Comments by "Alex" (@Alex-cw3rz) on "Channel 4 News"
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@crown9413 did you genuinely just say the new deal extended the great depression 🤦♂️ It ended it this is observable fact.
If it caused economic growth why can you give zero examples of that happening. Also I know you are totally out of your depth on the topic on economics but can you explain a "free up labour and resources from the government" would mean.
Please just look this up, government spending in real terms has dropped since 2010, look it up now, because if you can't even acknowledge reality this conversation cannot continue.
You don't even believe this do you, companies are made of people who at the top want to get rich, if you inventive them to keep more profit they are more likely to take that option so they can get richer. We both know this.
What you just said is nonsencial tax is only on profits, therefore unless a company said we have to have X amount of profit after taxes. Which no company on earth does and again I will challenge you to name one, which you keep failing to do. Companies that do talk of profitability talk of pre tax profits. Again remember profits, is post investment, they are post purchases, post maintaince, post wages. How a lower profit percentage return after taxes would effect the other you'll have to explain because as we both know, that's not how it works. Firstly the country with the largest amount of inward investment in europe right now is France with a higher corporation tax than us and a lot higher than Ireland. Not to mention tax havens are not a boom for the people living in those nations as the company economically does not interact with your country causing no effect for the general population. This is really basic economics and obviously observable fact when you look at many tax havens.
"We have has Kaynesian economics has been constantly used" are you drunk? What does that even mean are you trying to claim the UK is using Kaynesian economics now? Because that just Shoes you know nothing about economics, do you not feel em barrassed at all?
So let's address the first three economic terms you've used this entire conversation it's a shame you have no clue what they mean or how they relate to economics.
1. Deficit spending is occurring because tax cuts on the rich coupled with austerity which causes an economic slump, means the government cannot collect enough money. That is not Kaynesian, in fact that's the opposite
2. Qualitative easing again is occurring because the government is having short falls due to it's economic mismanagement. This again is not Kaynesian economics as it's not even being used in anyway that is used in Kaynesian economics. You should know this this is really basic now.
3. Monetary policy includes the other two, see this is the issue when you have no clue what you are talking about. Not to mention how has our monetary policy caused our current inflation, inflation has been historically low for a decade and it spiked due to profiteering and supply chain shortages. This is a fact just look it up.
Sorry did you just blame the international factors in the 1970s on Kaynesian economics in the 60s 🤦♂️ you are one baffling human.
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@stoicsceptic8420 what was the point of your last comment you've said nothing, you are preaching to the choir, however in a very arrogant and emb arranging way. I don't like PFI under blair I said that in my first sentence you utter m oron. However, as you keep on avoiding, Blair's PFI has nothing to do with the state the NHS is in now, does it. Go on you've seen the analysis, kid... I will again reiterate the fact, you didn't mention price for the simple reason those 1700 has no major effect on today. Also why are you talking about partisan? Are you claiming to be a centrist, how cringe can you get. Especially when you are refuting public private partnerships, which is the bed Rock of Neo-liberalism our current political paradigm. Your last comment is more partisan than me, because you are screeching how awful public private is, while I am just saying they are bad. To finish off your last sentence is just terrible and very fitting with your silly username, I can tell so much about you it hilarious, garentuee you are an atheist and have katana's don't you. Nothing wrong with that, but very revealing of the angle you approach this conversation from, which makes your comments so disjointed and pointless.
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