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Richard J Murphy
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Comments by "" (@lonevoice) on "Can we afford the welfare state?" video.
I agree. The problem as I see it is that we recognise that there is a growing wealth inequality in the UK and the wealthy have political influence. I think that the problem is political rather than economic. The wealthy will clamour for a low tax, small state with false economics and if they succeed then the UK economy may grow but the amount available to the public at large may shrink. I think we have seen this in action over the past decade or so.
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My responses to replies get deleted so aren't appearing.
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@adenwellsmith6908 I think you have the wrong idea. That isn't what has happened. Have a look at what happened with QE for example. Gary Stevenson has done some good coverage on this and it is available on YouTube.
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