Originally Posted by
Relaxed
I largely agree with what you're saying, but I still have questions (that can't really be answered unfortunately)
for instance
I am / have been on the board of some charitable trusts and we find that there is both genuine need and poor spending decisions. so the question is, how do we judge which is which when at an economy level they look they same?
I agree, the 'trickle down' did not work well for many and necessary infrastructure was not built. However, I was fortunate to be working for companies that did reward their staff, this made that period a very good time for the people I worked with.
it also partially comes down to my earlier point, what are people doing with their money? and again there will be genuine need, and others who spend poorly and then look for government help.
I spent that period (and earlier) saving as much as I could and so managed to ride the share market boom that ran from the early 2000's for ages with only a few interruptions.
Again how do we make policy when they look the same at an economy level?
True, but I also know of two immigrant doctors working in construction because they can't get registered here.
I don't know the detail of why, and that is going to be important, but they were still doctors. No question, just a comment that not all immigrants are of lesser talent