There’s even an It’s the economy, stupid! game you can play online. (I haven’t played it, though…)
Municipal elections are coming up here in The Netherlands. Our national government is about to shift many responsibilities towards municipalities. That’s what will make these elections even more important. However, less than 50% of my fellow Dutchmen intend to show up for these elections. Uh oh…
Right now, we’re hearing mostly positive news about the economy.
According to the media we are spending more (especially on vehicles and other luxury items) and home sales are up again. I can concur the latter statement with my brother’s situation. His apartment has been up for sale for almost three years now. Last week there were two viewings (the first in a long time!) and next week he’ll have two more viewings. I also see many “sold” signs on houses in my neighbourhood. The Dutch also anticipate house prices to rise again. Confidence in our economy has risen. It seems our economy has grown indeed.
D’you think it has something to do with the upcoming elections? 😉
On the other hand, there’s also some negative news. Interest rates on savings accounts keep declining. Youngsters don’t feel responsible for their own pension. And our unemployment rate has risen to 8.6%.
Does any of the positive or negative news affect Mrs EconoWiser’s family? Nah, don’t think so. We don’t intend to sell our house, switch jobs or at risk of losing a job. We also don’t intend to spend more that we feel we need to. However, it’s good to hear other people being positive about the future again. We’ve never stopped being positive about our own future, and we never will!
How about you? What’s the general outlook on your country’s economy and how does it affect you, if at all?