Yes but I would like to think that economists who believe in austerity wouldn’t support this or agree that it is an application of austerity, that the people in charge are just hiding behind the claim that this is austerity when the reality is like you say, it’s just malicious
I do think that economists have an interest in dealing in factual information. I don’t think they are concerned with poor people but a government collecting too little in taxes will act in its own interest. They will try to increase economic activity by lowering borrowing costs or by spending. Or they will cut spending. In order to decide what to do they rely on economic theory and recommendations from economists.
Yes but I would like to think that economists who believe in austerity wouldn’t support this or agree that it is an application of austerity, that the people in charge are just hiding behind the claim that this is austerity when the reality is like you say, it’s just malicious
Do you genuinely believe that western economists give a single shit about poor people?
I do think that economists have an interest in dealing in factual information. I don’t think they are concerned with poor people but a government collecting too little in taxes will act in its own interest. They will try to increase economic activity by lowering borrowing costs or by spending. Or they will cut spending. In order to decide what to do they rely on economic theory and recommendations from economists.