The Joe Biden Drops Out thread

[Jimjam]

Yeah the UK suffered under a decade of austerity.

Sure, cutting costs and bloat in government finance is applaudable, but unfortunately all government spending was viewed as a cost, none of it was seen as an investment.

This was a huge mistake as this investment either was excellent cost mitigation (eg broken window theory) , increased the value of the economy (infrastructure improvements that create immediate jobs and facilitate future business) or straight up earned the government money (e.g. primary healthcare where preventative medicine can greatly increase the working life and reduce sick days for tax payers ergo creating much more income for the government AND strengthening the economy AND reducing social costs of unemployment AND reducing healthcare costs by nipping cases in the bud).