What do with think will be in Labour’s budget?

Government borrowed £24 billion pounds last month. They used £11 billion of that to pay off debt interest! We are well and truly screwed!!

Looks like trickledown.

What I have suggested is nothing to do with trickle down economics. It is simply some sensible policies to help UK businesses grow, thrive and compete.

What I have suggested is nothing to do with trickle down economics. It is simply some sensible policies to help UK businesses grow, thrive and compete.

What I have suggested is nothing to do with trickle down economics. It is simply some sensible policies to help UK businesses grow, thrive and compete.

Actually no. I am not coming out with any tired old tropes. I saw you post and I thought " ah ha... this is gonna be trickle down economics". And it seems I was correct.

If anything, trickledown is an old trope.

Can you give an example of a country where it has worked ? And you need to keep in mind that the UK party in Government now have a manifesto policy to decrease wealth inequality, so trickledown will not fit that policy, given that it increases wealth inequality where it has been tried.

In fact, scrub the Labour manifesto, can you name a country that has implemented trickle down and is booming ? As in, today.

Not really. I was thinking more along the lines of cutting disproportionate red-tape, abolition of the business rates millstone for small 'bricks and mortar' businesses to level the playing field with the big online corporates, an energy policy that brings down the cost of energy for businesses of all size allowing them to compete internationally, tax breaks for entrepreneurs that incentivise and reflect the risk of business creation, stock market reforms to encourage investment in UK firms and prevent further exodus of companies from the London Stock Market, less barriers to employing people and allowing businesses to hire more flexibly, reduction in the NI rates payable by small businesses, much expanded apprenticeship scheme, etc. These sorts of things and more.

I'm trying to give them a chance to explain themselves, but all you get back is the same tired old tropes.

But hopefully on this occasion they will come back with some worked through reasoning to justify the soundbites.

Love the profile name by the way. Made me chuckle.

I'm trying to give them a chance to explain themselves, but all you get back is the same tired old tropes.

But hopefully on this occasion they will come back with some worked through reasoning to justify the soundbites.

Love the profile name by the way. Made me chuckle.

And I am a lefty because ?

Reduce tax. Check

De-regulate, check.

Unleash the entrepreneurs. Check.

The "much expanded apprenticeship scheme, etc." does not fit. But that is a labour policy I believe anyway.

Energy costs is a world wide issue at the moment, because of wars.

That's why lefties are hopeless at economics.

Can you explain exactly how that is so, because I can't understand your point?

That's why lefties are hopeless at economics.

That looks like trickle down economics to me.

That looks like trickle down economics to me.

Not really. I was thinking more along the lines of cutting disproportionate red-tape, abolition of the business rates millstone for small 'bricks and mortar' businesses to level the playing field with the big online corporates, an energy policy that brings down the cost of energy for businesses of all size allowing them to compete internationally, tax breaks for entrepreneurs that incentivise and reflect the risk of business creation, stock market reforms to encourage investment in UK firms and prevent further exodus of companies from the London Stock Market, less barriers to employing people and allowing businesses to hire more flexibly, reduction in the NI rates payable by small businesses, much expanded apprenticeship scheme, etc. These sorts of things and more.

I suspect you will say trickledown economics, or a variation of. Especially since you mention the Laffer curve.

Since you asked the question, perhaps you could say what your suspicion is?

Quote "No understanding of how growth actually happens or what policies are required to deliver growth."

And what policies are required for this ? I suspect I know what you will say, buts let's see if my suspicion is correct.

What will be in Labours budget? I have no idea, but I can likely predict what won't be in it.

No meaningful cut in the unsustainable benefits bill that is slowly crippling the country.
No plan to pay down the national debt or address the deficit.
No understanding of the laffer curve.
No grasp of the importance of the bond markets.
No useful support for struggling small businesses.
No understanding of how growth actually happens or what policies are required to deliver growth.
No workable plan to tackle inflation and the cost of living.
No credible plan to bring down our crippling energy costs.
No listening to people with experience in all of the above things.
No sense that this ideologically driven government has a clue what on earth it is doing.

Hopefully I will be proven entirely wrong, but somehow judging by the observable lack of competence of almost all of Labour's ministers, I doubt it.

It's got little to do with racism. It's simply people not happy with their taxes being used for houses and benefits handed out to people who arrived here illegally, people who shouldn't even be in the UK, people who are almost entirely not genuine refugees fleeing conflict - but economic migrants, mostly male, jumping the perceived queue, and being given priority over and above working people born and raised and paying tax in the UK.

This is particularly so when public services seem to be crumbling, the national debt is at record levels, hospital waiting lists are worse than ever, there is a cost of living crisis, and we keep being told we need to pay more and more tax. And the government labels anyone who raises a perfectly valid objection to all of this as 'racist' or 'far-right'.

You understand all this right?

I don’t blame them if they’d be subjected to some of the disgusting racism I’ve seen posted here.

What will be in Labours budget? I have no idea, but I can likely predict what won't be in it.

No meaningful cut in the unsustainable benefits bill that is slowly crippling the country.
No plan to pay down the national debt or address the deficit.
No understanding of the laffer curve.
No grasp of the importance of the bond markets.
No useful support for struggling small businesses.
No understanding of how growth actually happens or what policies are required to deliver growth.
No workable plan to tackle inflation and the cost of living.
No credible plan to bring down our crippling energy costs.
No listening to people with experience in all of the above things.
No sense that this ideologically driven government has a clue what on earth it is doing.

Hopefully I will be proven entirely wrong, but somehow judging by the observable lack of competence of almost all of Labour's ministers, I doubt it.