Random question and not worth a new thread but figured I'd get the ears of you economics nerds in here.
There's a bit of an issue in Ireland right now, where people are getting worked up about the government using the media to gloss over our economic vulnerabilities and try to paint a picture of Ireland as firmly on the road to recovery when we're actually still in deep shit. Lefties and Indpendents are having a field day unpicking whatever stats are being posted to show an improving economic situation. I'm seeing daily rants all over social media about how we're all being fed a constant diet of lies and Ireland is actually doomed. The general vibe being that they government are lying to the public to fool them into thinking that they've done a great job when they've actually been a disaster.
Now, I firmly believe this is kind of true. They are absolutely spinning facts to kid people into thinking they've done a great job turning round our economy when they actually deserve no credit at all for whatever recovery might be underway. The current government is a bunch of shysters and blowhards who deserve zero credit if/when Ireland pulls itself out of the mire.
However, my question to you gimps is: is it not in the best interest of everyone in Ireland if the general public believe all this spin? If Joe Public actually thinks things are on the up and up - whether or not that is actually true - it means more consumer confidence, more spending, more jobs, more tax revenues and eventually a real, tangible improvement in life for everyone. Is deliberately trying to undermine good news stories doing more harm to the country than government spin to convince everyone everything's rosy?