It looks like America is not the only country ruled by idiots.

http://www.bloomberg.com/news/articles/2016-06-06/saudi-arabia-approves-plan-to-bolster-non-oil-economy

Saudi Arabia plans to reduce the public-sector wage bill as well as subsidies by 2020, scaling back the state largesse that helped ensure political loyalty in the largest Arab economy.
The reductions are a pillar of the National Transformation Program the Saudi cabinet approved on Monday. A major component of the Vision 2030 plan unveiled by Deputy Crown Prince Mohammed bin Salman in April, its targets include reducing public-sector wages to 40 percent of spending by 2020, from 45 percent today. Public debt is seen climbing to 30 percent of economic output from 7.7 percent currently.
The slump in oil revenue prompted Prince Mohammed to lead the biggest economic shakeup in the kingdom’s history by seeking to reduce the reliance on hydrocarbons. He proposed measures eschewed by previous rulers, who used some of the windfall from oil exports over the past decade to create government jobs.
“The plan provides targets, but generally does not tell us how they will be met,” said Mohammed Abu Basha, a Cairo-based economist at regional investment bank EFG-Hermes Holding Co. “The drop in the wage bill is a surprise, that there will be a nominal cut by 5 percent in the coming five years, especially when taking into consideration the expected elevated inflation.”
A higher debt-to-GDP ratio “means that they are targeting to raise an additional $200 billion in debt in the coming five years,” Abu Basha said.

 Boosting the economy by decreasing the wages of those who participate in it and taking on more government debt? Seriously? Are the assholes who run the world actually believing that we idiots trust them anymore because this could not be further from the truth.
Anyone with even a small portion of functioning brain can see that this stupidity is so extreme that it can only be explained as a plan to crash everything....