Is Government Responsible For Bad Economy?

[boyptc]

We cannot put all the blame to the government if our lives are not going well. But, they should also be the first one to try to protect and make the lives of their people easy.

They have to provide jobs, some allotment for those who are in need temporary and can't look for jobs.

Medical support, livelihood, etc. These are the pretty basic services that a government should need, education and medical must be the priority.

[summonerrk]

We cannot put all the blame to the government if our lives are not going well. But, they should also be the first one to try to protect and make the lives of their people easy.

They have to provide jobs, some allotment for those who are in need temporary and can't look for jobs.

Medical support, livelihood, etc. These are the pretty basic services that a government should need, education and medical must be the priority.

I think governments usually provide basic functions, but I personally always feel especially offended when I realize that they could do a lot more than they are doing now. Anyway, money from the government treasury is being stolen, and many indicators are not being achieved, although the goals were set at the beginning of each year. I only see beautiful reports from those who are afraid of losing their positions, and every citizen of the country, looking at the screen when politicians report, thinks - what nonsense are they talking about? It's like they're living in a parallel reality.

[CageMabok]

...

In countries where leaders actually care about development and listen to citizens, the citizens normally have more opportunities and they feel comfortable, but in many countries, citizens feel ignored even when they speak up about thing happening in the country like hardship, corruption, or poor governance and also agree with your last point that regardless of whether the government is good or bad, people still have to struggle and find ways to survive and improve their lives.

Striving to survive is something everyone must do, even if their own government is quite good at protecting and serving its citizens. Citizens receive relief through several benefits that can also benefit them, such as not having to pay annual taxes on the assets they use and also not being charged excessive fees for medical and educational expenses. Such things are actually quite beneficial for every citizen, even though they still have to work hard to achieve greater things in life, such as wealth and comfort.

Therefore, prioritizing continued employment is not actually a problem as long as citizens receive the rights they deserve, such as government support for employment opportunities and efforts to increase natural resource production so they can be exported to other countries. In countries where officials are still prone to corruption, such support is usually lacking, as officials are only concerned with enriching themselves and tend to ignore the complaints of their own citizens.

[Royal Cap]

In countries where leaders actually care about development and listen to citizens, the citizens normally have more opportunities and they feel comfortable, but in many countries, citizens feel ignored even when they speak up about thing happening in the country like hardship, corruption, or poor governance and also agree with your last point that regardless of whether the government is good or bad, people still have to struggle and find ways to survive and improve their lives.

Actually the thing is whether the government is good or bad, ultimately people have to fight for themselves. That is true but it does not mean that the government's responsibility is reduced. No matter how hard a person works, if there are few job opportunities, corruption is high or the business environment is bad then it becomes very difficult for him to move forward.

So in my opinion talking only about personal struggles is not the whole thing. Because people must try, but an effective government creates opportunities for the fruits of that effort. Both are important if you look at one without the other, the issue remains incomplete.

[Mando100]

In every given country, the government is solely responsible of the affairs of the state, if everything goes wrong they are the first person the people would turn to and when things goes right they are still the ones. In this our present regime the government are not helping matters at all, they are making lives hard for the people, they only knows about their own families.

But as a good governor you should create a good standard economy for the people, lay a good legacy so as for the people to live a good life, creating a good infrastructure that will increase the livelihood of the people, by given them good jobs, good roads, having a standard electricity supply etc. Doing this would minimize the hardship of the people and have a smooth running country.

[Altryist]

I think governments usually provide basic functions, but I personally always feel especially offended when I realize that they could do a lot more than they are doing now. Anyway, money from the government treasury is being stolen, and many indicators are not being achieved, although the goals were set at the beginning of each year. I only see beautiful reports from those who are afraid of losing their positions, and every citizen of the country, looking at the screen when politicians report, thinks - what nonsense are they talking about? It's like they're living in a parallel reality.

Because they think that once they get into government, they are smarter than everyone else, and that if they talk nonsense, people will still believe it. But people are not stupid and everyone understands things quite well. But people are not always able to organize themselves in order to change their government. Of course, poor governance leads to economic decline, that is the main reason. If a foolish person ends up in charge of a state and builds an equally incompetent team around themselves, then the economy will inevitably deteriorate.

[summonerrk]

I think governments usually provide basic functions, but I personally always feel especially offended when I realize that they could do a lot more than they are doing now. Anyway, money from the government treasury is being stolen, and many indicators are not being achieved, although the goals were set at the beginning of each year. I only see beautiful reports from those who are afraid of losing their positions, and every citizen of the country, looking at the screen when politicians report, thinks - what nonsense are they talking about? It's like they're living in a parallel reality.

Because they think that once they get into government, they are smarter than everyone else, and that if they talk nonsense, people will still believe it. But people are not stupid and everyone understands things quite well. But people are not always able to organize themselves in order to change their government. Of course, poor governance leads to economic decline, that is the main reason. If a foolish person ends up in charge of a state and builds an equally incompetent team around themselves, then the economy will inevitably deteriorate.

Beyond stupidity, corruption is also a problem, as the state's inability to control its own officials costs people dearly. Their taxes don't fully remain in the treasury, allowing them to continue fulfilling their economic functions—new roads and supplementing public sector salaries. I've heard a funny argument about corruption being ingrained in our mentality, and it all starts when we bring flowers to a teacher's office, wanting to please a teacher whose salary is modest. We bring envelopes to the doctor's office to support his position and encourage him to treat us better in the future. But that's a misguided opinion, as stealing from the federal budget is one thing, and giving flowers to a woman is quite another.

[Judith87403]

Actually the thing is whether the government is good or bad, ultimately people have to fight for themselves. That is true but it does not mean that the government's responsibility is reduced. No matter how hard a person works, if there are few job opportunities, corruption is high or the business environment is bad then it becomes very difficult for him to move forward.

So in my opinion talking only about personal struggles is not the whole thing. Because people must try, but an effective government creates opportunities for the fruits of that effort. Both are important if you look at one without the other, the issue remains incomplete.

One thing that a lot of folks fail to understand is that efforts alone are not just enough in a broken system. People can still work thrice as hard as the normal people, but will still end up struggling if the system is corrupt. I’m not disputing the fact that personal responsibility doesn’t matter, sure it does but when there’s a good government, they’ll be able to create an environment where one may not really have to work that hard, but even if they choose to, their hard work will definitely lead to progress. Every economy actually needs both, because without both, there can be no actually development.

[boyptc]

We cannot put all the blame to the government if our lives are not going well. But, they should also be the first one to try to protect and make the lives of their people easy.

They have to provide jobs, some allotment for those who are in need temporary and can't look for jobs.

Medical support, livelihood, etc. These are the pretty basic services that a government should need, education and medical must be the priority.

I think governments usually provide basic functions, but I personally always feel especially offended when I realize that they could do a lot more than they are doing now. Anyway, money from the government treasury is being stolen, and many indicators are not being achieved, although the goals were set at the beginning of each year. I only see beautiful reports from those who are afraid of losing their positions, and every citizen of the country, looking at the screen when politicians report, thinks - what nonsense are they talking about? It's like they're living in a parallel reality.

We're on the same page. They have to provide the basic but what they mostly do is the bare minimum. The people deserve better, the tax payers.

Those reports are romanticized by them, boasting their achievements and what they've done for the last year.

But the best basis of those reports are the conditions of the people. If how many of them have been lifted up from their poor situation and how many those that stayed as is.

[DYOR+BTC]

We cannot put all the blame to the government if our lives are not going well. But, they should also be the first one to try to protect and make the lives of their people easy.

They have to provide jobs, some allotment for those who are in need temporary and can't look for jobs.

Medical support, livelihood, etc. These are the pretty basic services that a government should need, education and medical must be the priority.

I disagree with you on that, the primary duty of every government is to provide for his citizens. The provision is question here is not only limited to the basic needs of life but to all associated to life itself.  Now when a government that is supposed to create a conducive environment for citizens fails to do so and let the citizens venture into nonexisting adventure how then do you think lives can have a stress free life. The primary duty of every government is to provide a structure that will make life easy for citizens but when they fail I don’t think any form of blame should be channelled to citizens

[boyptc]

We cannot put all the blame to the government if our lives are not going well. But, they should also be the first one to try to protect and make the lives of their people easy.

They have to provide jobs, some allotment for those who are in need temporary and can't look for jobs.

Medical support, livelihood, etc. These are the pretty basic services that a government should need, education and medical must be the priority.

I disagree with you on that, the primary duty of every government is to provide for his citizens. The provision is question here is not only limited to the basic needs of life but to all associated to life itself.  Now when a government that is supposed to create a conducive environment for citizens fails to do so and let the citizens venture into nonexisting adventure how then do you think lives can have a stress free life. The primary duty of every government is to provide a structure that will make life easy for citizens but when they fail I don’t think any form of blame should be channelled to citizens

I understand that and it really differs per government of where we're living. Some countries, let's say the first world countries. Their governments are providing almost everything to their people but, let alone those basic services and it's still in our hands if we'll have a better economy for ourselves.

The opportunities provided might not be taken by its citizens for how low the salaries are, and guess what? it's being taken by an immigrant or an overseas worker.

There's no perfect government. But we as people, we see what's enough and what should be provided for us. And the rest is for us for us to grow and live comfortably in our means.

[junder]

In countries where leaders actually care about development and listen to citizens, the citizens normally have more opportunities and they feel comfortable, but in many countries, citizens feel ignored even when they speak up about thing happening in the country like hardship, corruption, or poor governance and also agree with your last point that regardless of whether the government is good or bad, people still have to struggle and find ways to survive and improve their lives.

I myself think that when the country's economy is not good, for example the increase in the price of raw materials or fuel, I myself agree that I feel bad about it and want to voice the voice of the community to normalize the price increases that have occurred, but because I already know that the government will not hear it, so I choose to just follow it and not join the demonstration. That's the conclusion of struggling for life, whether the government is good or bad, we still have to fight.

[Fredomago]

In countries where leaders actually care about development and listen to citizens, the citizens normally have more opportunities and they feel comfortable, but in many countries, citizens feel ignored even when they speak up about thing happening in the country like hardship, corruption, or poor governance and also agree with your last point that regardless of whether the government is good or bad, people still have to struggle and find ways to survive and improve their lives.

I myself think that when the country's economy is not good, for example the increase in the price of raw materials or fuel, I myself agree that I feel bad about it and want to voice the voice of the community to normalize the price increases that have occurred, but because I already know that the government will not hear it, so I choose to just follow it and not join the demonstration. That's the conclusion of struggling for life, whether the government is good or bad, we still have to fight.

We need to move forward to survive, just like what you said whatever is your opinion there's nothing that can be done just voicing your sentiments, instead, better to fight your way to find that right track or patterns to survive, government have influence but in sad reality, it's always the person itself that can improve his own financial capabilities, just keep moving and not to lean to something that will only push you back.

[Roseline492]

We cannot put all the blame to the government if our lives are not going well. But, they should also be the first one to try to protect and make the lives of their people easy.

There are some categories of government I don't blame for there economy if is not doing well and there are also the category I usually blame for almost everything and the reason why a lot of suffering has become the nature of there country, so actually a country who has a very low rate of unemployment do to there numerous establishment that has created mass employment to there people are credible government and if there economy are under volatile situation is a normal thing and shouldn't blame the cause to be the government but however if the government has a very high unemployment rate and have never implemented any of there primary responsibility because of mismanagement and corrupt policy, they are to be blamed.

[bakasabo]

We cannot put all the blame to the government if our lives are not going well.

Of course we cant and we should not. For example there are small countries that dont have valuable resources or dont have much of them, those countries can not trade and mostly are dependable from other countries. Government can not build a strong economy if they have no resources to do it with. No matter what government do, it must agree with terms conducted by other countries. Their only resource is people, who wish to move to other country. No doubt that economy of that country will be on the bottom. How can some countries also blame government for bad economy, when people themselves vote for people who will be in charge of government and country?

[JulBTCTalk]

Partly, yes, but not completely. Government policies, corruption, taxes, spending, and bad decisions can damage an economy. But businesses, global events, wars, inflation, and even people’s behavior also play a role. A bad economy is usually not caused by one thing alone. It’s often a mix of poor leadership and wider economic problems. 

[slapper]

We assume that employment is a natural state of humans. But back in the day, folks simply did things for like 95% of human civilization. Planted food, created things, bartered. The concept that someone else should determine your work, your time, your productivity, your worth, in a number they selected? It's an experiment that is 200 years old that we all just took for granted.

So, employment is not only a restraint on your income, is it? It restructures how you think about risk entirely. For years, you're being rewarded for staying in lines that someone else drew. Eventually you lose track of the fact that the lines are arbitrary. Risk turns into this thing to avoid instead of information to process. And that change, that psychological change is greater than the difference in income. That's why most people continue to build conservatively even after they save and invest. The employment mindset follows you.

The save-invest-escape path you described, I've seen it work. But it's slow and the reason it's slow is kind of darkly funny. You're trying to build the capital at the speed of your employees, with the goal of putting it to work at the speed of your business. Those are just not comparable speeds.

In a sense, business owners don't actually make more money than employees. They capture value differently. An employee creates value and receives a part of the value as payment in the form of salary. A business owner designs a process that extracts value from the work of several employees minus the cost of the employees.

[Abiky]

Beyond stupidity, corruption is also a problem, as the state's inability to control its own officials costs people dearly. Their taxes don't fully remain in the treasury, allowing them to continue fulfilling their economic functions—new roads and supplementing public sector salaries. I've heard a funny argument about corruption being ingrained in our mentality, and it all starts when we bring flowers to a teacher's office, wanting to please a teacher whose salary is modest. We bring envelopes to the doctor's office to support his position and encourage him to treat us better in the future. But that's a misguided opinion, as stealing from the federal budget is one thing, and giving flowers to a woman is quite another.

That's the number one issue affecting the economy. Corruption from government officials. This leads to unnecessary spending, effectively raising the debt and making everyone else (especially low and middle class people) poor. Sometimes local governments aren't to blame, but rather "foreign actors". Like the US, for example, which affected the global economy with the Iran war.

The system is designed to always favor the rich, so don't expect things to get better in the future. When you see the economy "booming", that doesn't mean it will stay that way forever. The effects will only be temporary. Better be safe than sorry by "beating" inflation in every way possible. And what better way to do this than investing into Bitcoin and/or Gold for the long term?

[Fredomago]

Partly, yes, but not completely. Government policies, corruption, taxes, spending, and bad decisions can damage an economy. But businesses, global events, wars, inflation, and even people’s behavior also play a role. A bad economy is usually not caused by one thing alone. It’s often a mix of poor leadership and wider economic problems. 

Start with poor leadership then a domino effects will take place, though survival still possible if the mindsets of every citizen is to help, not entirely in participating to government related position but just being a good citizens and trying to work its way to survive without blaming anyone, it's up to your good decision making and how you'll be part of the solutions rather than being part of the problem.

[Unknown Op]

As a Nigerian am aware that annually the senate approves the national budget for the year. This budget drives development for infrastructure, Education, Health and Defence. The federal government also allocate funds to the state government monthly through the federation account allocation committee (FAAC).To cap it all there has been an appreciation in naira. But the price of commodities in the market are still high with traders holding onto the old prices,while in the transportation sector touts and security personnel are imposing taxes on the driver giving hike to transport fare and in the education sector,The University precisely which manipulate expenses like tuition and health services  which are free into the fees paid by students.There is also a case of landlords who increase their rent annually.
I know the Government administration has been corrupt for more than a decade now but we the citizens unconsciously support this corruption.

Government is the most important factor in shaping the economy of the country by making budgets,  implementing taxes, making infrastructure and regulation . Citizens, institutions and businesses also work for the betterment of the economy as in the Nigerian case government contributed to the economic challenges over the years as you have already stated the certain reasons that organisations  taking advantage of the situation for personal gains traders are keeping the prices high transport operators passing the illegal charges to the passengers and universities are charging questionable feeses.
These practices are common because the government is weak and they are unable to enforce laws and regulation if government effectively monitor everything then many of these issues will be resolved and people will see the opportunities on how to make money , government remain the key player in all of these because it create the basic environment in which country’s economy can improve and work better , both leaders and citizens need to work together.