Comments by "guydreamr" (@guydreamr) on "How Hitler Changed the German Economy" video.

"But often austerity is the way to get ahead. Suffer a few years, to come out stronger in the future." 14 years of austerity in Britain would like to have a word with you.
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@builder1117 Britain absolutely went through austerity. Government spending fell in real terms and taxes were hiked in an abortive effort to try to reduce the deficit. Infrastructure crumbled, NHS waiting lists skyrocketed, and productivity plummeted due to decreased public investments in multiple sectors. Debt to GNP did indeed increase, but this was due to the shrinking economy from falling productivity which reduced govt revenues and required even more tax hikes and more borrowing in a vicious cycle of ever increasing debt. Housing prices also skyrocketed due to decreased supply from lack of homebuilding under austerity measures. That's from Wikipedia, "United Kingdom government austerity programme." So until you can provide a source to the contrary, your statements are rejected.
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@builder1117 Since you still haven't provided a source for any of those claims, your statements are again rejected.
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@builder1117 I read the article, very informative, thanks. A couple points. First, as many comments below the article itself points out, while public spending may have gone up in absolute terms, it may still have gone down in real terms, as the population of Britain has grown considerably since the Financial Crisis of 2008, so spending per capita may in fact have actually dropped. Second, and most important, you previously mentioned % Debt to GNP, but I think the real deal is a different chart altogether which the article also discusses: that of "UK Public Spending % GDP." Reviewing that chart, you can clearly see that public spending peaked right at the year 2010, then dropped sharply year by year all the way until 2020 when it spiked temporarily due to the covid pandemic. And wouldn't you know, this spending dropped precisely during the period when - surprise! - David Cameron took office and implemented austerity - a term, by the way, which his own government coined, as the comments below the article have pointed out. A policy which was continued by successive Tory governments over a fourteen-year period through the present and which also correlates with a steep drop in productivity, deteriorating prisons, and the other ills which I've previously mentioned.
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