The national debt is something to be celebrated The national debt is nothing more than the savings of people with money to spare. It’s not a threat to our well-being, it won’t bring the economy down, and it doesn’t need repayment. Our grandchildren (if we have them) are not threatened by it. That money just needs to be put to good use.
There is class warfare going on in this country now, and it is Labour waging it on the people of the UK
It’s small, local businesses that create jobs, and they don’t seem to be on Labour’s agenda Today’s employment news is not encouraging. We need more jobs in the UK, not just giant data warehouses that employ almost no one. Job creation almost always comes from government and small, local, businesses. Where are they in Lanbour’s priority listing, or are they just not cool enough?
The investment we need is in people Keir Starmer is inviting the world to the UK to invest here, but he’s looking for the wrong type of investment. We don’t need his ‘big ticket’ schemes that will become white elephants as we head for a world where sustainability will matter most of all. What we really require is investment in the diverse skills that the people of this country have but which need development – and there’s no sign he’s going to deliver that.
Rachel Reeves has to get her numbers right Most of the data being used when discussing the economy is hopelessly incorrect. We even have up to six figures for the national debt in the UK – and all of them are wrong. It really is time for Rachel Reeves to start publishing decent data so we can have a proper economic debate in the UK.
How late is too late? The world might already be at a tipping point when it comes to climate change and yet our leaders still seem to be in denial about the reality that we have to face. So, how late is too late when it comes to making the changes required if human life is to survive on Earth?
Are the rich going to leave? In the run up to the budget I have seen claims that as many as one in five people are planning to leave the UK because taxes are too high. If they are, they’re in for a shock. The well-off and the wealthy get a great tax deal in the UK that they’re going to find hard to replicate anywhere else.
Let’s stop pretending that we are going to live comfortably The climate tipping point has arrived, or may already be in the past. The idea that the future might look anything like our past is absurd; massive change is now going to be demanded of us if human life on earth is to survive, and society with it. Can we make those changes? That is now the question.
Does the next Tory leader matter? The Tory leadership campaign is drawing to its close. but does it matter when, whichever of the uninspiring candidates wins, the Tories have no chance of developing messaging to challenge the electoral assaults heading their way from all directions?
The state of economic debate Current debates about the national debt are between the economically illiterate on something equivalent to the number of angels capable of standing on a pinhead, the outcome of which discussion has no relationship to the real world because the data used is not really derived from it in any meaningful way.