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  • Posts

    • This is the point. In a way the headbangers are aware of this but it’s just they think the likes of Trump are the solution because he’s telling them he will, and visibly is, changing “things”…
    • This is the reality.   So, there are three funding alternatives. 1) We increase taxes. But we are already taxed at record levels and the NI tax on employers probably will cause unemployment and reduced growth. Btw, don't forget re: education that Labour did put VAT on private schools which was a tax on the wealthy. 2) We increase austerity by cutting back public services. Made doubly hard now with the need to increase defence. 3) We break the fiscal rules and risk the wrath of the markets.   None of these sound like good options to me but I am honest enough to accept I don't know the implications of option 3 too much. Reeves has absolutely ruled it out though so I am guessing it is bad.    For the record, I think the difference between this Labour government and a tory one is I don't think Labour are malevolent and doing this for ideological reasons. They're doing it because they believe it is necessary. Plenty other countries are in the same boat. Whether there is another option I don't know, but it feels like we need to change capitalism to me. 
    • Reeves is shit scared of the markets too. Terrified of being another Truss. So we're basically just controlled by the markets now. 
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