| Well one thing Truss showed in PMQs is what a frickin charlatan... 13:41 - Sep 7 with 709 views | unstableblue |
.. Boris Johnson was. That was less flim-flam and more policy, less personal and more argument
The issue is that 'trickle down' economics as Starmer points out isn't working
And whilst windfall tax on O&G companies is flawed in part... the lack of it certainly isn't going to foster some fantasy of CAPEX to build energy supply, the share dividends is where the money will go, and the CAPEX happens if the O&G companies see money in five years time form new supply, not because of a windfall tax they can afford..
Whilst the government fails to incentivise a massive home insulation and energy efficiency drive... its a MAD plan of more energy supply (not reduction) that just increases CO2 emissions.. which in terms of longevity is where the real long term societal and fiscal penalties are going to come from.. climate resilience
But what really got my goat was this even bigger fantasy that lower corporation tax to 'challenge France' for inward investment, whilst making the man on the street fund the energy price caps through long term borrowing, is that Brexit has meant we are completely uncompetitive for inward investment due to our isolation from the very market where companies would wish to grow revenues
We can't have any sensible debate as a country unless we tackle the trade restrictions and high prices driven by Brexit |  |
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| Well one thing Truss showed in PMQs is what a frickin charlatan... on 15:26 - Sep 7 with 504 views | mylittletown |
Trickle down has always been complete bollox.
Ronald Reagan was a great proponent, and look how the gap between the rich and the poor has widened since the USA adopted trickledown as orthodoxy in his time. The rich get richer, almost full stop.
And the corporation tax thing is also largely a fantasy. If you really want keep attracting a disproportionate amount of inward investment, and we should, don't leave the EU and throw away one of our biggest selling points - a big English speaking country in the largest market in the world. |  | | |
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