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ELI5: Why should a minimum wage worker care about GDP growth? (programming.dev)
submitted 3 weeks ago by Tamo240@programming.dev to c/explainlikeimfive@lemmy.world
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Following the budget announcement in the UK, why is the media obsessed with the predicted growth being 0.2% lower, instead of applauding the much needed investment in our public services? Does it really matter that much?

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[-] viking@infosec.pub 5 points 3 weeks ago

The OP is talking about the UK though.

[-] Takumidesh@lemmy.world 2 points 3 weeks ago

Good point and I missed that in the original post.

It does appear to be a similar situation with the UK though, only with pensions and other funds.

this post was submitted on 31 Oct 2024
57 points (98.3% liked)

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