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Amfear Liathmor
Sky News
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Comments by "Amfear Liathmor" (@amfearliathmor9747) on "Mini-budget: Liz Truss takes 'huge political risk' in borrowing spree" video.
The projected growth in the economy from the tax cuts will not generate any further growth. i) Growth of an economy requires productivity. ii) Productivity require lower energy costs, innovation, investment and good working conditions for worker moral. Doomed to failure for those in the real world. Instead it just create further higher inflation, stagnation, resentment and industrial disputes.
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In the real world I was in a supermarket today and the price of cheese increased from £4.00 to £4.50. It used to £3.50 only a month or two ago. I purchased 2 cheeses today to save the £1.00 increase in the next few weeks as the huge inflationary spurt increase in October takes its toll due to the Supermarket energy bills rising at the hyperinflationary rate of 300-700%. BBE for the cheese was until January 2023.
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Tipping the UK economy into Hyperinflation, Stagnation, Mass Unemployment (Despite SADS from the Silent Weapon Deployment), bitter Industrial Disputes, Huge increase in Crime and Civil Conflict and eventually Holodomor.
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