Comment by spwa4

Don't worry, EU governments have already JUMPED into action. They have collectively decided they will make the rich richer and use whatever means required to insulate the government from the economy. Zero economic compromises when it comes to government's own functioning ... You know, things that absolutely do not matter for competitveness.

So the plan is to save their way to growth. For example: less students, less research, less teaching (including at lower levels), less ...

https://universitytimes.ie/2025/05/french-students-protest-b...

https://www.uni-mannheim.de/en/news/higher-education-budget-...

https://www.timeshighereducation.com/news/layoffs-begin-dutc...

It gets a lot more vindictive than this. For example, one of the few things that is getting increased funding is debt collection. Also, the laws are getting "strengthened" (e.g. pensions are no longer untouchable for debt collectors in France). There's a saying "you can't whip blood out of a stone", by which they mean that you can't get money from the poorest of the poor. Clearly, the plan is to lash the poor until blood comes out.

It's not like the economic theory these governments claim, in their high school economy courses, clearly states that governments should save when things go well, like the last 15 years, and then seriously increase expenses in times like these ... Otherwise, given that they saved less than nothing, those courses amount to lying to essentially every student in the EU. Hell, given that it's lying about the money of these students, you could argue it's fraud ...

Oh wait ... that's exactly what they teach.