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MeTube - tacticalvote co uk
Richard J Murphy
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Comments by "MeTube - tacticalvote co uk" (@OneAndOnlyMe) on "Rachel Reeves is hanging on by her fingertips That never lasts for long" video.
America, China, Japan, Singapore, Spain, Australia are all doing pretty good.
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"Get Brexit done" was a Tory slogan. Labour's is "Make Brexit work" - whish it self is code for "demonstrate that it can't work" so as to win over public trust and support for closer ties with EU.
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Nailed it. It's not the austerity on public services that is the problem, it was the austerity in infrastructure investment that is at the heart of the economic stagnation. International businesses are desperate to invest in UK, not even demanding tax incentives, they just want the foundational infrastructure to be in place before they invest.
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@Serpsss Easier said than done. How are you going to achieve global consensus on that? Because it cannot be done with international cooperation.
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The wealthy already contribute 30% of all tax take. That's a big chunk. "tax the wealthy" is a lazy slogan. Put forward solutions as to how and then you'll realize it's easier to slogan that to actually do.
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She should be given the chance, not just judged after six months. She could succeed, there is international investment keen to invest in UK so long as UK invests in its foundational infrastructure.
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But it would be fantasy budgets and wishful ideology. It wouldn't be based on real-world economics.
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@archvaldor "make a small increase in taxation on the super-rich" - Okay, how? The super-rich hold their wealth in tax shelters and tax efficient vehicles.
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Rachel Reeves is safe. Her plan is working (short term pain for long term gain). UK 10yr Gilt yield is falling (down to 4.6 this morning) as world adjusts to Trump 2.0. Base rate cut coming in February. Richard is as bad as the right wing media in trying to spread rumors. Reeves is safe because any one who tries to topple her only to increase borrowing and abandon fiscal rules will spook the bond markets. The bond markets are the best check we have on government spending beyond its income.
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Don't always need more money to improve public services. Just as in business where the drive is to do more with less, government departments also need to embrace this.
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@M2Mil7er And that last leftist government bankrupted the UK in the 70s. No thanks, the centre is where I want government to be, the middle is where you win elections too.
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