Because he wants to win right wing votes by just becoming a right wing party.
Starmer embodies 2010 Tory politics that’s why.
Labour and the conservatives are now the same party, just as bad as each other. This article is obviously heavily biased as usual with the guardian though. Mentioning a cut in corporation tax as a tax cut for the rich is just plain wrong. It’s basic economics to cut tax on businesses to reduce economic hardship, how is anyone better off when a shit load of company’s go bankrupt. Less people earning money and paying tax on top off more people being paid benefits increasing the tax burden. The guardian just use stupid one liners with no basis in reality to push their agenda.
Please explain why it is poor economics?
Government gets income from taxation (the split of where that comes from is the main debate), it has to pay the interest on the National Debt (a generally low rate compared to what mere mortals gather, but still a substantial amount), what’s left can be dished out to the various ministries.
The Magic Money Tree’ is the fabrication that there is always growth in GDP, so an always increasing source of taxation. But that is pure bollocks, there are always periods of recession where the growth of taxable income grinds to a halt.
BP seems to have a magic money tree.
Of course by tree I mean 1,000,000 year old ones
The joy of being in opposition outside of an election is that you don’t have to cost anything you just get to promise any old shit as long as it gets you the support.
We do have a magic money tree, it’s called the rich. We have an army/SAS etc, just take it from them.
Crossdressing.
The Tories don’t need to talk about being responsible with the nation’s finances because people (wrongly) associate them with low borrowing. Labour have to fully cost every line of their manifesto or else they’ll be accused of uncontrolled borrowing.
On the other side of the equation, the Tories have to continuously repeat how important the NHS is or else they’ll be accused of selling it to their mates, but ignore the amount of privatisation that Blair introduced.
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Because he wants to win right wing votes by just becoming a right wing party.
Starmer embodies 2010 Tory politics that’s why.
Labour and the conservatives are now the same party, just as bad as each other. This article is obviously heavily biased as usual with the guardian though. Mentioning a cut in corporation tax as a tax cut for the rich is just plain wrong. It’s basic economics to cut tax on businesses to reduce economic hardship, how is anyone better off when a shit load of company’s go bankrupt. Less people earning money and paying tax on top off more people being paid benefits increasing the tax burden. The guardian just use stupid one liners with no basis in reality to push their agenda.
Please explain why it is poor economics?
Government gets income from taxation (the split of where that comes from is the main debate), it has to pay the interest on the National Debt (a generally low rate compared to what mere mortals gather, but still a substantial amount), what’s left can be dished out to the various ministries.
The Magic Money Tree’ is the fabrication that there is always growth in GDP, so an always increasing source of taxation. But that is pure bollocks, there are always periods of recession where the growth of taxable income grinds to a halt.
BP seems to have a magic money tree.
Of course by tree I mean 1,000,000 year old ones
The joy of being in opposition outside of an election is that you don’t have to cost anything you just get to promise any old shit as long as it gets you the support.
We do have a magic money tree, it’s called the rich. We have an army/SAS etc, just take it from them.
Crossdressing.
The Tories don’t need to talk about being responsible with the nation’s finances because people (wrongly) associate them with low borrowing. Labour have to fully cost every line of their manifesto or else they’ll be accused of uncontrolled borrowing.
On the other side of the equation, the Tories have to continuously repeat how important the NHS is or else they’ll be accused of selling it to their mates, but ignore the amount of privatisation that Blair introduced.