• ExLisper@linux.community
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    1 year ago

    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.

    • traveler01@lemdro.id
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      1 year ago

      Current government was hit by Covid but they actually managed to lower it in 2021

      Yes, with record breaking taxation… Apparently for Lemmy fucking over people’s lives is all good as long is the government doing it and not some corporation.

      • ExLisper@linux.community
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        1 year ago

        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…