Quote:
Originally Posted by puffnstuff
New Zealand tried this recipe in October 2023 when a right-wing government#swept to power#on a similar wave of populist anger. The results so far? Government debt is#now forecast to be higher. The deficit is#getting worse, and#GDP has fallen#at its fastest rate since 1991. Unemployment is#increasing rapidly, particularly among#young people.
The big winners have been higher-income earners who benefited disproportionately from tax cuts, and landlords.
https://www.thetyee.ca/Analysis/2025...e-New-Zealand/ |
That's shocking. And by shocking I mean completely expected. Can't wait until that's us when PP is PM.