Comments by "Greg Greg" (@SlowhandGreg) on "Kwasi Kwarteng blasts Jeremy Hunt's recession claims and defends mini budget" video.

  1. He didn't have to he could have put a meaningful windfall tax on the expected 170 billion in EXCESS energy profits and used that he didn't because ideology and war profits are somehow OK in a Tory mindset
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  2. ​ @THX829  The BOE had to bail out the Kwerteng budget to the tune of 130 billion in quantitative Easing along with the 700 billion printed through the Covid period you have a case of too much money sloshing round the system all of which has trickled up. Its why inflation has been so sticky a lot of it needs taxing out of the system the wealthy are on a spendathon bender quote Luxury goods boom in Britain as super-rich youngsters buck the recession Rich kids fuel sales of brands such as Burberry, Louis Vuitton and Gucci They’re young, rich and mortgage-free, and the scions of the 1% are having a roaring twenties. Despite the economic gloom currently shrouding the UK and many other western countries, sales of luxury brands have been booming and growing numbers of buyers are young adults. Swiss watches, Louis Vuitton trainers, rare Birkin bags and 81-year-old whiskies are among the products that are fuelling impressive growth in the bottom lines of luxury brands such as LVMH, Burberry and Kering.
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  3. The BOE had to bail out the Kwerteng budget to the tune of 130 billion in quantitative Easing along with the 700 billion printed through the Covid period you have a case of too much money sloshing round the system all of which has trickled up. Its why inflation has been so sticky a lot of it needs taxing out of the system the wealthy are on a spendathon bender quote Luxury goods boom in Britain as super-rich youngsters buck the recession Rich kids fuel sales of brands such as Burberry, Louis Vuitton and Gucci They’re young, rich and mortgage-free, and the scions of the 1% are having a roaring twenties. Despite the economic gloom currently shrouding the UK and many other western countries, sales of luxury brands have been booming and growing numbers of buyers are young adults. Swiss watches, Louis Vuitton trainers, rare Birkin bags and 81-year-old whiskies are among the products that are fuelling impressive growth in the bottom lines of luxury brands such as LVMH, Burberry and Kering.
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  4. Tax cuts don't grow the economy the return is around 0.20p-0.30p in increased GDP growth so for every £ you cut in tax it generates 25p All there has ever been is the wealthy claiming it works we have 50 years of data which spells bullshit
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  5. Tax cuts don't grow the economy the return is around 0.20p-0.30p in increased GDP growth so for every £ you cut in tax it generates 25p All there has ever been is the wealthy claiming it works we have 50 years of data which spells bullshit
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