-
-
Latest Discussions
-
Running a country is not the same as a household budget -
Red purse found on Lordship Lane , I have handed it into Dynamic Wines. -
Led By Donkeys attacks ‘Orwellian’ arrests after Trump Windsor projections https://www.theguardian.com/us-news/2025/sep/17/four-arrested-after-image-of-trump-and-epstein-projected-onto-windsor-castle-ahead-of-presidents-visit -
One of the issues is that under this government, the so called black hole of £20 billion has, according to some, risen to £50 billion. Which will result in even more taxes. I was always taught to cut my coat according to my cloth, which would in an ideal world mean having to halt or stop projects or services until the deficit is down to a manageable level. Increasing taxes has a limit (the Laffer Curve https://en.m.wikipedia.org/wiki/Laffer_curve) and also damages the economy and the publics ability to spend. If Labour want to turn things around they are going to have to face some uncomfortable decisions on where to cut their ambition.
-
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now