this post was submitted on 21 Mar 2024
44 points (100.0% liked)

Aotearoa / New Zealand

1653 readers
18 users here now

Kia ora and welcome to !newzealand, a place to share and discuss anything about Aotearoa in general

Rules:

FAQ ~ NZ Community List ~ Join Matrix chatroom

 

Banner image by Bernard Spragg

Got an idea for next month's banner?

founded 1 year ago
MODERATORS
 

Anybody who thinks the best way out of a recession is austerity measures needs to have their heads examined.

you are viewing a single comment's thread
view the rest of the comments
[–] Jaysyn@kbin.social 12 points 8 months ago (4 children)

Fucking morons.

It's almost like when you vote conservative & you get what you deserve for voting conservative.

[–] metaStatic@kbin.social 7 points 8 months ago

the conservative position is that government doesn't work so when they get into power they try to prove that position correct.

[–] WaxedWookie@lemmy.world 3 points 8 months ago

Which is fine - the problem is that everyone else has to live with the consequences of others' stupidity.

[–] hanrahan@slrpnk.net 2 points 8 months ago

"I did not mean that Conservatives are generally stupid; I meant, that stupid persons are generally Conservative" - John Stuart Mill

[–] HappycamperNZ@lemmy.world 1 points 8 months ago

Pushing down GDP, including to negative, by increasing interest rates is literally the mechanism used to combat inflation.

We are coming off massive inflation and resulting cost of living increases due to covid and global pressures - no one who has even a basic understanding of GDP and inflation sees a problem with this.