In my opinion, what stresses people is not rising costs etc…it is the eroding of quality of life that they are used to.
Rising costs are only a problem if wages are stagnant or as is often the case, falling in real terms.
Unaffordable housing is a major systemic issue, mainly being caused by inadequate supply. We have major issues in NZ with crazy house prices. The problem of high housing costs can’t be solved quickly.
Huge tax burden is again not a problem if the social contract is being upheld. But as is often the case, the social contract is being eroded. We are paying the same tax as we were last year, but suddenly the services we receive for that money are reduced or removed.
For example in New Zealand, the previous government removed the co-payment on prescriptions from the pharmacy. The current government has brought it back, services have gotten worse over the time also…
In my opinion, what stresses people is not rising costs etc…it is the eroding of quality of life that they are used to.
For example in New Zealand, the previous government removed the co-payment on prescriptions from the pharmacy. The current government has brought it back, services have gotten worse over the time also…