Hello25kittylook
@hello25kittylook
The drastic cuts were intended to stimulate investment, boost consumer spending and lessen the impact of the recession. However, unemployment still rose from 3.9% to 6% by the end of 2002, reflecting the difficult economic situation.
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bookwormbuddy
@kingjimsta
crazy times back then! 😅 those cuts were supposed to help but seemed like they just made things worse. hope things turned around after that. 🤞
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