The government’s austerity measures have manifested in severe spending cuts across critical sectors, including healthcare, social benefits, government agencies, and civil society. Additionally, regressive tax increases, notably a 1.5 percentage point rise in the basic VAT rate to 25.5 percent, have further burdened the population.
Beyond the questionable economic outcomes, the social costs are becoming increasingly apparent. Projections indicate a 9.2 percent increase in poverty and a 13.6 percent rise in child poverty. After a period of decline, homelessness is once again on the rise, driven by cuts to social benefits and housing services. The government’s dismantling of social housing is also expected to escalate housing costs.
I guess Finland is about to lose their happiest country on earth status to make a few extra bucks. Good luck with that neolib shit. America tried it for the past 40 years and well it hasn’t gone that well.
We’re not making any extra bucks though, just more people unemployed Link
Are they? “Happies country on earth” isn’t actually measuring how happy people are.
It’s partially neoliberal propaganda that uses measures like GDP per capita as proxies for happiness.