Chargement
Updates & events
→
THE ECONOMY HAD NO INCOME This week I found a flaw that had been there from the start, and that nobody — myself included — had seen. In the formula that calculates fiscal space each turn — how much room the State has to spend — there was no income term. Not one. GDP was growing. Reforms were working. The economy was expanding. But that growth never turned into revenue. WHAT IT MEANT IN PRACTICE Th…