The math equation we need to solve.

Let’s define the following variables;

X = spend more by a government

Z = receive less due to less taxes and subsidies

Y = success of budget planning

aX + bZ = Y

Seems we ain’t there yet, given

1. spending more (does the government still understand that sometimes spending more (like a new road; could actually benefit; while if we spend the same money on ESG - one fart in India/China and that money is a double net negative.

2. receiving less by reducing taxes and enhancing subsidies while spending more; smells like a deficit. Aka; the country ‘risk/reward’ ratio (seen at www.worldgovernmentbonds.com) is clearly shown that at the beginning of the yield curve that lunacy is shooting up in ‘yield curve’ - and eventually our kids will carry the burden of the belly of the curve in 10–20 years.

3. do governments even know what ‘success is?’.

I’m not going into this subject; but the fact ‘topics like these are discussed’ any competent lad’ can do the 1+1 = 2 together;

Man I would almost kill for it; having a competent finance official in any of the G20 countries, lordy lord.