this post was submitted on 14 Jun 2023
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Corrupt politicians and businesses. Same as it every was. Just look at the handling of cyclone relief. Some companies aren't getting any money while companies not even in Hawkes Bay area getting pay outs.
Money for the rich and never for those that actually need it. Bureaucracy at its finest
You've answered the question about where money goes in general, but that doesn't explain why GDP is falling. Corrupt politicians giving too much money to companies they are involved with still contributes to GDP.