Great news, I for one really feel like I’m living in the 5th best economy in the world when measured by growth currently.
The futures is bright, until fiscal drag kicks in.
Ritsugamesh on
This is empirically good news, but boy I don’t really know what to make of it.
Things seem more stretched and destitute than ever, and the rhetoric from 90% of the political class are stating hard times are coming.
It really does feel like an engineered asset strip. The country makes tons of money, 5th best on the entire planet, and yet we’re slashing every single thing to the bone, and people are struggling all over the country. This money is being generated and it’s going somewhere – but that’s the ever elusive question isn’t it?
EDIT: I’m aware that my simplified perception of economics at scale doesn’t necessarily paint the truest picture of success. I would posit the question that if such a ‘successful’ economy can’t make the maths work, is it not possible that the system isn’t working?
Individual-Cancel778 on
How more homeless people more people on the dole more undocumented immigrants more people waiting for operations no appointments at the drs can’t get nhs dental appointments this is a third world country at best
Lower-Main2538 on
5th largest economy with poverty wages and everything extremely expensive. Socialism for the rich is rife.
Cellpool_ on
I always look at these sorts of headlines with massive skepticism, like just because the billionaires in this country are raking it in doesnt mean this nation is any better off
Realistic-Tip-5416 on
This is good news, but it’s not yet reflective of people’s pockets and the feeling around disposable income.
primax1uk on
Honestly feel like I’m better off that I’ve been in years. Able to put a decent amount of money into savings. First holiday abroad later this year since 2015 (and that was only because of some inheritence). Saving for a house deposit. Not living month to month feels really good.
Ill_Refrigerator_593 on
We’ll likely be overtaken again by India in the near future, but are also likely to permanently overtake Japan at some point.
Speedbird1A on
Good news? About the UK? Am I dreaming?
Great if true. There’s only so long things can always just be negative.
Plane-Physics2653 on
Money’s all going to those darned forners in asylum hotels.
analoguefuckery on
Great, now do per capita and measure it over time.
It’s a massive delusion that people think we’re a rich country.
Frosty_Sea3307 on
none of it distributed to the people who need it most
limeflavoured on
“In a blow to Rachel Reeves”?
More seriously, this will probably last about a month until the effects of the Iran war hit.
NotOK1955 on
Thanks to trump, America is fast falling to third-world status.
TheOmegaKid on
Wealth inequality is absolutely rife in this country. Sounds good being so economically wealthy, but realistically half the country is in poverty becuase the top 1% have hoarded so much. They aren’t even priving enough jobs or jobs that pay well enough anymore. Absolute shambles. Just talk to anyone under the age of 25 and they’ll tell you how hard it is to find work now and even then they are usually massively overqualified and up against 100+ other people with a degree.
PsychoticDust on
That’s nice. Can I, as a single person with no debts, buy a house on an average salary yet?
17 commenti
[deleted]
Great news, I for one really feel like I’m living in the 5th best economy in the world when measured by growth currently.
The futures is bright, until fiscal drag kicks in.
This is empirically good news, but boy I don’t really know what to make of it.
Things seem more stretched and destitute than ever, and the rhetoric from 90% of the political class are stating hard times are coming.
It really does feel like an engineered asset strip. The country makes tons of money, 5th best on the entire planet, and yet we’re slashing every single thing to the bone, and people are struggling all over the country. This money is being generated and it’s going somewhere – but that’s the ever elusive question isn’t it?
EDIT: I’m aware that my simplified perception of economics at scale doesn’t necessarily paint the truest picture of success. I would posit the question that if such a ‘successful’ economy can’t make the maths work, is it not possible that the system isn’t working?
How more homeless people more people on the dole more undocumented immigrants more people waiting for operations no appointments at the drs can’t get nhs dental appointments this is a third world country at best
5th largest economy with poverty wages and everything extremely expensive. Socialism for the rich is rife.
I always look at these sorts of headlines with massive skepticism, like just because the billionaires in this country are raking it in doesnt mean this nation is any better off
This is good news, but it’s not yet reflective of people’s pockets and the feeling around disposable income.
Honestly feel like I’m better off that I’ve been in years. Able to put a decent amount of money into savings. First holiday abroad later this year since 2015 (and that was only because of some inheritence). Saving for a house deposit. Not living month to month feels really good.
We’ll likely be overtaken again by India in the near future, but are also likely to permanently overtake Japan at some point.
Good news? About the UK? Am I dreaming?
Great if true. There’s only so long things can always just be negative.
Money’s all going to those darned forners in asylum hotels.
Great, now do per capita and measure it over time.
It’s a massive delusion that people think we’re a rich country.
none of it distributed to the people who need it most
“In a blow to Rachel Reeves”?
More seriously, this will probably last about a month until the effects of the Iran war hit.
Thanks to trump, America is fast falling to third-world status.
Wealth inequality is absolutely rife in this country. Sounds good being so economically wealthy, but realistically half the country is in poverty becuase the top 1% have hoarded so much. They aren’t even priving enough jobs or jobs that pay well enough anymore. Absolute shambles. Just talk to anyone under the age of 25 and they’ll tell you how hard it is to find work now and even then they are usually massively overqualified and up against 100+ other people with a degree.
That’s nice. Can I, as a single person with no debts, buy a house on an average salary yet?