Comments by "irresistablejewel" (@irresistablejewel) on "The Mirror" channel.

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  3.  @andybrice2711 What was being proposed was a re-run of a policy that has spectacularly failed twice; it's previously been called "trickle down" and before that "horse and sparrow" economics; this time it was to be funded by "debt obligation". The problem with it, put simply, is that when the rich are given money they tend to keep it. (presumably why they're called "the rich") Moved to offshore tax-havens, or invested in our competitors, money leaves the UK economy; given to rich companies they can buy their own stock back or increase dividends/ wages; while most stocks and shares are owned by financial institutions. The vast majority of people get no benefit from this, yet they are going to end up with the bill as national debt increases. Interest rates have continued to go up; as has national debt and while it should be understood (by now) that the Tory party represent the rich, borrowing money to give tax breaks when people are going to food banks and experiencing food/fuel poverty isn't just stupid it's destructive. It's not just the UK economy that is having problems; the whole Western economy is mired in debt; if you have a solution I'm sure #11 Downing Street would like to know what it is; but I don't believe Sunak or Truss much care. I agree that their are other factors for a distinct down-turn in the Western economy; I don't see much difference between the Tories and new "New Labour" but if they expect the tax-payer to keep making the rich richer there's likely to be a riot. It wasn't the stock-market; it was the currency market; the down-turn there signaled a collapse in the pension funds. So while I don't understand these mechanisms, or even support the concept of money being considered a "commodity" (where money can be "made" from money); this proposal by Truss (third time lucky?!) went down like a lead balloon and nearly took everyone's state pension with it. I believe the cost (to us) to prop them up was in the region of £30 Billion. So if we consider Truss was in office for 55 days; sunk the pound; nearly blew the pension funds and gets a pension of over £100K they only reason I can think of that she is showing her face is that she's someone's puppet. The corporations seem to have too close an association with Westminster; the private sector should not be owners in the state sector and sending money to corrupt countries looks like corruption to me. I'm no fan of the whole shebang! Liz is a nut.
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