The curious data point is that on this graph poverty seems to have strongly reduced during covid. Less poor.
replyHuge amounts of cash were given to many Americans during Covid.
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replyWhy does this surprise you? There were large, direct transfers to initially children, then everyone. This was the largest and most effective American anti-poverty program of all time.
replyThat's not my experience in Finland. The unemployment rate passed 10% a few months ago. Youth unemployment is now over 20%.
replyOf course, this is due to the current Finnish govt. weakening its welfare system, driving down demand and creating incentive traps.
replyI.e. making the economy more like the US.
No, the current austerity measures are due to the national debt crisis in 2023, before the last parliamentary election. Even Yle acknowledged this beforehand.
replyI did not even mention the causes of austerity measures, I'm simply describing their effect.
replyYou are not even responding to anything in my post. Please try again.
You're blaming the "current" Finnish government for austerity measures and implicitly removing blame from the previous administration for driving up the debt in the first place. I would just blame "the Finnish government" (over all administrations).
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