Gideon plan A has failed us all. If we don't start investing soon we truly will be under that water. Investing in social housing will create jobs, investing in hospitals will create jobs, investing in transport will create jobs. Investing in some Tory friends crooked business or awarding contracts will not create jobs, just angry bitterness that the taxpayer is being ripped off by the Tories yet again. Any investing from now on in, needs to be for the tax paying people, who after all is paying for it. There really needs to be a public run accountability body to approve spending by any government and to check that the politicians are not linked in some way or another to a certain company or holding shares or family and friends have an interest. We really need to clean up Parliament corruption....I would turn around and say though...What on Earth do you mean by less austerity? There is no austerity, merely less, marginally less credit expansion. Now, I'm firmly in the camp of a annual social wage. So, don't be calling me some kind of crazy neoliberal, race to the bottom type, but let's not lose track of reality. Classical economics has collapsed, period. Droning on about cuts, cuts, cuts, misses the bloody great gorilla in the room, namely that without credit expansion the global economy would have never recovered, let alone prospered after the first oil shock of 1973. The rest of history, real history, since has been about growing credit roughly online with productive output, minus 10% to keep the Poles in-line.
No comments:
Post a Comment