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Comments by "" (@lonevoice) on "Gary Stevenson dismantles "out of touch" Rishi Sunak and Tory Party" video.
Yes, the growing wealth inequality is slowly draining the life blood out of the real economy and we can see that with poor growth, deteriorating services etc. Sure, the rich are unable to spend enough. They always have a surplus and that surplus is getting ever larger and just gets fed into assets such as shares and property, and the prices of these gets inflated through increasing excess demand. So we end up with a reducing share of national income going to working people then on top of that there is a further drain on the real economy as property rental costs escalate. Is there any realistic solution other than a wealth tax? There are no signs of this on the political horizon and if anything the proposed scrapping or reduction of IHT goes in the opposite direction. I suspect that things will get far far worse before there is even a slightest sign of improvement.
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