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Greg Greg
The New Statesman
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Comments by "Greg Greg" (@SlowhandGreg) on "Budget 2024: Jeremy Hunt won't save the Tories with Spring Statement | The New Statesman podcast" video.
Cutting tax doesn't stimulate enough growth to justify the tax cut Infrastructure investment is the only way of growing the economy and gdp per capita Looking at the spend the Tories waste a huge amount on trickle down cr@p
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No we won't taxes are going up overall The NI cut helps 30-60k crowd who are likely working in the south east and are getting hammered by mortgage and rent increases. It's a budget that perpetuates the economic doom spiral the Tories have created
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@Godonstilts so true
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@buzzukfiftythree The reason there's so much bureaucracy is the NHS is split up into trusts that then have duplicate management structures
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It's to do with borrowing, you need the rate to be attractive enough to sell Gilts we borrowed 130 billion last year total debt is around 2.6 trillion and interest payments are currently 120 billion. The Conservatives have really screwed up the economy everyone in the City knows there will be near zero growth
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@1violalass fiscal drag I'm paying +550 The effect of inflation and freezing tax and NI thresholds so everyone bar the 30-60k working bracket are getting a tax increase. + there reducing government support for councils and jacking up council tax
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