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Richard J Murphy
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Comments by "" (@lonevoice) on "The economics of small business" video.
I agree exactly. I welcomed the increases to minimum wage but that probably needed to be offset by a reduction in employers national insurance rather than an increase. I can't see that this helps the economy and is slightly inflationary.We have a beating heart of an economy which is under strain with a lot of unproductive fat on the outside. Any surgical intervention from Reeves in the budget needed to be directed towards the fat and not the heart itself. The UK's economic heart has has been increasingly put under strain over the past decade or so as more and more has been drained off from the active economy into assets. In this context I relate the hearty to the active economy and assets as the unproductive fat. It may be a generalisation but is probably not far from reality.
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