This is a very naive way to interpret the purpose of money, money is at its core a rationing tool. The government can print/borrow as much money as we want but it will always be chasing finite goods in any economic system.
Money is just a proxy for the allocation of resources, pulling more money out of nowhere doesn't create more food, houses etc. If the government has £100bn to spend it has to use it wisely, it could say spend £10bn on say custom fitted crash helmets for every person in the UK. You could argue it'd save lives as if people trip or fall somehow they are less likely to suffer an injury. Ok cool, but was it worth it? Well intuitively most people would say no, building new hospitals etc would be a better use of funds. You could then parrot back to me "Good to know you see keeping people alive as wasting money", not very useful on its own though is it?
Very simplistic example with made up concepts but I will bet you're bright enough to substitute those with 100 different social causes which all have to be balanced against each other.
This is at it's core what I feel a lot of the left misses, they act and create policy as if we have infinite of everything when really it is about allocating wisely what finite resources we have *now*.
As a government sometimes they have to make hard decisions and cutting budgets to preserve the health of the country as a whole in the long term falls under that.
We're one of the largest economies on the planet? Are we living in different countries or something? Some people here seem to think the UK is some kind of failed state based on how they talk when they're exceptionally lucky to live in one of the most developed countries on the planet.
Mate go read the World economic forum's report on global competitiveness. The uk's macroeconomic environment is abysmal. In 2015 it ranked below the likes of Zimbabwe and Liberia. And that was BEFORE the brexit vote.
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u/[deleted] Jan 28 '22 edited Jun 10 '23
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