There are no easy or quick solutions. It took 45 years of smashing shit up for neo-libs to get us to this point. It’ll take a fuck load longer than 2 years to fix it. This is why pyschcodrama is pointless, and changing who is PM does not change the material conditions we currently exist in.
I support a wealth tax, but an extra 30-ish billion in tax revenue isn’t going to touch the sides when we spend around 1,200 billion a year; it’s less than 3%. The benefit of a wealth tax is longer term.
Meaningful spending will either require massive borrowing - which increases interest rates and worsens wealth inequality as its the rich who loan the money in the first place - or printing money, which increases inflation, and worsens inequality.
Right now we’re relatively insulated from Trump’s FAFO with Iran due to the energy price cap, etc, but people are already shitting their pants at how petrol prices have increased, whilst other countries are already rationing.
People are so (rightfully) jaded, and there is no appetite in the country for “pain today for a better tomorrow”.
This is a hard problem to fix, and is much bigger than whoever the PM is.
Neo liberals are ruining the west in general - and that includes conservatives.
They don’t break up monopolies, they don’t punish white collar crime, they don’t actually try to uphold free market principles, they make public services painfully expensive and ineffective with “New Public Management” - then suggest selling off the infrastructure for cheap to their friends friends when said system inevitably breaks under it’s own weight, to form even more monopolies while claiming free market has won once again.
These people are grifters. It’s griftonomics, political edition.
There are no easy or quick solutions. It took 45 years of smashing shit up for neo-libs to get us to this point. It’ll take a fuck load longer than 2 years to fix it. This is why pyschcodrama is pointless, and changing who is PM does not change the material conditions we currently exist in.
I support a wealth tax, but an extra 30-ish billion in tax revenue isn’t going to touch the sides when we spend around 1,200 billion a year; it’s less than 3%. The benefit of a wealth tax is longer term.
Meaningful spending will either require massive borrowing - which increases interest rates and worsens wealth inequality as its the rich who loan the money in the first place - or printing money, which increases inflation, and worsens inequality.
Right now we’re relatively insulated from Trump’s FAFO with Iran due to the energy price cap, etc, but people are already shitting their pants at how petrol prices have increased, whilst other countries are already rationing.
People are so (rightfully) jaded, and there is no appetite in the country for “pain today for a better tomorrow”.
This is a hard problem to fix, and is much bigger than whoever the PM is.
Neo liberals are ruining the west in general - and that includes conservatives.
They don’t break up monopolies, they don’t punish white collar crime, they don’t actually try to uphold free market principles, they make public services painfully expensive and ineffective with “New Public Management” - then suggest selling off the infrastructure for cheap to their friends friends when said system inevitably breaks under it’s own weight, to form even more monopolies while claiming free market has won once again.
These people are grifters. It’s griftonomics, political edition.
Exactly - greed is good, apparently.