• 0 Posts
  • 40 Comments
Joined 1 year ago
cake
Cake day: January 13th, 2024

help-circle

  • My (very rough and possibly incorrect) understanding was that there was a lot of government subsidies of things and lots of government jobs that somewhat existed just to employ people.

    This resulted in huge government expenditure as rich/middle class people took advantage. (I heard something about heated swimming pools as electricity was so subsidized. Not checked that though) This meant that the government was always teetering on bankruptcy (again) and the economy never really grew.

    My understanding was basically that the country was pretending to be much richer than it was. This is more about resetting to what it can actually afford - hopefully setting itself up for future growth.

    If the government went bust, most of this would have happened to an extent anyway. I’m not sure what other options there where, I think the other option at the election was to spend their way out, but they had no money and that would have pushed inflation even further.















  • It does mention that they send some of these in, and sometimes they get responses back that they are fine.

    That covers all of your senior engineers that end up spending more time speccing/investigating things than code.

    This kind of tool is probably very useful in ‘fiefdom’ companies where middle managers refuse to fire people because then they lose a headcount, or just protect their cronies. Having a central team that cuts across the company investigating that would be a good idea.

    Unfortunately in a lot of cases, I can see people being fired off that even though they are doing other work, just because management don’t understand what they do. Or worse because someone sells the tool as being flawless and they just fire anyone it picks up.