend u are competing for labor and financial resources with private sector...

 

In order to make it worth it, ur investments have to be more valuable and productive & efficient than what the private sector can do on its own

 

Up to a point it can be done if well thought out. The private sector doesnt care about creating educated workforce, healthy population or infrastructure for the good of everyone. This is where the government comes in and well thought out investments can pay off

 

But if u overspend on frivulous things (or even good things but inefficiently) u end up doing more harm than good

 

Takes a lot of competence and careful thought which more governments than not screw up

[Gagaism 12,471]

People should have understood that politicians no matter side don’t care about people ages ago. It’s actually funny seeing folks fighting themselves about right and left while they’re up there just watching the circus show. 
Instead of getting together all we do is to make it worse by being divisive which is exactly what they want so they get more power over everything in the meantime.