this post was submitted on 02 Oct 2023
115 points (95.3% liked)
World News
32079 readers
830 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 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The wisdom of these gigprojects in the middle of a desert aside, it would be awesome more governments would stop trying to run themselves into the ground for profit. Because who the fuck is benefiting if a country is taking more in taxes then they are providing their citizens in services?
Which countries are running on a profit, exactly?
Loads of countries have budget surpluses.
Loads? These aren't exactly major nations here and the bigger ones are oil producers.
https://www.worldatlas.com/articles/countries-with-the-top-budget-surplus.html
I asked which ones. Denmark has a surplus, but that's accidental and no one's trying to keep it that way.
And if you're about to give Qatar as an example, the point is moot.
This doesn't answer the question.
Well none, but the Neo-liberal rhetoric around "balancing the budget" that infests most of the governments of the west.
What's so bad about balancing the budget? Inflation is too high and taxes are too low.
I think the problem is mostly with how neo-liberals tend to try to balance the budget
KSA actually hands out money to citizens.
https://en.wikipedia.org/wiki/Citizen%27s_Account_Program_(Saudi_Arabia)