Explain Like I'm Five

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ELI5: Why should a minimum wage worker care about GDP growth? (self.explainlikeimfive)

submitted 1 month ago by Tamo240 to c/[email protected]

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Following the budget announcement in the UK, why is the media obsessed with the predicted growth being 0.2% lower, instead of applauding the much needed investment in our public services? Does it really matter that much?

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[–] [email protected] 6 points 1 month ago (1 children)

The OP is talking about the UK though.

[–] [email protected] 3 points 1 month ago

Good point and I missed that in the original post.

It does appear to be a similar situation with the UK though, only with pensions and other funds.