Comments by "Greg Greg" (@SlowhandGreg) on "Budget 2024 "one hell of a risk" | Andrew Marr | The New Statesman" video.

why is that he public sector needs extra investment to improve UK productivity
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My wife is an Accountant for a small business she was saying because the Threshold has risen there overall NI bill will go down (6 employees)
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@PhilJones-bb1wn The Employment Allowance, which offers some relief on NI costs, increases to £10,500. This provides a cushion for many small businesses, particularly those employing fewer staff. Businesses may see these shifts reflected in higher staffing costs, particularly for mid-sized and larger firms with significant payrolls.
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In today's supercharged disinformation world that would fan the far right into conspiracy overload, did you not see the hysteria and fallout from ULEZ 2
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@davidwebb4904 you mean something like this? HS2 light a step closer as Government opens talks with 18 Oct 2024 — Transport Secretary Louise Haigh to hold talks with private businesses and metro mayors advocating for a new version of the axed high-speed line.
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@davidwebb4904 I did a breakdown on hinkley C a year ago, the Government are only committed to 33 billion, cost overruns are having to be absorbed by EDF currently. The main issue is the delays you can build the equivalent wind farm offshore for 11 billion in 2 years. And Put mass storage on strategic grid nodes for 30 billion quote EDF says its Hinkley Point C nuclear power plant could be delayed to as late as 2031, with costs rising to £46bn
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@davidwebb4904 We have the lowest tax base of major European economies. The bulk of the bill is Pensions and NHS You can however increase revenue by collecting what is owed estimates are that last year HMRC failed to collect 42 billion. If you want to decrease waste and reduce costs devolve the spending power to local government who are more able to scrutinize budgets
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Why is everyone not trotting out the work of Keynes He argued for governments to stimulate faltering economies with public investiture. Even a small increase in government spending could net sizeable results, creating economic and social stability. In the interwar years between WWI and WWII, right-wing strongmen rose across Europe as a response to faltering economies and the Bolshevik revolution in Russia. Keynes understood that factors like economic deprivation, deflation, and inequality lead to dictators. The Tories are gone they will not recover what is coming is a rise of the far right and not under Farage, already your hearing Reform voters swing behind people like Tommy Robinson.
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We've had 14 years of Austerity where real disposable income has on average fallen by 10%, if we don't invest then that will continue Fiscal tightening has not worked, will never work and will see a rise of the far right in response
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@will121 If you increase public sector wages then wages in the private sector will rise. Depression of public sector wages since 2010 has seen a corresponding depression in private sector pay at the low middle end. The Conservative government then used the Visa exception scheme to import labour to keep public sector wages low.
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The media hysteria has if you believe it I looked at polls the aggregator has them down 1-2 points and the Tories have fallen 4 points Your talking about the emergence of a new right wing party with a credible economic agenda, both the Cons and Reform will not distance themselves from Trussanomics, Reform's manifesto was a straight blueprint of what caused the crash in the 1st place unfunded tax cuts
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