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Richard J Murphy
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Comments by "" (@lonevoice) on "Why am I so worried by AI?" video.
We may be able to produce more better and more detailed information but the story that gets out to the public may not follow suit. Semi Badenoch has been appointed the new leader of the Conservative Party and is already talking about having lower taxes and a smaller state but she doesn't elaborate further. The Daily Mail today has a headline of "A leader who knows how to get Britain's economy booming" but doesn't seem to clarify how. Of course a smaller state means less money from government, but where? Is it a cut back nn the Health Service so that our health deteriorates or we become reactive to events like covid again rather than being prepared? Will we reduce our armed forces size and wait for conflict to arise before reacting? Will we cut back on our preparations against climate change? Will we ...? There are so many and yet all we get is a superficial statement that there will be a smaller state. Perhaps Badenoch expects that a reduction in tax will create a surge in business profits and boost the economy but where will the tax cuts be directed? George Osborn slashed corporation tax which came down from 32% to 19% to show that "Britain was open for business", but the result was pitiful. If Badenoch cuts taxes for the wealthy, who already have a surplus each year of income over expenditure, then that won't boost the economy. All it will do is feed more money out of the active economy of business, jobs and services into asset purchases such as property, shares etc. Perhaps our politicians and media need to pay far more attention to the detail and the public need to demand more than just the superficial.
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