Comments by "Sean Cidy" (@seancidy6008) on "Richard J Murphy" channel.

  1. Immigration seems to be the Treasury's preferred solution. Pumps up the housing market too.
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  2. This is the subject you are great on. With other things recently I think you are trying to say too much. What do you think about property taxes?
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  3. Is GDP growth not about innovation and productive capacity but just about how many immigrants are added to the population? Economists sometime seem to secretly believe that,
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  4. Since Eisenhower US Presidents have said that American taxpayers would not be willing to pay for the lion's share of Europe's defence. Trump is the fulfillment of that. Free ride is over .
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  5. Very opiniony. But is a useful index for how neutral the financial analysis on this channel is.
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  6. Sounds like global utility to me. Hardly any economists of any stripe including classical and neoliberal don't advocate global utility, you are are in the mainstream there Professor Murphy.
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  7. In international geopolitics power is always a relative thing. The advantages in productive capacity accruing to China may be begining to exceed what America gains economically from having cheap imports. We cannot have China becoming the workshop of the world.
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  8. This is an interesting perspective yet if we have "capital" to invest, what is being called "investment" here is at issue. Investment is very different from consumption. Some consumption is necessary (like military spending in a time of threat), but even that is not any kind of investment. The debt crisis may be a pseudo one, yet that might be because the Treasury think the capital would l be splurged on consumption if they admitted it was there.
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  9. Whatever the reason there is clearly a lack of investment. It's like after the Thirties. Nevertheless, the rich in the UK want unfettered access to a steam of the hardest working people in Europe (and beyond) as employees. So do the Treasury. Maybe the control of immigration resulting from Brexit is part of the reason for the lack of investment. What is going to happen when Poland overtakes Britain in prosperity (as economist general agree will have happened by 2040)? Britain may lose Poles already here.
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  10.  @billB101  Behind the scenes the Treasury pushed the previous government hard to maintain high levels of immigration.
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  11. 'Inside the UK economy' sounds like it is discussing a closed system. Immigration has no bearing on joblessness? Jacob Rees--Mogg has said the Treasury was pushing immigration really hard. There ought to be training in skills attractive to employers, yes. Yet there is a problem with disability payments to people who are depressed and or suffering from substance abuse problems, and I am afraid more than afew are adept at finding any weak point of a system.
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  12. Sorry but saying you think Trump might literally declare war on Britain makes me think I am listening to someone who is not to be taken seriously.
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  13. It is a conflict not a problem and conflicts don't have endgames or solutions--they have outcomes.
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  14. @ Well there is quite a bit in that of course but it is completely unclear (apart from a couple of high profile and influential individuals) whether the buk of tech sector's overarching interest is not with the rest of the business class and Biden. He is the politician most associated with Wilmington Delaware in which most Fortune 500 companies are based. He had to stop saying it due to massive pushback, but he does not think China is a future competitor to the US. Largely because in a considerable contrast to the US's, Chinas population is actually declining.
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