Is austerity, shrinking wages, and firing of public workers a bad thing? One Eastern-European country’s actual experience. “Latvia has a flat personal tax, low corporate tax, fired on third of civil workers and the results speak for themselves: low inflation, high growth, and politicians re-elected.” Yes, but that plan makes it impossible to pay off donors and cronies or buy votes with public money… so it’s raaaaacist and sexist and blah, blah, blah…
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