this post was submitted on 09 Aug 2023
398 points (97.6% liked)
World News
32365 readers
353 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The debt looked like this well before the energy crisis and it grew to over 100% under right wing government: https://www.macrotrends.net/countries/ESP/spain/debt-to-gdp-ratio Current government was hit by Covid but they actually managed to lower it in 2021. And I'm of course not saying that Spain is economically in better situation than Germany over all, just that this government managed current crises pretty well and got inflation and GDP under control faster than them and most other countries.
Sure, because higher taxes fuck over people's lives but inflation, recession, unemployment and high costs of living do not. Just look how happy everyone is in UK with their current cost of living crisis. Not raising taxes sure worked out great for them...
Also, I'm not Lemmy. Don't know why would you generalize like that.