Comments by "Greg Greg" (@SlowhandGreg) on "'I am very disappointed' | Sir Bill Cash on Boris Johnson pulling out of the Tory leadership race" video.

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  6.  @grumpyoldveteran7286  yours and my standard of living has gone up but since 2010 living standards are declining Thatcher +18% rise in average wages Baire / Brown +25% Cameron /May -3% Johnson / Truss / Sunak -?? Thatchers tax cuts where built on asset stripping Utilities and Oil revenues, the Blaire/Brown economy had a bit of left over oil money but had genuine growth the Cameron era economy was crippled with Austerity and further killed with tax cuts, 2010 debt to gdp was 62% by 2019 it was 92% currently its over 100 which is debt of over 2.7 trillion. The low tax model that Thatcher managed and these right wing thinkers such as Tice aspire too could only be done once, the utilities can only be sold once, the council houses can only be given away once the economy rewired to remove heavy industry to a supply side model again once. Supply Side low corporation tax is a 1 trick pony it never worked as the advocates of it push The other economy killer is Brexit from 2016 investment in the UK has fallen off a cliff and that cliff has gotten steeper since 2020, businesses don't like uncertainty and they hate trade barriers. The other major factor is an aging population the numbers of people in work now is less than 2019 the UK lost over 1 million workers who either went back or emigrated to the EU in 2020. So Reform the Conservatives or any other party telling you that they can magically grow the economy and reduce taxes while improving services are lying out of every orifice in their body. I bought my house a 3 bed semi in a posh area of the North in 84 it cost 3x my salary to do so today would be at least 10x what's more rent on a 2 bed semi would be near 100% of my take home pay because as a graduate with loan repayments which are another form of tax make it impossible to save anything. So here is a stark figure which highlights the UK's spiralling decline in 2016 our GDP was 90% of Germany today its 70%
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