Isn’t this just the classic Yookay problem (albeit clear to see it’s not just a UK problem in the “developed” world) that effectively we needed to take tough decisions in the years following 2008 that would have caused short term pain but would have led to long term gains (considering our energy mix in a braver way, training young people rather than funnelling them into university courses they probably couldn’t argue the cost benefit analysis for and loading them with significant debt in the process, challenging mass immigration and seeking new economic models not relying on ever suppressed wages/being willing to stand up the much repeated “you don’t like unlimited immigration therefore you must be racist” etc.), but no one had the bottle to do it. And as I’m sure any doctor will tell you, burying your head in the sand will only make the medicine required in the future that much heavier to return to good health. I believe we might have unfortunately crossed the point of no return.
I think we’re in a slightly different place to Argentina.
Significantly higher unemployment and inflation rates meant that people were under far more strain than the UK is.
Likewise not everyone in the UK has actually suffered during the post-2008 period, most notably the very politically active constituencies of homeowners and pensioners, many of whom will not vote for the radical change Argentina has sought out.
Neither do you ever seem to see Argentinian political adverts in Urdu or making reference to Gaza, which I’m sure has some significance but who knows what it could all mean for Yookay politics…
Isn’t this just the classic Yookay problem (albeit clear to see it’s not just a UK problem in the “developed” world) that effectively we needed to take tough decisions in the years following 2008 that would have caused short term pain but would have led to long term gains (considering our energy mix in a braver way, training young people rather than funnelling them into university courses they probably couldn’t argue the cost benefit analysis for and loading them with significant debt in the process, challenging mass immigration and seeking new economic models not relying on ever suppressed wages/being willing to stand up the much repeated “you don’t like unlimited immigration therefore you must be racist” etc.), but no one had the bottle to do it. And as I’m sure any doctor will tell you, burying your head in the sand will only make the medicine required in the future that much heavier to return to good health. I believe we might have unfortunately crossed the point of no return.
I like to think we haven’t crossed the point of no return, but it still could be a very long time before we change.
Argentina spent the best part of a century declining before it decided to grow again
I think we’re in a slightly different place to Argentina.
Significantly higher unemployment and inflation rates meant that people were under far more strain than the UK is.
Likewise not everyone in the UK has actually suffered during the post-2008 period, most notably the very politically active constituencies of homeowners and pensioners, many of whom will not vote for the radical change Argentina has sought out.
Neither do you ever seem to see Argentinian political adverts in Urdu or making reference to Gaza, which I’m sure has some significance but who knows what it could all mean for Yookay politics…
GDP per worker working age adult would also be interesting, especially with Japan in the mix.
hmm might look into this 🤔