Comments by "MeTube - tacticalvote co uk" (@OneAndOnlyMe) on "Richard J Murphy" channel.

  1. Richard is totally right regarding less consumerism. It is the only thing that will make a significant difference to reducing emissions. Everything else we are attempting at the moment is a band aid. Consider the emissions in China, most of that is OUR emissions because WE outsource OUR manufacturing to China. Much of the things we produce in the world is single use tat, and products that are design to become obsolete fairly quickly (consumer electronics). We need to be less materialistic, and consume much less. A way to do that is to favor social experiences over products, reduce taxes on social experiences, raise taxes on products.
    118
  2. "The world turned against them" So, in short, MMT is still at the mercy of the global economic system, something that no single country can control or change.
    24
  3. Silver lining, he can't run for a third term. (And before any simpletons suggest he can change the constitution, that isn't an easy task and would require ratification by three quarters of the states, as well as House approval.)
    20
  4. Even Trump doesn't know.
    14
  5. Bigly.
    13
  6. Yes we have. Democracy is NOT just about voting on things. Democracy is about rule of law, justice, a representation mechanism, and a free press. There is no one version of democracy. Our is a Parliamentary democracy.
    12
  7. Not true, in the UK the Greens are the centre left option.
    10
  8. I think Richard has got it slightly wrong, here's why: Government is NOT saying it has to tax to pay for things. Government is saying it has to manage the debt to the Bank of England. Govern will borrow to spend but alongside that it has to pay ongoing repayments for previous borrowing, and THAT is what tax is being used for. So, when government says it doesn't have the money to spend, what it is actually saying is that it doesn't have the money to pay back existing borrowing. It's like this: - You go to your bank and borrow £1,200 - You put that money to use - You repay it month by month for 12 months - £100/month - Midway through the year, you want to borrow another £1,200 for another 12 months - Now you have to repay £200/month for six months - The £200 has to be affordable from your income, and in Treasury terms, that's coming from the tax revenue So it's about managing the affordability, i.e. can the electorate afford to service the repayments without too much hardship.
    9
  9. There are a million vacancies in STEM sector. Problem is people are not training for these jobs. Hence why we in business are having to import STEM workers. China and India understand the education priorities (STEM).
    9
  10. The £85,000 is per banking license. If, say, two bank brands share the same license, then you're only covered £42,500 for each.
    9
  11.  @xbubblehead  They already have nothing to lose, that's why MAGA voted for radical change.
    9
  12. The primary benefit of a land tax, in my view, would be that it might force sale of land to reduce estate sizes. That sold off land could be used to build homes on.
    9
  13. People in their 20s are just starting out, they won't have the jobs that pay well because they lack experience and unless they are graduates in a big corporation they won't be getting decent bonuses either. The best start a child can have is for their parents to invest for them during the first 20 years. By age 20 a child would have the deposit for a house.
    7
  14. Vance is not "pro free speech", he's "anti regulation". There is an important distinction. Europe favors responsible free speech, Vance favor absolute free speech which can be dangerous.
    7
  15. In evolutionary terms, survival of the strongest translates in modern times to survival of the financially strogest.
    7
  16. "Governing" is not about the now, it's about the future.
    6
  17. People have the freedom to live a healthy lifestyle. If they choose not to, then they create an opportunity for someone to make money from their poor choices. Make meals from fresh ingredients. Do exercise. The real problem is time poverty.
    6
  18. This! I think people are giving Trump far too much credit. World leaders know this too.
    6
  19. But why should we create low paid jobs? A business doesn't exist to create jobs for the sake of creating jobs. Businesses exist to provide products and services, in the most efficient way possible.
    6
  20. Growth is not confined to our domestic consumers. There are 4 billion people in developing economies who are the opportunity for us to provide goods and services to, and that's how we can achieve our economic growth. AI powered robotics absolutely could take over back of house functions in a restaurant. Recipes are literally algorithms, so preparing and cooking food is particularly well suited to automation.
    6
  21. The 1970s: - There was no instant mass communication to share how people felt. (The Internet was only available to government and nerdy academics.) - Air travel was still a luxury to the masses so few got to experience multi-culture in person, so mono-culture for the masses. - There were far fewer TV channels, no 24 hour news, no reality TV to waste people's time. - Few people left their home towns to seek opportunities. - Salaries kept pace with home prices. - Dirty heavy industry is where most people worked until they died, now UK is mainly services driven.
    6
  22. Top of US voters priorities was economy. Everything else they cared much less about. That is the lesson from this.
    6
  23. Aviation accounts for just 2.5% of global CO₂ emissions (and still just 4% if you take account of the supporting industries). That's globally, meaning UK's contribution is even lower. Everyone harps on about aviation, but most CO₂ emissions are from other consumer activities. Taking ICE cars, lorries, busses, etc. off the roads will have a much bigger impact. The newest modern airliners are highly efficient, not only do they carry more passengers/cargo, but the engines are the most fuel efficient engines ever, and they run on the greener aviation fuels.
    5
  24. This time really is different though because of one thing: computation power. The generative AIs we have now been theory since the 1940s, it's only now that we've caught up in compute cost. The genie is now out of the bottle too, too late to regulate it as the tech is in the hands of anyone who cares to use it.
    5
  25. That will depend entirely on the outcomes at the end of the five year parliament. Voters typically don't care about the details, they care about the outcomes.
    5
  26. Reform is a single issue party.
    5
  27. Abstention is a useful option. Without it they would have to risk losing the whip and being kicked out of the party.
    5
  28. Depends on where the "centre" is. It's all relative. Voter's attitudes change with the prevailing economic outlook.
    5
  29. I think in the UK we have more respect for our democracy to allow that to happen.
    5
  30. The "establishment" isn't a thing.
    5
  31. They are fund managers so of course they would have have. They manage portfolios of equities that underpin funds that in turn underpin people's retirement plans. I have my pension fund with Blackrock as they are the best at what they do, and because I wanted my pension fund to grow at its fastest rate possible. I'm not concerned about ESG or ethical investing.
    5
  32. We don't need hundreds of GP surgeries in every town, we need a few good clinics shared by several GPs and equipped with x-ray and MRI in every town. Many GP appointments can be handled via video conference now, the old folk may not like that, but busy younger generations don't mind it. To keep costs down, the NHS has to adapt to modern lifestyles.
    4
  33. Working people = anyone whose main cost of living is not funded by passive income. It's not complicated, but the media seem intent on making a meal of it.
    4
  34.  @doubledigital_  But a question remains still, why does any of it need to be claimed back if we can just make as much money as we need? Why not simply make every Brit a billionaire?
    4
  35. I knew all this by the age of 15, because my parents set me up with a Post Office savings account. From that learned about compound interest. Dad ran his own business but had investors, so from that I learned about owning shares in a business. The best way to educate the young is to force them to start saving & investing money from childhood age. So many parents in the UK do not use the Junior ISA allowances. I've made it a mission to teach the Gen Z/A members of my family and close friends about investing, they all have every reasonable chance of becoming hundred-thousand-iares or even a millionaire by the time they are in their 40s.
    4
  36. I think Richard is confusing "middle class" with "middle earners", these are not the same things. Depends where you live. In London and the most areas of the South East, £90k is not that much. Why does it matter whether or not it is a middle-class income? Income is not the only thing that defines whether someone is middle-class.
    4
  37. Democracy is NOT just about voting on things. Democracy is about rule of law, justice, a representation mechanism, and a free press. There is no one version of democracy.
    4
  38.  @WillyJunior  Agree, the victim mindset does not foster a positive attitude, which is essential to being successful and seizing opportunities.
    4
  39.  @fatfrreddy1414  How can anyone be bored in this world? There is so much to do and experience.
    4
  40. Define what a 'robot' is first. Is an Excel formula a robot?
    4
  41. We need a discrete health service tax on payslips. Only then will people understand the true cost of health care. Anyone who takes out a private health care can then have 50% discount on the health care portion. Why not 100%? Because private sector health services don't provide the serious stuff.
    4
  42. The numbers of people do not matter. It's about resources and trade and military might.
    4
  43. You want the British government to criticise one of its key military allies? C'mon, think strategically. Trump is only there for four years.
    4
  44. So you think you're smarter than the Chancellor? Tell us, what have you achieved in political life.
    4
  45. It's not a UK only problem. This is a global challenge for all of the developed economies.
    4
  46. Not necessarily. Aggression can be very subtle, and sections of the electorate are not intelligent enough to notice it.
    4
  47. Yes, that was rather ironic. 😄
    4
  48.  @frmcf  Actually it is any argument against crypto. Gold can be recovered.
    4
  49. People should be saving ALWAYS, the future is ALWAYS uncertain.
    3
  50. The first thing to understand, and accept, is that Labour is now the party of the professional class (the modern working class). And, this means Labour is now a centrist party, not a party of the left. In other words, the party has moved with the times.
    3