You are seeing the cycle for what it is. Every new government promises to help the middle class, but it is always by borrowing more money that future generations will have to pay back, usually with higher taxes or fewer opportunities. They are handing out short-term relief, while sending the bill to our kids
Why wait until the kids? We will be facing consequences soon sucgh as higher prices on every good we consume in the next year itself and it's pretty much the same with every country so yeah governments are trying to give out some relief it just bites us back immediately with interest rate changes, high prices on goods and services. What government does is give tax relaxation for rich and they get away with almost pay nothing in the taxes while average middle class who get salary has to pay for everything that's not avoidable on most cases.
Yeah. Why talk about the next generation when most of us are already feeling the pinch now? Prices are rising all over, worldwide. The governments may claim to be providing assistance, but all their so-called relief measures are simply coming back to bite them in the form of increased prices, increased bills or unexpected tax increases elsewhere It is happening fast too. Inflation, interest rates, cost of living, all of it moves faster than people's wages or savings. And you are spot on about who gets squeezed: the average person pays every time, while tax breaks and loopholes for the rich keep growing. It is right out in the open; the same cycle repeats, and regular folks carry the load