Direct stimulus - as in stimulus checks - have been given out by both the left and the right side of politics at various times. Because it boosts consumer spending during economic downturns. Yet you still get these media mouthpieces for the wealthy donor class and corporate welfare jockies who don’t understand that higher wages and the right types of social spending can also boost the economy (earnings their corporations more sales via more spending going on).
This is because they don’t want wages going up, and they want to distract from their own welfare. Governments often go along with their ideas and cut spending - this action doesn’t serve society or the public (quite the opposite), it serves international ratings agencies and international lending organizations.
Many governments in the world prioritize their countries credit rating over the good of the people because quite often when governments aren’t popular enough to get spending bills through senates and parliaments, they can still get just go and borrow money from international lenders and ratings ageny.
It’s an extra governmental way to do spending, and it puts governments in lock step with their corporate philosophies of useless outlets like the financial times/review/advocate/ ect…
Direct stimulus - as in stimulus checks - have been given out by both the left and the right side of politics at various times. Because it boosts consumer spending during economic downturns. Yet you still get these media mouthpieces for the wealthy donor class and corporate welfare jockies who don’t understand that higher wages and the right types of social spending can also boost the economy (earnings their corporations more sales via more spending going on).
This is because they don’t want wages going up, and they want to distract from their own welfare. Governments often go along with their ideas and cut spending - this action doesn’t serve society or the public (quite the opposite), it serves international ratings agencies and international lending organizations.
Many governments in the world prioritize their countries credit rating over the good of the people because quite often when governments aren’t popular enough to get spending bills through senates and parliaments, they can still get just go and borrow money from international lenders and ratings ageny.
It’s an extra governmental way to do spending, and it puts governments in lock step with their corporate philosophies of useless outlets like the financial times/review/advocate/ ect…
The world is infested with cowardly bootlickers.