Quote:
Originally Posted by belsarius
I find it hilarious that the media is reporting how bad it has been over the past decade, but when you look at the actual graph as of 2020 growth was exactly the same for both sectors. So really it has only been since the private sector shed all of it's jobs that the government has stepped in to fill the employment void left by the crisis.
If people think things are bad for the economy now, imagine how much worse it could be without those jobs and the economic activity that comes with them. I'd rather have someone working for the government, earning money to circulate, than sitting home unemployed.
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And I can understand that. Until you look at the Debt Servicing costs the Government is incurring.
Which anyone could have seen coming. If you rack up the Credit Card enough eventually the monthly bill becomes outrageous.
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