Comments by "Greg Greg" (@SlowhandGreg) on "Nigel Farage DEFENDS Liz Truss Against Rishi Sunak" video.

@stevestephens8969 45 billion of unfutax cuts give me a break it was all on tick how stupid are you tax cuts for the rich generate squat the economic multiplier is 20% at best meaning your pissing 80p per pound of tax money up a wall
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@stevestephens8969 2015 Cameron's tax cuts produced zero growth and ballooned the debt which in 2019 had risen to 92% from 62 in 2010 There's numerous budgetry papers budgetary paper on tax blanket tax cuts for the wealthy go into investments get spirited off shore very little goes into the economy A tax cut that would boost spending across the board is VAT it would also help with costs in the public service sector Cameron raised it to 20% further deflating the economy
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@stevestephens8969 gold standard gimme a break sovreign debt is only an issue if you can't service it ours was 45 ish for a long time till the banking crisis another gift from dumb ass neoliberalism. Cameron claimed he was going to drive it down he didn't again unfunded tax cuts sent it south and upwards Trump tax cuts in the states just went way worse, Reagan tax cuts increased debt Bush tax cuts increased debt and your expecting the gilt market to fund yet more debt jog on
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@stevestephens8969 we could go back and forth all day the Issue with the UK economy are long and varied my main point is blanket tax cuts on an already low upper rate don't produce growth. If your debt to gdp was below a reasonable level the markets would go whatever and fund it anyway The uk is currently an economic basket case long term investment by major companies has dried up and SME investment is hamstrung both by Brexit with very high gdp/debt and inflation at 11% And the last time inflation was this high was the last time we had an energy crisis
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She was removed for stupidity and crashing the markets
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@alyb731 what establishment the one that owns 100% of debt run up by successive Tory pms? And told her to fk off and present a grown up budget coz the one she presented was fkin insane
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@IanDarley multi nationals have always been able to tax shop and Shell don't pay tax they haven't for the past 5 years neither does Amazon Microsoft Google etc. Your premise is just wrong we have a tax base of 33% Germanies is 37.5 France is 46.2 both are growing Faster than the UK Back in 2016 our GDP was 90% of Germany now it is 70% Our currency is down by 30% against the Euro and dollar since 2016 major investment in UK plc has fallen off a cliff BritishVolt collapsed no one would invest in it car manufacturing in this country is collapsing London CNN— UK car manufacturing hit a 66-year low in 2022, as the closure of two plants We are an economic basket case no one in their right mind would lend us money to piss up a wall on tax cuts with a gdp to debt expected to top 103% and no fkin plan to reduce it bar fantasy economics. The Johnson Brexit deal destroyed the On-Demand EU wide supply chain in this country there will be NO large manufacturing investment and little SME investment because of it period.
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Since when she crashed the market you numpty
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@stevestephens8969 so your an economist are you? Tax cuts dont grow shit well debunked 50 years of data etc the womon was completely captured by right wing think tanks that serve the very rich absolute complete bollox
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The woman is terminally stupid tax cuts dont generate growth best you'll get is 20p in the pound 45 billion in tax cuts to generate 9 billion additional gdp bargain not
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Unfunded tax cuts that grow sweet FW give me a break go read some economic books
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