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  1. beorhthelm

    Fiscal Failings from Labour Again

    you're not sure but completly incorrect, your view is based on unfounded assumptions from looking at the highstreet and blind to anything else beyond it (or on it). the vast majority of employment is through SME companies, and something ridiculous like 99% of all businesses are SME.
  2. beorhthelm

    Fiscal Failings from Labour Again

    he's far more competent than McDonnell, who wants to remove "tax cuts" to business which are to encourage investment or simply accountancy rules to defer costs. there's a delightful plan to tax foreign companies too, which means we'll get taxes on profits from the likes of Google, Microsoft...
  3. beorhthelm

    Fiscal Failings from Labour Again

    this is such a massive contradiction. accepting that government spending is not simply a black hole, not all spending is equal in its effect on GDP and definately some forms are low mulitiplier and there are some that are negative. the contradiction is that tax breaks make money disappear -...
  4. beorhthelm

    Fiscal Failings from Labour Again

    Hammond want to borrow as little a possible (£16bn this year) while maintaining all those state spending commitments. meanwhile Labour want to increase it by another £100bn a year. neither can be trusted with the economy all the time there isnt an honest debate about cost of welfare, health...
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