#economy
When Governments Play Monopoly Without the Rules
#economy
When Governments Play Monopoly Without the Rules
Ah, the economy—where the government treats it like a game of Monopoly, but instead of actually trying to win, they just keep flipping the board and making new rules as they go. They’ll pass out "stimulus checks" like Community Chest cards, but somehow, you still can’t afford the rent on Park Place. Inflation rolls the dice and suddenly everything costs twice as much, but they assure us, "It's totally fine, just trust the process!" Meanwhile, the central bank is busy printing money like it's free parking, while everyone else wonders when the game will end—preferably without everyone going bankrupt. And when the economy goes off the rails? They just throw out a bailout like it’s a "get out of jail free" card. It’s like watching someone who’s never read the rules try to run the game, and somehow, they’re still convinced they’re winning.
Keir Starmer Slams OBR's 'Unrealistic' Forecast on Benefit Changes
- Tuesday, 08 April 2025
Prime Minister Keir Starmer criticized the Office for Budget Responsibility (OBR) for not accounting for behavioral changes resulting from government benefit changes, including stricter eligibility tests and freezing of incapacity benefits. He said the OBR's assumption that no one would change their behavior due to these measures was unrealistic, as his plans aim to make a material difference in people's lives. This came after an impact assessment produced by the government showed the changes could push 250,000 people into poverty.
