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Greg Greg
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Comments by "Greg Greg" (@SlowhandGreg) on "Rishi Sunak unveils 'people's pledges' for 2023" video.
Biden does stuff so how is that a comparison
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The markets will stand borrowing if its on infrastructure because the general long term return is > 100% of outlay tax cuts on the other had have a economic multiplier of around 20 -30 p in the pound (every pound the Treasury gives in say Bankers corporate tax cuts produces and increase in GDP of between .2 and .3 so effectively costing the treasury 70/80p in the £ in receipts)
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@heliotropezzz333 Austerity will shrink the economy further the economic multiplier on public sector wages is around 1.6 combined with inflation your pulling billions out of GDP and wider low wage worker spending.
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@heliotropezzz333 I thought Corbyn was a bit of a fantasist myself the City won't give any government any wiggle room. They know that Brexit is an economic car crash so anyone promising growth is talking to a political audience not reality. Labour can reverse some of the worst damage but they will be tied into what they can borrow for which is why Starmer was making the GBEnergy pitch. We have loads of excellent locations in the UK and UK offshore to supply all our own wind and tidal as well as a portion of Europe's and plenty of inventive people who can make a dint in the grid battery development world.
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It won't for a couple of reasons were producing less food government policies are to run our agriculture down and import cheap problem is food prices are going up plus home energy production
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