While in America "Economists and members of Congress are now on the prowl for new ways to stimulate spending in our dreary economy," (ALAN S. BLINDER ) that's unfortunately not what is happening in Romania. Instead of following the basic rules even I learned in Econ 100 & 200, the economists in my country are managing to make an artificial crisis, a crisis that is way worse than the one that's been affecting the world the past few months. Instead of promoting consumption they're, well, demoting it, or even worse, completely discouraging it.
People are getting lower wages than usually, their bonuses are cut, and even parts of the salaries. Others are even losing their jobs, because the companies they work for can't deal with the artificial crisis the Government is inflicting. Oh, and of course taxes are going up, prices are going up etc.
I live in the States, as a student, and honestly I haven't felt the crisis. Yes, maybe if I worked here I would have felt it too. But the effort is clearly to inflate the market, whereas in Romania it's as if they're doing the opposite on purpose.
I know this would be a bad time for me to look for a job, whichever country I would look for a job in, but losing the job you had for years, losing the money you deserve by working (for the State in my mom's case) for tens of years, having to work for nothing because the employer can't afford to pay you yet and you can't afford to go back on the job market, or having to work ten times as much as usually for half as much money because your colleagues got fired because the employer didn't afford them... well, IT IS OUTRAGEOUS!
They should definitely get their Economics straight: consumption gets countries out of the crisis! Not the lack there of! Or they should get someone who knows some Economics to help them out, and fire the people who are failing to do so. REALLY!
People are getting lower wages than usually, their bonuses are cut, and even parts of the salaries. Others are even losing their jobs, because the companies they work for can't deal with the artificial crisis the Government is inflicting. Oh, and of course taxes are going up, prices are going up etc.
I live in the States, as a student, and honestly I haven't felt the crisis. Yes, maybe if I worked here I would have felt it too. But the effort is clearly to inflate the market, whereas in Romania it's as if they're doing the opposite on purpose.
I know this would be a bad time for me to look for a job, whichever country I would look for a job in, but losing the job you had for years, losing the money you deserve by working (for the State in my mom's case) for tens of years, having to work for nothing because the employer can't afford to pay you yet and you can't afford to go back on the job market, or having to work ten times as much as usually for half as much money because your colleagues got fired because the employer didn't afford them... well, IT IS OUTRAGEOUS!
They should definitely get their Economics straight: consumption gets countries out of the crisis! Not the lack there of! Or they should get someone who knows some Economics to help them out, and fire the people who are failing to do so. REALLY!

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