My prediction: next generation will be smaller than the current

[9009pc]

SamuelRSmith said:

9009pc said:

well in britian if things continue they way they are that is difinate, the rest of the world we need to see if all these stimulus packages work.

Stimulus packages just delay the inevitable... except they drag the inevitable out, and make it worse. Which will all start to come into fruition in the next generation. The UK is starting to see the effects now, because the Government are starting to cut now, meaning that we feel the pain now, rather than later... in the end, that is the best way to be.

I am not overly knowlegeable about this but this is what i think i know.

A well planed stimulus package should theoritically pay for it self by improving the infrastucture of a country and increasing the amount of sustainable jobs. along with a carefully planed time scale for the payback.  the problem is getting a well planed package. any problem could have serious consequences to the state of the economy. two major problems to this are the rising price of fuel and a aging population, then there is also trying to face other problems like global warming.

cutting the support and service and rising the taxes is difinately going to have an impact on peoples way of life decreasing there spending and shrinking the economy.  the silver lining is when you have paid it of you don't have to pay interest rates to the people you were indebted to. you should be able to run a surplus and pay for all these things from a stronger position, going back into debt if necessary.

it all on depends upon how you like to handle your debt some like me would prefere not to have it so they will try and clear it quicker some like to pay it back without having to make major decision about what to do without. others don't see what is wrong with having a debt as long as you can pay the interest and manage it. things are bad now but the way everything is geared it sames like it is only going to get worse over the next couple of decades and I would rather we were in as strong a position as posible to deal with it. the economy is only one aspect and the PM seems to know this with his big society idea, and protecting the science sector.

like I said at the start I don't really know what I am talking about so please help me if I got it wrong.

regardless the only country I would difinately say the next generation will be smaller is britian though overall you are probably right.